0.1 Acres in Red Lodge, MT - $295,000
Have the world arrive at your door step! The Hungry Bear Café is only five miles from the ski town of Red Lodge and has repeat customers from across the Nation and around the globe, mainly because of the "World Famous Banana Cream Pie" (the customers named it that). They also serve Breakfast, Lunch and Dinner (until recently). It's a turnkey operation, all the equipment and inventory conveys along with the real estate.
The 28' x 46' Café building was built in 2001 with 6" walls, R-21 fiberglass insulation, a metal roof and masonite siding. The ceilings are 8' to 12' high and the seating area is heated with a propane stove. The propane runs an average of $150 a month, while the electric averages $280 to $350 per month, since there is a commercial grade air-conditioner in the attic to cool the kitchen area and another unit to cool the Café. The seating area inside is 16' x 28' and there ...
The 28' x 46' Café building was built in 2001 with 6" walls, R-21 fiberglass insulation, a metal roof and masonite siding. The ceilings are 8' to 12' high and the seating area is heated with a propane stove. The propane runs an average of $150 a month, while the electric averages $280 to $350 per month, since there is a commercial grade air-conditioner in the attic to cool the kitchen area and another unit to cool the Café. The seating area inside is 16' x 28' and there is a covered 16' x 28' porch for outside seating. The kitchen area is 28'x30' and has a 28' x 6' cold storage in the back with a loading dock, so grocery trucks can pull right up; the 4' crawlspace underneath and the attic serve as storage also. Of course there is a handicapped accessible bathroom.
When you enter the establishment you have a feeling you just came home to see Grandma. The family owned and operated business radiates warmth and comfort. The owner has a corner set up where she does her quilts and rugs, which she sells in the gift shop as well. You could also set up a small office between the café and the gift shop; maybe you do accounting, real estate, insurance or whatever.... By the way, the brass bed in the gift shop does not convey, it belonged to her grandmother, but there are other amazing antiques and crafts.
The double lot borders Highway 308 with 50' and it is 140' deep toward the alley. Since it is zoned commercial the buildings can sit right on the property line, there are no setbacks. You could actually build a small house behind the Café or pull in a mobile home.
In 2006 a gift shop was added (16' x 32') with hardwood floors and all the inventory, estimated at $40,000 will convey as well. Sometimes the gift shop brings in more or as much money as the Café. During the first 8 months the café was open in 2001 it brought in $ 93,000 gross, of which the owner said she kept half. The insurance runs $ 1,950 per year and the property taxes are $ 1,107.
The owner would finance $150,000 at 8% for 10 years or so. She would also train and/or stay on to make the pies or to help out. Oh, by the way, the secret family recipe for the World Famous Banana Cream Pie will convey with sale! If you are ambitious, expand the kitchen, hire cooks, and ship it all across the Nation, you'll be rich and famous in no time flat!
The two adjacent lots with water, sewer and electric are available for an additional $ 65,000. There is an old trailer on it right now.