118 & 11 W Wallace Street
Virginia City, MT 59755

ACTIVE
$799,000

Listing Courtesy of Brandy Hilton, PureWest Real Estate Ennis

Listing #408786

1

Bedrooms

3320

Square Feet

Building

Type

About this property

Own a true piece of Montana history in the heart of legendary Virginia City. Built in 1864 as a furniture store with a lumber yard once operating to the east, this remarkable property has stood at the center of town life for over 160 years. During Prohibition, it even operated as a bootleg saloon (speakeasy) out the back, adding another colorful chapter to its storied past. Today, this 3,320± sq ft landmark stands as the largest capacity privately owned restaurant in Virginia City and is being offered for sale with both the business and the building included. Currently operating as a successful German restaurant for the past seven years, the space blends Old World charm with authentic Western character. Inside, you'll find three stunning historic bar backs dating from the 1890s, 1920s, and 1940s, each one a centerpiece and conversation starter. Over the decades, thoughtful upgrades and additions have enhanced the property while preserving its historic integrity. The expansive 90-foot commercial kitchen provides exceptional capacity for high-volume dining, catering, or special events. Propane heat services the building. Upstairs, a recently renovated 600± sq ft apartment offers flexibility for owner occupancy, staff housing, or additional rental income. Virginia City, a National Historic Landmark District, draws visitors from around the world with its preserved 1860s frontier architecture, rich gold rush history, museums, live theater, and year-round events. The town sits just minutes from Ennis, renowned for blue-ribbon fly fishing on the Madison River and approximately one hour from Bozeman, offering access to Yellowstone International Airport, Montana State University, and a thriving commercial hub. Surrounded by endless recreation including fly fishing, big game hunting, hiking, horseback riding, ATV trails, and winter sports, this property is positioned to capture strong seasonal tourism and destination dining traffic. With its size, layout, and prime Main Street location, this versatile building lends itself to a variety of uses beyond a restaurant including event venue, brewery, tasting room, music hall, retail mercantile, boutique hospitality concept, or mixed-use investment opportunity. The scale, history, and presence of this property are unmatched in Virginia City. A rare opportunity to own a thriving business and an irreplaceable piece of Montana's Old West legacy.

property features

Location Information

MLS Area

Madison County

Subdivision

Virginia City Original Plat

Longitude

-111.944805

Latitude

45.293376

Directions

Main street Virginia City. South side of Wallace Street and just east of Historic Courthouse and Virginia City Elks.

INTERIOR FEATURES

Interior

Square Feet

3320

Bedrooms

1

Full / Half Baths

/ 0

Heating

Natural Gas

Half Baths

0

Cooling

Floors

Laundry

Basement Description

Exterior FEATURES

Style

Stories

0

View Description

Exterior

Parking Description

On Street

Garage Spaces

0

Lot Size in Acres

NA

Water

Public Sewer

Zoning

Call Listing Agent for Details

Patio / Deck Description

Fencing

ADDITIONAL INFORMATION

Year Built

1864

Roof/Attic

Property SubType

Building

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2026-04-06 00:01:10 PM MT

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