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PRICE $929,000
SIZE 3,120 sqft
LOT SIZE 3,180 sqft

Own a piece of the Great American West in historic Virginia City, MT, billed as the West's most complete original town. The large capacity restaurant has a fully equipped commercial kitchen, comfortable private attached newly renovated apartment, and other possible staff housing option onsite - truly a turnkey operation. Local patrons and tens of thousands of visitors annually recognize this spot as their favorite restaurant in town. With a history dating back to 1873, this landmark building has all the charm of a historic saloon including 4 magnificent back bars, beautiful original hardwood floors and atmosphere to beat the band! High ceilings in the main dining room and a long bar capture the feel of the old West while the cozy back-room bar seating area is, in fact, the original bootleg parlor speakeasy of the town. The 5-year solid sales history as a German/American restaurant under the current management team reports annual sales averaging over $200,000, while operating well below potential. Located at nearly 6,000 feet in elevation, the Ruby Valley Mountain views are stunning and draw folks looking to experience the Wild West by enjoying the Stagecoach, Train, Gold Panning, Living History, live theatre and comedy shows, or simply walking the boards of this original Western pioneer and gold-mining town. Just 90 miles from Yellowstone National Park or Big Sky and it's world-class skiing, and right next to the heart of the best trout fishing in Montana on the Madison River, the area is famous for all seasons of recreation and attracts visitors all year long particularly during the summer months. *The business has an existing beer and wine license which new proprietors can apply for, and included in this sale, as well as all social media platforms will transfer directly to the new owner.

DAYS ON MARKET 232 LAST UPDATED 8/21/2025
YEAR BUILT 1873 COMMUNITY Madison/Beaverhead/Jefferson
COUNTY Madison STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Ceiling Fan(s)
AIR CONDITIONING Yes
AREA Madison/Beaverhead/Jefferson
HEAT Electric, Propane
LOT 3180 sq ft
SEWER Public Sewer
TAXES 1523.94
UTILITIES Propane, Sewer Available, Water Available
WATER Public
ZONING B3 - Central Business

SATELLITE VIEW



 
CONTACT US ABOUT 118 W WALLACE STREET
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Listing provided by Tracy von Felden, RE/MAX Mountain Property
Listing information is deemed reliable, but not guaranteed.

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