MT
Deer Lodge
Anaconda
59711
1111 E Park Avenue
1111 E Park Avenue, Anaconda, MT 59711
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Listing Type
Commercial/Industrial
Listing Status
Active
37
$525,000

Home Details for 1111 E Park Avenue

Price
$525,000
Type
Commercial Sale
Year built
1974
Lot size acres
0.311
County
Deer Lodge
Basement
Finished, Concrete
Days on site
74
MLS Listing#
30068527
Property Description

Welcome to a rare opportunity in the heart of Anaconda—where style, functionality, and potential come together seamlessly. Introducing “The Hangout,” a beautifully designed, modern, fully operational restaurant offering both the business and building in one exceptional package. Step inside and you’ll immediately feel the inviting, chic atmosphere that keeps guests coming back. Thoughtfully updated with a fresh, contemporary aesthetic, this space delivers the perfect blend of comfort and style. The layout offers incredible versatility with two separate dining areas, creating endless possibilities. Maintain the current flow for increased seating or reimagine one space into a private party room, arcade, gaming lounge, or casino-style experience. This flexibility opens the door to multiple revenue streams and expansion. Behind the scenes, the restaurant is equipped for success. A new heating system ensures year-round comfort, while the commercial-grade grill hood and available equipment provide a seamless transition to new ownership. This is a true turn-key opportunity, ready for day one. A standout feature is the ample, convenient parking—an asset for daily operations and events. The spacious lot easily accommodates high traffic, making it ideal for dinner rushes, private parties, and community gatherings while enhancing the overall guest experience. Whether you're an experienced restaurateur or an entrepreneur ready to bring a fresh concept to life, The Hangout stands out as a prime investment. With modern updates, an adaptable layout, and established presence, this property is more than a restaurant—it’s a cornerstone opportunity. This is the gem you’ve been waiting for.

Property Features
  • Parking
    • Additional Parking
    • See Remarks
  • Basement
    • Finished
    • Concrete
  • Water Features
    • Public
Listing Courtesy: Obsidian Realty Group - 406-579-4977
Presented by: Nikki Corr
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Montana Regional MLS (MRMLS). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Montana Regional MLS. All Rights Reserved.
Last Updated: 2026-05-29 15:12:30
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EXIT REALTY HELENA
1524 Cedar St., Helena, MT 59601
Office
406 449 8831
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