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Investment Highlights

  • A Historic Gathering Spot Since 1900
  • Authentic Local Experience
  • Iconic Neon Sign and Community Mural

Executive Summary

Established in 1900, the Bison Bar stands as one of eastern Montana’s most iconic watering holes, located at 618 Main Street in downtown Miles City. For over a century, it has served as a welcoming gathering place, embodying the spirit of the Old West with its rustic charm and storied past.
The Bison Bar plays a central role in the annual World Famous Miles City Bucking Horse Sale, held every third full weekend in May. It hosts the opening night Calcuttas, where rodeo fans and locals come together to bid on bronc riders and wild horse racers, setting the tone for a weekend of high-stakes excitement.
This listing includes a coveted All-Beverages liquor license with gaming, a catering endorsement, allowing for both on-premise sales and off-site beverage catering. The license is valued at $250,000 and comes with the building, bar equipment, and extensive catering gear, including refrigerated trailers, portable bars, and more.
With its prime location, historic significance, and versatile liquor license, the Bison Bar presents a unique investment opportunity in the heart of Miles City.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
5,750 SF
Building Class
B
Year Built
1900
Price
$895,000
Price Per SF
$155.65
Tenancy
Single
Building Height
2 Stories
Building FAR
1.02
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
6
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Nearby Major Retailers

Wells Fargo Home Mortgage
U.S. Bank
CrossFit

Property Taxes

Property Taxes

Parcel Number
14-1740-33-1-11-07-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$247,000
  • Listing ID: 35778876

  • Date on Market: 5/7/2025

  • Last Updated:

  • Address: 616-618 Main St, Miles City, MT 59301

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