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118 W Wallace Street
Virginia City MT 59755 US

$799,000

Active Listing ID 399010
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Lot: 0.07 Acres
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$799,000

Active Listing ID 399010
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118 W Wallace Street Own a piece of the Great American West in historic Virginia City, MT, billed as the West's most complete original town. The large capacity restaurant has a fully equipped commercial kitchen, comfortable private attached newly renovated apartment, and other possible staff housing option onsite - truly a turnkey operation. Local patrons and tens of thousands of visitors annually recognize this spot as their favorite restaurant in town. With a history dating back to 1873, this landmark building has all the charm of a historic saloon including 4 magnificent back bars, beautiful original hardwood floors and atmosphere to beat the band! High ceilings in the main dining room and a long bar capture the feel of the old West while the cozy back-room bar seating area is, in fact, the original bootleg parlor speakeasy of the town. The 5-year solid sales history as a German/American restaurant under the current management team reports annual sales averaging over $200, 000, while operating well below potential. Located at nearly 6, 000 feet in elevation, the Ruby Valley Mountain views are stunning and draw folks looking to experience the Wild West by enjoying the Stagecoach, Train, Gold Panning, Living History, live theatre and comedy shows, or simply walking the boards of this original Western pioneer and gold-mining town. Just 90 miles from Yellowstone National Park or Big Sky and it's world-class skiing, and right next to the heart of the best trout fishing in Montana on the Madison River, the area is famous for all seasons of recreation and attracts visitors all year long particularly during the summer months. *The business has an existing beer and wine license which new proprietors can apply for, and included in this sale, as well as all social media platforms will transfer directly to the new owner.

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s)
  • Heating Fuels: Propane (Heating), Electric (Heating)

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 799000
  • unparsedaddress: 118 W Wallace Street
  • postalcity: Virginia City
  • stateorprovince: MT
  • country: US
  • postalcode: 59755
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.073
  • lotsizeunits: Acres
  • lotsizearea: 0.073
  • livingarea: 3120
  • livingareaunits: Square Feet
  • latitude: 45.293342
  • longitude: -111.944892
  • listagentfullname: Tracy von Felden
  • listagentemail: tracy.vonfelden@remaxmountainproperty.com
  • listagentkey: 3yd-GARMT-Tvonfelden1!
  • listagentmlsid: Tvonfelden1!
  • listagentpreferredphone: 4065515913
  • listagentofficephone: 4066825001
  • listofficekey: 3yd-GARMT-687
  • listagentstatelicense: RBS-119291
  • listofficemlsid: 687
  • disclaimer: Copyright © 2025 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GARMT
  • yearbuilt: 1873
  • listingcontractdate: 2025-02-03
  • listagenturl: http://www.EnnisMontanaRealEstate.com
  • countyorparish: Madison
  • parcelnumber: 0001014900
  • cooling: Ceiling Fan(s)
  • heating: Propane (Heating), Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • utilities: Propane
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -111.94489, 45.293343
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"ReMax Mountain Property", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tracy.vonfelden@remaxmountainproperty.com", "ListBrokerageCity":"Ennis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"wwmercer@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"ReMax Mountain Property", "ListBrokeragePhone":"(406) 682-5001", "ListBrokeragePostalCode":"59729", "ListBrokerageStateOrProvince":"MT", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"130 E Main St", "ListBrokerageWebsiteUrl":"http://www.EnnisMontanaRealEstate.com", "ListOfficeAddress1":"P.O. Box 1501 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"687", "ListOfficeCity":"Ennis", "ListOfficeCountry":"USA", "ListOfficeEmail":"Contact@RemaxMountainProperty.com", "ListOfficePostalCode":"59729", "ListOfficeStateOrProvince":"MT", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Virginia City, MT", "ListingURL":null, "MLSModificationTimestamp":"2025-10-25 18:31:02", "Neighborhoods":[{"Description":null, "Name":"7MM - Madison - Madison Vly"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1524, "TaxDescription":"VIRGINIA CITY ORIG TOWNSITE, S22, T06 S, R03 W, BLOCK 191, LOT 8, W 9' OF LOT 7", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/25/2025 8:14:26 PM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: Tracy von Felden, RE/MAX Mountain Property, tracy.vonfelden@remaxmountainproperty.com

Copyright © 2025 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.