118 W Wallace Street, Virginia City, MT

$799,000

Previous Next

3,120

Square feet

0.07

Acres

About 118 W Wallace Street

Own one of the most iconic and truly *private* commercial properties in historic Virginia City, Montana. This landmark building—home of the **Original Bootleg Parlor Speakeasy**—has been part of the town’s story since 1873 and is one of the few commercial properties not owned by the state. While the building has served many uses over the years, it has become one of the most recognized **restaurants** in town. Visitors love the authentic Old West feel, with original hardwood floors, **four antique back bars**, high ceilings, and vintage details that make this space unforgettable. This is a **turnkey opportunity** with a fully equipped commercial kitchen, a newly renovated attached apartment, plus additional on-site housing for staff or flexible use. Whether you want to continue the restaurant tradition, host events, or introduce a new commercial vision, the infrastructure is ready. A favorite feature is the cozy back-room bar—historically the town’s original **bootleg parlor speakeasy**—a unique story that draws guests in. Located at nearly **6,000 feet**, the Ruby Valley views are stunning. Virginia City attracts visitors year-round for gold panning, stagecoach rides, live theatre, and historic boardwalks. You’re also just 90 miles from **Yellowstone**, near **Big Sky skiing**, and minutes from world-class **Madison River fly fishing**. **Included:** * Existing beer & wine license (transferable with application) * All social media platforms * Rare **privately owned** commercial real estate in Virginia City A standout chance to own a historic, income-producing Montana property with charm, versatility, and a story all its own.

Features of 118 W Wallace Street

MLS® # 399010
Price $799,000
Square Footage 3,120
Acres 0.07
Year Built 1873
Type Commercial Sale
Sub-Type Building/Business
Status Active

Community Information

Address 118 W Wallace Street
Area 7MM - Madison - Madison Vly
City Virginia City
County Madison
State MT
Zip Code 59755

Amenities

Utilities Propane, Sewer Available, Water Available
Is Waterfront No
Has Pool No

Interior

Heating Electric, Propane
Cooling Ceiling Fan(s)
Fireplace No
Has Basement No

Additional Information

Date Listed February 3rd, 2025
Days on Market 343
Zoning B3 - Central Business
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTracy Von Felden
OfficeRE/MAX Mountain Property

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?