122 Wallace, Virginia City, MT | MLS#:400954 1

122 W Wallace Street | Virginia City, MT

$465,000

Mortgage Calculator

Original Amount: $465,000

$
.00
$

$0.00

Principal & interest
$0.00
Property tax
$0.00
Home insurance
$0.00
HOA fees
$0.00
BuildingBusiness

1,971

Sq.ft


About 122 W Wallace Street
Status: Active
Parking: N/A
Listing Date: Apr 17, 2025
Parking Features: N/A
Type: BuildingBusiness
Year Built: 1865
Acres: N/A
Levels/Stories: N/A
Area: Madison/Beaverhead/Jefferson
MLS ID: 400954
View more details

**Own a true piece of Montana history right on the main street of Wallace (HWY 287)** Boot Hill Mercantile—originally home to *The Madisonian* newspaper—is one of the rare **privately owned** commercial buildings in Virginia City, a town where most properties are held by the State of Montana. Opportunities like this almost never come to market. Stepping inside feels like stepping back in time. This mid-1800s building still carries its frontier-era character: a rustic stone façade, nostalgic Old West signage, original hardwood floors, and vintage fixtures that make visitors stop, look around, and say, “Wow… this place is the real deal.” It’s the kind of shop people remember long after they leave. Today, Boot Hill Mercantile operates as a thriving gift and mercantile shop, drawing steady foot traffic from tourists exploring the historic boardwalks, families learning Montana’s Gold Rush history, and locals who love supporting long-standing businesses. At **1,971 sq ft**, the space is manageable, inviting, and incredibly versatile. Its open layout lends itself beautifully to continued retail—or a new vision such as a café, gallery, artisan store, bookstore, or a small museum. The sale includes the **building**, all but few **fixtures**, and **inventory at closing**, making it a true turnkey, income-ready opportunity from day one. Virginia City is one of the most complete preserved frontier towns in the West, attracting visitors for gold panning, stagecoach rides, live theatre, reenactments, and immersive Old West experiences. Owning a business here isn’t just a financial investment—it’s becoming part of the living story of Montana. If you’ve been searching for a unique commercial property with character, history, and strong income potential—plus the rarity of being **privately owned**—Boot Hill Mercantile is an opportunity that doesn’t come around often.

Listing courtesy of: RE/MAX Mountain Property

Virtual Tour

Add a commute

Add a commute

(Data provided by Gallatin-BigSky-BSC data)