118 Wallace, Virginia City, MT | MLS#:399010 1

118 W Wallace Street | Virginia City, MT

$799,000

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Original Amount: $799,000

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BuildingBusiness

3,120

Sq.ft


About 118 W Wallace Street
Status: Active
Parking: N/A
Listing Date: Feb 3, 2025
Parking Features: N/A
Type: BuildingBusiness
Year Built: 1873
Acres: 0.07
Levels/Stories: N/A
Area: Madison/Beaverhead/Jefferson
MLS ID: 399010
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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.

Listing courtesy of: RE/MAX Mountain Property

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