About 87 Central Avenue
Opportunity awaits to own the iconic Waterhole Saloon, a long-established and beloved business in Stanford, Montana. This community gathering place draws local cowboys, farmers, and visitors alike, whether they’re enjoying the popular Thursday Night Steak special grilled on a smoker or stopping in for a drink and good company. The property includes a private casino offering a comfortable space for those who enjoy gaming. A rustic remodel completed in 2013 enhanced the saloon’s authentic Montana character and included circular-sawn fir flooring, weathered tin accents, a steel bar top, a new water heater, and two new furnaces. The sale includes a full liquor license, catering license, and gaming license, providing multiple revenue streams. Numerous annual community events bring visitors from surrounding areas, making this Central Montana landmark a unique opportunity!
Features of 87 Central Avenue
| MLS® # | 30065030 |
|---|---|
| Price | $279,900 |
| Price/sq.ft | $66 |
| Square Footage | 4,210 |
| Acres | 0.16 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Building/Land |
| Status | Active |
Community Information
| Address | 87 Central Avenue |
|---|---|
| City | Stanford |
| County | Judith Basin |
| State | MT |
| Zip Code | 59479 |
Amenities
| Utilities | Electricity Connected, Propane, Phone Connected |
|---|
Interior
| Fireplace | No |
|---|
Exterior
| Exterior Features | Propane Tank - Leased |
|---|---|
| Foundation | Other |
Additional Information
| Date Listed | February 9th, 2026 |
|---|---|
| Days on Market | 141 |
| Data Source | MetroMLS |
Listing Details
| Office | Keller Realty |
|---|---|
| Office Phone | 406-390-5655 |