Features & Amenities

Interior

  • Total Bedrooms

    1

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.073

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $799,000

  • Tax Amount

    $1,270

  • Zoning

    Call Listing Agent for Details

  • Sq. Footage

    3, 320

  • Price/SqFt

    $240

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Full

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Madison

Elementary School

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Listing Courtesy of Brandy Hilton , PureWest Real Estate Ennis

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Own a true piece of Montana history in the heart of legendary Virginia City. Built in 1864 as a furniture store with a lumber yard once operating to the east, this remarkable property has stood at the center of town life for over 160 years. During Prohibition, it even operated as a bootleg saloon (speakeasy) out the back, adding another colorful chapter to its storied past. Today, this 3,320± sq ft landmark stands as the largest capacity privately owned restaurant in Virginia City and is being offered for sale with both the business and the building included.
Currently operating as a successful German restaurant for the past seven years, the space blends Old World charm with authentic Western character. Inside, you’ll find three stunning historic bar backs dating from the 1890s, 1920s, and 1940s, each one a centerpiece and conversation starter. Over the decades, thoughtful upgrades and additions have enhanced the property while preserving its historic integrity. The expansive 90-foot commercial kitchen provides exceptional capacity for high-volume dining, catering, or special events. Propane heat services the building. Upstairs, a recently renovated 600± sq ft apartment offers flexibility for owner occupancy, staff housing, or additional rental income. Virginia City, a National Historic Landmark District, draws visitors from around the world with its preserved 1860s frontier architecture, rich gold rush history, museums, live theater, and year-round events. The town sits just minutes from Ennis, renowned for blue-ribbon fly fishing on the Madison River and approximately one hour from Bozeman, offering access to Yellowstone International Airport, Montana State University, and a thriving commercial hub. Surrounded by endless recreation including fly fishing, big game hunting, hiking, horseback riding, ATV trails, and winter sports, this property is positioned to capture strong seasonal tourism and destination dining traffic. With its size, layout, and prime Main Street location, this versatile building lends itself to a variety of uses beyond a restaurant including event venue, brewery, tasting room, music hall, retail mercantile, boutique hospitality concept, or mixed-use investment opportunity. The scale, history, and presence of this property are unmatched in Virginia City. A rare opportunity to own a thriving business and an irreplaceable piece of Montana’s Old West legacy.

118 & 118 1/2 W Wallace Street

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