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Ali Holbrook

ali.holbrook@engelvoelkers.com +1(406) 599-5666

$ 475,000

Est. payment -/mo

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122 W Wallace ST Virginia City, MT 59755

1,971 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building/ Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,971 sqft

Price per Sqft $240

Subdivision Virginia City Original Plat

MLS Listing ID 409608

Year Built 1865

Annual Tax Amount $1,024

Tax Year 2025

Lot Size 2,352 Sqft

Acres 0.054

Property Sub-Type Building/ Business

Property Description

Step into ownership of Boot Hill Mercantile, ideally positioned on Wallace Street along Virginia City's main commercial corridor with direct frontage on the historic boardwalk. Featuring genuine frontier charm and a proven retail operation, this offering includes the business, inventory, and real estate, presenting a rare opportunity in a market where private ownership is limited and opportunities like this are highly sought after. Originally home to The Madisonian newspaper, the building carries a rich legacy that is immediately felt upon entry. Set in the heart of Virginia City, this location places you among one of the most well preserved frontier communities in the American West. Original hardwood floors, vintage displays, and a striking stone exterior create an atmosphere that resonates with visitors seeking a true Montana experience. This is the kind of space that draws people in and keeps them browsing. Currently operating as a successful mercantile and gift shop, the business benefits from high volume seasonal tourism, strong foot traffic, and a location that captures the flow of visitors exploring Virginia City's boardwalks, historic theaters, and gold rush era landmarks. The approximately 1,971± sqft layout is functional and inviting, offering flexibility to continue the existing retail concept or introduce a new vision such as a specialty shop, gallery, café, or curated Western brand. Recent updates include the addition of a bathroom in the rear portion of the building, where there is currently a storeroom. This creates the potential for employee accommodations or housing, adding another layer of functionality to support business operations. With its established presence, highly usable layout, and prime location, Boot Hill Mercantile is well positioned for an owner-operator or investor looking to step into Virginia City's tourism driven economy. Surrounded by recreation, history, and a stream of visitors from across the country and around the world, this property is positioned to capture the energy of one of Montana's most visited historic destinations. This property offers more than just income potential. It offers a place in a destination known far beyond Montana for its preserved history and authentic visitor experience. Shown by appointment only. Contact your agent to schedule a private tour and experience this opportunity firsthand.

Location

State MT

County Madison

Area Madison/Beaverhead/Jefferson

Direction On main commercial street in Downtown Virginia City. Between Public Parking & Courthouse on south side of street.

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Gravel, On Street

Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Others

Tax ID 0001027000

Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, 3rd Party Financing

Special Listing Condition None

Listed by Berkshire Hathaway - Sheridan

NEARBY SCHOOLS & PROPERTIES

Ali Holbrook

Advisor | License ID: 45274

+1(406) 599-5666

Ali Holbrook

122 W Wallace ST Virginia City, MT 59755

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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122 W Wallace ST