102 Elliot StWilsall, MT 59086

  • Retail properties
  • 4,022 SF
For Sale
$1,500,000 View listing

Property Details for 102 Elliot St

Year built
1913
Construction
WOOD
Lot size
0.14 AC
Property size (Sq ft)
4,022 SF
Property type
Retail properties
Property subtype
Bars
APN
49-1215-19-3-41-15-0000
APU
49121519341150000

Description

This exceptional commercial property, located at 102 Elliot S in Wilsall, Montana, presents a unique investment opportunity. The 5,676 square foot building, originally constructed in the early 1900s, boasts a rich history as a bank and currently operates as the highly successful Bank Bar & Vault Restaurant, featured in "America's Best Restaurants in 2024." The property sits on a 0.14-acre lot in a prime location on the main highway, ensuring high visibility and accessibility for both local residents and tourists. The building's distinctive architectural features, including original brickwork and high ceilings, have been meticulously preserved, creating a unique and charming atmosphere. The spacious interior comprises multiple levels, offering a versatile layout that includes a well-established bar area, a family-friendly dining space, a fully equipped kitchen, and ample office space. This turnkey business opportunity includes existing liquor, catering, and gaming licenses, providing a significant advantage for a new owner. The property's central location in scenic Wilsall, Montana, makes it an ideal destination for those seeking a thriving business in a beautiful and desirable setting. Whether you plan to continue the legacy of the Bank Bar & Vault Restaurant or envision a different commercial use, this property offers immense potential for success. The asking price is $1,500,000.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,057,336
    6.5%
    $976,002
    7%
    $906,288
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,160,977
    Geo Method
    $2,160,977
  • Alternative Use

    Use
    Valuation
    Residential
    $823,294
    Hospitality
    $754,133
    Educational
    $627,430
    Medical
    $649,008
    Retail
    $976,002
102 Elliot St, Wilsall, Montana

Location Insight

City
Wilsall
County
Park
State
Montana
Latitude
45.9935
Longitude
-110.661

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,594
-
-
$659,900
-
$131,505
$528,395
$659,900

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