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United Country Real Estate

Turnkey And Historic Bar In Glasgow, Montana For Sale

Glasgow, Montana, US
Asking Price:
$250,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

For Sale: Historic Montana Bar in Glasgow – Serving the Community Since 1899

Step into ownership of a piece of Montana's history with the opportunity to acquire The Montana Bar, the state's longest continuously operating year-round bar. Established in 1899 and nestled in the heart of Glasgow, Montana, this iconic establishment, which has been under the ownership of the Monson family since 1981, is now on the market. The Montana Bar is offered as a Turn-Key operation, presenting a chance to own a beloved local venue strategically positioned in a high-traffic area that attracts both locals and visitors alike. Originally built in 1920, the building underwent a significant remodel in the late 1970s, with ongoing updates and improvements.

Prime Main Street Commercial Building

The main street commercial building spans approximately 2,904 total square feet, comprising a 1,959 square foot "main bar" and a 956 square foot addition housing poker and dart machines, a live poker table, a bandstand, and a versatile space for gatherings and events. The unfinished attic space offers potential for an apartment, providing the new owner with the option of on-site living. The 1970s remodel modernized the electrical and plumbing systems, and recent years have seen upgrades such as a new 5” PVC sewer pipe, a membrane roof, LED lights, forced air furnace, and attic insulation. In 2020, a 30’ x 12’ covered patio was added for patrons to enjoy outdoor seating during the summer. Further enhancements include new front street windows and an exterior door, providing opportunities for bar service during street dances and community events.

A Hub for Community Engagement

With a longstanding commitment to community involvement, The Montana Bar hosts events like the local "Catfish Classic" and serves as the official host for the Northeast Montana Pro Rodeo Cowboy Calcutta. A variety of activities, including a Fantasy Football League, Whist Tournaments, Darts, and Pool League, contribute to a thriving local business. Inside the bar, patrons can find Sports Betting and State Lotto machines, offering an additional revenue stream. The sale includes a State of Montana Floatable Liquor License and all on-site inventory.

Financial Considerations

Property taxes for 2022 amounted to $2,697, while city water/sewer services have a monthly rate of approximately $115. Natural gas is provided by Montana Dakota Utilities, and electric service by Northwestern Energy, with an average monthly cost of $450.

Don't miss the chance to own and continue the legacy of The Montana Bar – a landmark with deep roots in the community and a rich history spanning over a century.

Property Information

Real Estate:

Real Property Included

Location:

Prime street location in Glasgow, MT.