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108 Bailey St

3,200 SF 100% Leased Retail Building Lima, MT 59739 £469,455 (£147/SF)

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 Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,200 SF
Building Class
B
Year Built
1930
Price
£469,455
Price Per SF
£147
Percent Leased
100%
Number of Floors
1
Building FAR
0.04
Land Acres
1.65 AC
Zoning
B-3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-0029-09-2-02-04-0000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£246,326
  • Listing ID: 31902749

  • Date on Market: 23/05/2024

  • Last Updated:

  • Address: 108 Bailey St, Lima, MT 59739

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