About This Restaurant
Investment Highlights
Prime location within a one-mile radius of 13 hotels Future area development slated to produce 3,000 new residential units ?56 on-site parking spaces
Executive Summary
At the intersection of Reserve Street and Interstate 90 in Missoula, Montana, The Stone of Accord at 4951 North Reserve Street offers a turnkey restaurant, profitable casino, and liquor store. The building is complete with furniture, fixtures, and equipment, as well as a full liquor license. The area sees some of the highest traffic counts in the state at 20,000+ vehicles per day.Thanks to Missoula?s location between Flathead Lake, Glacier National Park, and the Bitterroot Valley, a significant portion of Montana?s 12.5 million annual visitors pass through the area. Nearby, the Missoula International Airport also feeds travelers to this hospitality-dense portion of the North Reserve Street corridor. Patio seating maximizes available space in the busy summer season.Several new and established hotels surround the ?0.69 acre site, which features ample customer parking and prominent monument signage. The space totals ?6,974 square feet between the restaurant, casino, and on-site liquor store. Several configurations are available, including the current functional layout with bar, booths, and several table sizes.The large lot, well-maintained exterior, and mature landscaping provide attractive curbside appeal. Inside, the current decor features an Irish pub environment; all interior systems received regular service. The restaurant also appeals to the growing residential cluster surrounding North Reserve, with the nearby Mullan/Reserve neighborhood set to see 3,000 new units over the coming years.
Property Details
- Sale Type Investment
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar Restaurant
- Building Size 6,974
- Building Class C
- Year Built 1991
- Price 4,825,000
- Price Per SF 692
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.23
- Land Acres 0.69 AC
Amenities
- Pylon Sign
- Signage
Property Taxes
Parcel Number | 04-2200-05-3-01-05-0000 | Improvements Assessment | $829,768 |
Land Assessment | $1,033,832 | Total Assessment | $1,863,600 |
Date Created: | 2024-07-16 04:16:23 | Last Updated: | 2024-07-16 04:16:23 |
Address: | 4951 N Reserve St , Missoula, Montana, 59808 |