108 Bailey St

108 Bailey St , Lima, Montana, 59739 | 3,200 sq.f | $ 595,000

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About This Restaurant

Investment Highlights

Executive Summary

Quaint restaurant/cabins/ personal residence for Sale in Lima, MT. Lots of opportunity to work and play in Montana. Homestead Cafe & Cabins is a full service restaurant, coffee shop, with a full liquor license. Located in an agricultural community, conveniently located right of of 1-15 between Idaho Falls and Dillon. A 3250 sq.ft. restaurant with a sit down bar, dining room, prep area, kitchen, bathrooms, retail area, walk in coolers, office and storage area. An unfinished basement stores the water heaters plus heating system. 1140 sq.ft. cabins which three are rented as short term rentals, another one can be finished to add to your income. The residence is 2554 sq.ft. home, which includes three bedroom, two baths, good sized living/dining area and a new wood fireplace has been installed recently. A two car detached garage and other outbuildings for storage give you plenty of room. The area is well known for the recreational amenities that Beaverhead County has to offer. Big game hunting, fishing, hiking, snowmobiling, and bike riding are just a few. Over the hill is the beautiful Centennial Valley, Red Rock Bird Refuge, and country road to Island Park area. Built in 1930 this restaurant has been a stop for many travelers. It is well known for their fresh homemade meals that attract the locals plus the many travelers that stop on its way through this area Small town business that is rich in tradition. Parking available around the building. A list of equipment will be provided to a preapproved buyer. Serious inquiries only, contact broker for any information. Also a confidential non-disclosure agreement must be signed before any information is provided.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    3,200
  • Year Built    1930
  • Price    595,000
  • Price Per SF    186
  • Percent Leased    100
  • Building Height    1 Story
  • Building FAR    0.04
  • Land Acres    1.65 AC

Property Taxes

Parcel Number 18-0029-09-2-02-04-0000 Improvements Assessment $0
Land Assessment $0 Total Assessment $312,200
Date Created: 2024-07-16 04:16:23 Last Updated: 2024-07-16 04:16:23
Address: 108 Bailey St , Lima, Montana, 59739