Popular Alcan Bar Property in Frenchtown For Sale
If you've spent much time in Frenchtown, Montana, there's a pretty good chance you've stopped into the Alcan Bar for a cold beer, a bite to eat or maybe one of those nights that turned into a much longer evening than originally planned.
I personally do as well. About 15 years ago, we held a Local 406 celebration in Frenchtown. We had a bunch of local heavy metal bands perform at the Alcan. This was another one of those fun, wild small-town Montana parties where we get to play our music loud, hang out with friends, and support our local music scene. I don’t recall all of the bands that performed that day. But I can say that I had an amazing time.
That's why, when I saw the Alcan property posted for sale in a local real estate post, I became interested immediately.
Alcan Property Listed for Sale
As listed on ERA Lambros Realty, the Alcan Bar property located at 16750 Beckwith St., Frenchtown, is being sold for $999,000.
This is not simply someone attempting to sell a neighborhood watering hole. The ERA Lambros listing shows 4 separate legal parcels equaling approximately .01 acres in size. There are four single-family residences (detached) along with an apartment, a mobile home, a small retail space, and a coffee stand. This means you could collect rent off of these spaces as well as sell coffee and have access to the Alcan for a cold beer after your shift ends.
More Than A Bar
The listing lists in excess of $118,000 per year grossed in rental income from the property's residential use and its commercial uses. The listing also states that there is a newly installed sewer system worth approximately $230,000.
It’s also important to note that the bar business is operated through a long-term commercial lease agreement. Meaning the purchase of the land does not automatically equate to ownership of the Alcan Bar itself. This makes things a little different, especially for anyone thinking about leaving their job behind and taking control of their future as the next big Montana bar owner.
A Part Of The History And Memories Of Frenchtown
To me, it’s not so much about the million-dollar price tag. To me, it’s more about the memories and the history associated with something such as the Alcan Bar.
Bars in small towns across Montana have traditionally been more than a place to go and buy a drink. Bars have historically been used for birthday celebrations, listening to live music, meeting new neighbors, and on occasion deciding what to do for the next 15 years.
I am certain that everyone in Frenchtown will agree with me in saying they too have many wonderful memories of the Alcan. What is your favorite memory of the Alcan?
If you happen to have a million dollars burning a hole in your wallet, there appears to be an excellent opportunity to add some unique character to your Frenchtown portfolio.
