118 W Wallace Street
Virginia City, MT 59755
Listing Courtesy of Tracy von Felden, RE/MAX Mountain Property
Listing #399010
3120
Square Feet
Building/Business
Type
About this property
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.property features
Location Information
MLS Area
Madison - Ruby Valley
Subdivision
Longitude
-111.944892
Latitude
45.293342
Directions
HWY 287 into Virginia City. (becomes Wallace) When traveling north, location will be o the left. Traveling south, location will be on the right. Diagonally across the St. from the Madison Gov Office.
INTERIOR FEATURES
Interior
Square Feet
3120
Bedrooms
Full / Half Baths
/ 0
Heating
Electric,Propane
Half Baths
0
Cooling
CeilingFans
Floors
Laundry
Basement Description
Exterior FEATURES
Style
Stories
0
View Description
Exterior
Parking Description
Garage Spaces
0
Lot Size in Acres
NA
Water
PublicSewer
Zoning
B3 - Central Business
Patio / Deck Description
Fencing
ADDITIONAL INFORMATION
Year Built
1873
Roof/Attic
Property SubType
Building/Business
Amenities
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This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Gallatin-BigSky-BSC data last updated at 2025-02-22 00:01:13 PM MT