Property Attributes
- MLS#343547
- TypeCommercial
- Listing Status Active
- CountyToole
- CityShelby
- AreaAll Other Areas/See Remarks
- NeighborhoodNA
- Zip59474
- Style
- Year Built1923
- Taxes$ 3722
- Price$ 400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4670
- Lot Size0.145 Acres
Data Source:
Billings MLS (BMTMLS)
Property Description
The Alibi Lounge and restaurant is a turn-key establishment meticulously kept up by current owners. The clean business features a corrugated wrapped bar in the lounge and warm lighting and welcoming décor in the restaurant dining space. The eye-catching arched doorways elevate any weary spirit and are a timeless symbol of celebrating success and stability! A full liquor license accompanies the sale. Located next to the Alibi Lounge is a beauty shop on the corner that is connected and is part of the property. The beauty shop has been rented by the same tenant for numerous years with rental income of $450/month. Essentially everything is included in the sale such as furnishing, inventory, appliances, and décor. Starting out on a new venture? This place has you covered! With books that can back it up. Come down to the Alibi and let your vision of owning a successful business come alive!
| Price History | |
|---|---|
| 8/19/2025 | Listed $400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Gas |
| Cooling | Central Air |
| Possession | Close Of Escrow |
| Year Built | 1923 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Business |
| Business Type | Restaurant |
| County | Toole |
| Property Type | Commercial Sale |
| Subdivision Name | NA |
| Status | Active |
| ModificationTimestamp | 2026-08-18T18:53:31.847-00:00 |
| City | Shelby |
| Disclosures | Sellers Disclosure Not Available |
| Zoning Description | Other |
| MLS Area | (99) All Other Areas/See Remarks |
| Tax Annual Amount | 3722 |
| Property Condition | Updated/Remodeled |
| MLS Area Minor | 99 |
| Virtual Tour | https://www.propertypanorama.com/instaview/bmt/343547 |
| Standard Status | Active |
| Property Sub Type Additional | Business |
| PostalCity | Shelby |
| Legal Description | SHELBY SECOND ADD, S27, T32 N, R02 W, BLOCK 012, LOT 016, 70 X 90’ OF LTS 16 & 17 EXCEPT SOUTH 15’ OF LOT 16 |
| AttributionContact | 406-622-3224 |
| Current Use | Food Service,Restaurant |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
Exterior Features
| Parking Features | On Street |
|---|---|
| Water Source | Public |
| Lot Size Acres | 0.145 |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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