USAMTVirginia CityVirginia City Original Plat118 & 118 1/2 W Wallace Street

118 & 118 1/2 W Wallace Street, Virginia City, MT

Real Estate

For Sale

Listed price in listed location currency (USD).

$799,000

120

MLS® 408786

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size 3320 sqft

Garage No

HOA Fees

Taxes $1,270

Days Active 0

Approx. Age 1864

Avg. Price Per Sqft $240

MLS® Number 408786

Property Address: 118 & 118 1/2 W Wallace Street, Virginia City, MT, 59755

Average square foot calculated using Size range provided by listing agent.

Description

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 three 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.

MLS® Number408786

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1864

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 25, 2026List Date

$799,000List Price

Commute

Commute

Starting Address

Destination Address

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