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$ 595,000
Est. payment /mo
New
54152 Highway 2 Glasgow, MT 59230
1 Bath
2,852 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,852 sqft
Price per Sqft $208
MLS Listing ID 11742147
Half Baths 2
Year Built 1980
Annual Tax Amount $7,361
Tax Year 2025
Lot Size 0.528 Acres
Property Description
Rare Opportunity: Established Bar & Steakhouse For Sale - Glasgow, MT Positioned along the high-traffic US Highway 2 corridor in Glasgow, Montana, The North 48 Bar & Steakhouse represents one of the most sought-after commercial hospitality opportunities in northeast Montana. This fully operational, turn-key establishment has built a loyal following as a premier dining and entertainment destination serving Glasgow and the surrounding Valley County region. The Business The North 48 is a well-known full-service bar and grill offering a complete dining experience, from hearty entrées and a full dinner menu to desserts, and special event hosting. The business has established itself as a go-to gathering place for locals, travelers passing through on US-2, agricultural workers, and visitors to the Fort Peck Lake and Missouri River recreation areas. The Location Glasgow, Montana sits at the crossroads of northeast Montana's agricultural heartland and some of the region's most spectacular outdoor recreation. Fort Peck Lake, one of the largest reservoirs in the United States, draws hunters, anglers, boaters, and outdoor enthusiasts from across the country. US Highway 2, known as the Hi-Line, sees consistent year-round traffic from locals, long-haul travelers, and seasonal visitors alike. This location puts The North 48 in the path of a broad and diverse customer base. The Opportunity Whether you are an experienced hospitality operator looking to expand into a proven market, an entrepreneur seeking a turn-key business with an established brand and customer base, or an investor looking for a cash-flowing commercial asset in a stable rural economy, The North 48 presents a compelling case. Glasgow's economy is anchored by agriculture, energy, healthcare, and government, providing a resilient local customer base that supports year-round business activity. The sale includes the real property, business operations, and fixtures and equipment. A Montana alcoholic beverage license is associated with the business and transfers separately through the Montana Department of Revenue per state regulations. Gambling License attached. Glasgow, Montana Glasgow is the county seat of Valley County and serves as the commercial and service hub for a wide area of northeast Montana. The community offers a strong quality of life with affordable cost of living, excellent schools, outdoor recreation, and a tight-knit community, making it an attractive place to live and operate a business. All financial inquiries, tours, and offers are to be submitted through the listing agent. Buyers are encouraged to perform their own due diligence. Business financials available to qualified buyers upon execution of a Non-Disclosure Agreement.
Location
State MT
County 30105
Rooms
Dining Room 0
Kitchen 0
Building
Sewer Municipal
Water Municipal
Structure Type Post and Beam
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5 W Mendenhall St, Bozeman, MT, 59715-3565, USA
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