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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 seven 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.

• Bedrooms
  1
• Bathrooms
  3
• Sq Footage
  3320
• Acres
  0.073
• Days on Market
  15

Additional Features

• Bathrooms Total Integer
  3
• Bedrooms Total
  1
• Building Area Total
  3320
• City
  Virginia City
• Co List Agent Direct Phone
  406-868-3175
• Co List Agent Email
  jennyrohrback@outlook.com
• Co List Agent Full Name
  Jenny Rohrback
• Co List Office Name
  Pure West Real Estate Ennis
• Contract Status Change Date
  2026-02-24
• Cumulative Days On Market
  368
• Directions
  Main street Virginia City. South side of Wallace Street and just east of Historic Courthouse and Virginia City Elks.
• Documents Count
  7
• Heating
  Natural Gas
• Heating
  Yes
• Latitude
  45.293376
• Listing Contract Date
  15
• Listing Key
  1153532814
• List Price
  799000
• Living Area
  3320
• Longitude
  -111.944805
• Lot Size Acres
  0.073
• Lot Size Square Feet
  3180
• MLS Area Major
  Madison/ Beaverhead/ Jefferson
• MLS Area Minor
  7 M - Madison County
• MLS Status
  Active
• Original List Price
  799000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  0001014900
• Parking Features
  On Street
• Photos Count
  80
• Postal Code
  59755
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Sewer
  Public Sewer
• Standard Status
  Active
• Subdivision Name
  Virginia City Original Plat
• Tax Annual Amount
  1270
• Tax Legal Description
  VIRGINIA CITY ORIG TOWNSITE, S22, T06 S, R03 W, BLOCK 191, Lot 8, W 9 OF LOT 7 - Final TBD by Title Company
• Tax Year
  2025
• Unparsed Address
  118 & 118 1/2 W Wallace Street
• Utilities
  Electricity Available, Fiber Optic Available, Sewer Available, Water Available
• Water Source
  Public
• Year Built
  1864

Let me show you this listing!