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29038082
29038083

121 Main St, Kalispell, MT 59901

Keller Williams Realty Northwest Montana
Listed by Keller Williams Realty Northwest Montana
$1,199,000
182 days on market
Updated 102 days ago

Hops Downtown Grill

Details
Property Type Business for Sale, Hospitality (+2)
Sub Type Restaurant
Square Footage 1,978
Units 1
Cap Rate 29.19%
NOI $350,000
Price per SqFt $606
Class A
Year Built 1987
Year Renovated 1987
Stories 1
Lot Size (SqFt) 3,485
Zoning Commercial
Ownership Warranty Deed

Turnkey Restaurant for Sale in Downtown Kalispell, Montana | 29.19% CAP | 1,978 SqFt

Marketing description

Turnkey restaurant for sale in downtown Kalispell, Montana. Recently featured on America’s Best Restaurants, Hops Downtown Grill presents a rare opportunity to acquire a fully operational and established restaurant business in the heart of the Flathead Valley, one of Montana’s fastest growing tourism markets and the primary gateway to Glacier National Park. This fully equipped restaurant and bar business for sale offers a seamless transition for its next owner. The sale includes an experienced staff, a beer and wine license, kitchen equipment, fixtures, and an established brand with a loyal local following. The restaurant has a well documented operating history, strong community recognition, and consistent traffic driven by both locals and visitors. Located in downtown Kalispell, the restaurant benefits from excellent visibility, steady foot traffic, and proximity to major Northwest Montana attractions. The surrounding area attracts millions of annual visitors traveling to Glacier National Park, Flathead Lake, Whitefish Mountain Resort, and other year-round outdoor recreation destinations, creating significant opportunity for restaurant revenue growth. Hops Downtown Grill offers substantial upside potential for an entrepreneur, chef-owner, or investor. Opportunities for expansion include extending hours of operation, expanding menu offerings, increasing beverage and bar service, and capturing additional tourism demand during peak travel seasons. The Flathead Valley restaurant market continues to grow alongside regional tourism and population expansion, positioning this Kalispell restaurant business for sale as a compelling opportunity within one of Northwest Montana’s most dynamic hospitality markets. This established restaurant opportunity is priced to sell and ready for new ownership. Financial statements and additional business information are available upon request with a signed NDA.

Listing Contacts

Keller Williams Realty Northwest Montana
Listed by Keller Williams Realty Northwest Montana

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$350,000.00
$29,166.67/mo

Valuation Metrics

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DSCR
29.19%
Cap Rate
29.19%
ROI

Map

Zoning

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B-4 CommercialCore CommercialCentral Business
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Last updated Mar 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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