Property Listing No Longer Available for Sale

209 North Merrill, Glendive, MT

Others for Sale - $1,200,000 - 18,424 Sq. Ft. on 0.43 acres


Property Info

CIMLS#135246
Location
  209 North Merrill
  Glendive MT 59330
UpdatedAugust 27th, 2012
TypeOthers
Price$1,200,000
Building18,424 Sq. Ft.
Land0.43 acres

Property Description

Historic Commercial Building, built in 1903 with numerous updates, for sale. The property houses approx. 3250 square feet of bar and casino space and 5174 square feet of restaurant space which is currently being leased to a popular Mexican Cafe with Steady income. The upstairs is approx. 5000 square feet and has the potential to be 4 income producing apartments, hotel rooms or owner housing all of which are greatly needed in Glendive, MT, due to the Bakken Oil Field Boom affecting Western North Dakota and Eastern Montana. The basement is approx. 5000 square feet and houses the utilities, new furnace, chill cooler, ice machine, new 100 gallon commercial hot water heater and lots of storage space. The property has it's own 7500 square foot private parking lot and includes lots of inventory, including but not limited to 15 Casino multi-game gambling machines, updated security system, Montana State Liquor License, Restaurant supplies, 2 pool tables, ATM, Jukebox, Business, Restaurant Lease and More. The Legal description of the Property is T16N, R55E, S35, Block 15, Lots 8,9,10, 11 and 12. The lots that the Building sits on is 11,250 square feet and the private parking lot is 7,500 square feet. The asking price for the Building, Business and Inventory is $850,000. Please contact Richard Crouch or Holly Micheletto At Montana East Realty at 406-377-2488 or email mer@midrivers.com for more information.


Financials

Estimated 20%+ Profit on your initial investment. Please inquire for further information.