Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Electric, Propane

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.073

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $799,000

  • Tax Amount

    1523.94

  • Zoning

    B3 - Central Business

  • Sq. Footage

    3, 120

  • Price/SqFt

    $256

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Full

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Madison

Elementary School

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Listing Courtesy of Tracy von Felden , RE/MAX Mountain Property

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Opportunities like this almost never come along.

This is one of Virginia City, Montana’s most iconic and truly private commercial properties—an authentic piece of the Old West that has been welcoming people through its doors since 1873. Home to the legendary **Original Bootleg Parlor Speakeasy**, this landmark building stands apart as one of the *very few* commercial properties in town not owned by the state, making it especially rare and highly desirable.

Over the years, the building has worn many hats, but it’s best known today as one of the most recognizable restaurants in Virginia City. Step inside and you immediately feel it—the warmth of original hardwood floors, soaring ceilings, four antique back bars, and the kind of historic character that simply can’t be replicated. Guests don’t just dine here; they linger, explore, and come back with friends.

The property is a true turnkey opportunity, thoughtfully set up for continued success. A fully equipped commercial kitchen is ready to go, along with a newly renovated attached apartment and additional on-site housing—perfect for staff, owner occupancy, or flexible income-producing use. Whether you envision continuing the restaurant tradition, hosting private events, or bringing a new commercial concept to life, the foundation is already in place.

One of the most talked-about spaces is the intimate back-room bar—the original **bootleg parlor speakeasy**. It’s a room with a story, and it has a way of drawing people in and making them feel like they’ve discovered something special.

Set at nearly 6,000 feet in elevation, the property enjoys sweeping Ruby Valley views and steady year-round tourism. Virginia City is a destination known for gold panning, stagecoach rides, live theatre, and historic boardwalks. You’re within easy reach of Yellowstone National Park, close to Big Sky Resort, and minutes from world-class Madison River—making this location as compelling as the building itself.

*Included with the sale:*

* Existing beer & wine license (transferable with application)
* Established social media platforms
* Rare, *privately owned* commercial real estate in *Virginia City*

This is more than a building—it’s a living piece of Montana history with income potential, flexibility, and a story that guests and owners alike become part of.

118 W Wallace Street

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