For saleReduced $20,000
$300,000
Retail property
0.29 acres
11 E. Washington AveChester, MT 59522
Listing courtesy of Corder and Associates, LLC · MyStateMLS #11606793
For sale
$595,000
2,852 SF building0.53 acre lotBuilt 1980
54152 Highway 2Glasgow, MT 59230
Retail property (from the listing description) · Restaurant premises · MLS 11742147 · Listed 181 days ago (May 7, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
Rare Opportunity: Established Bar & Steakhouse For Sale - Glasgow, MT Positioned along the high-traffic US Highway 2 corridor in Glasgow, Montana, The North 48 Bar & Steakhouse represents one of the most sought-after commercial hospitality opportunities in northeast Montana. This fully operational, turn-key establishment has built a loyal following as a premier dining and entertainment destination serving Glasgow and the surrounding Valley County region. The Business The North 48 is a well-known full-service bar and grill offering a complete dining experience, from hearty entrées and a full dinner menu to desserts, and special event hosting. The business has established itself as a go-to gathering place for locals, travelers passing through on US-2, agricultural workers, and visitors to the Fort Peck Lake and Missouri River recreation areas. The Location Glasgow, Montana sits at the crossroads of northeast Montana's agricultural heartland and some of the region's most spectacular outdoor recreation. Fort Peck Lake, one of the largest reservoirs in the United States, draws hunters, anglers, boaters, and outdoor enthusiasts from across the country. US Highway 2, known as the Hi-Line, sees consistent year-round traffic from locals, long-haul travelers, and seasonal visitors alike. This location puts The North 48 in the path of a broad and diverse customer base. The Opportunity Whether you are an experienced hospitality operator looking to expand into a proven market, an entrepreneur seeking a turn-key business with an established brand and customer base, or an investor looking for a cash-flowing commercial asset in a stable rural economy, The North 48 presents a compelling case. Glasgow's economy is anchored by agriculture, energy, healthcare, and government, providing a resilient local customer base that supports year-round business activity. The sale includes the real property, business operations, and fixtures and equipment. A Montana alcoholic beverage license is associated with the business and transfers separately through the Montana Department of Revenue per state regulations. Gambling License attached. Glasgow, Montana Glasgow is the county seat of Valley County and serves as the commercial and service hub for a wide area of northeast Montana. The community offers a strong quality of life with affordable cost of living, excellent schools, outdoor recreation, and a tight-knit community, making it an attractive place to live and operate a business. All financial inquiries, tours, and offers are to be submitted through the listing agent. Buyers are encouraged to perform their own due diligence. Business financials available to qualified buyers upon execution of a Non-Disclosure Agreement.
Description provided by the listing brokerage.
Key facts
- Asking price
- $595,000
- Status
- For sale
- Property type
- RetailFrom the listing description
- Building area
- 2,852 SFSource field LivingArea
- Land area
- 0.53 acresSource field LotSizeSquareFeet
- Year built
- 1980
- MLS number
- 11742147
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $595,000
- Price per SF of building
- $209/SFAsking price ÷ 2,852 SF reported building area
- Annual taxes
- $7,361Tax year 2025
Building and site
- Year renovated
- 2004Source field RenovationYear_C
- County
- Valley County
Reported features
- Accessibility features reported (from a listing field)
- Public water (from a listing field)
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Listing details
Flooring
- Linoleum
- Carpet
Heating
- Forced Air
- Natural Gas
Construction
- Wood Siding
Roof
- Rubber
- Flat
Water
- Public (Water Source)
Sewer
- Other
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Glasgow or retail property in Glasgow.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…e north 48 is a well-known full-service bar and grill offering a complete dining experience,…")
- MLS property class detail. (PropertyTypeDetail: commercial)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of Missouri River Realty. Listing agent: John Walker. Co-listing agent: Deborah Henry. Listings provided by MyStateMLS.
Listing last modified at the source Oct 16, 2026, 1:51 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 7:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.