122 W Wallace Street
Virginia City, MT 59755

ACTIVE
$475,000

Listing Courtesy of Miranda Wheeler, Berkshire Hathaway - Sheridan

Listing #409608

1971

Square Feet

Building/Business

Type

About this property

Step into ownership of Boot Hill Mercantile, ideally positioned on Wallace Street along Virginia City's main commercial corridor with direct frontage on the historic boardwalk. Featuring genuine frontier charm and a proven retail operation, this offering includes the business, inventory, and real estate, presenting a rare opportunity in a market where private ownership is limited and opportunities like this are highly sought after. Originally home to The Madisonian newspaper, the building carries a rich legacy that is immediately felt upon entry. Set in the heart of Virginia City, this location places you among one of the most well preserved frontier communities in the American West. Original hardwood floors, vintage displays, and a striking stone exterior create an atmosphere that resonates with visitors seeking a true Montana experience. This is the kind of space that draws people in and keeps them browsing. Currently operating as a successful mercantile and gift shop, the business benefits from high volume seasonal tourism, strong foot traffic, and a location that captures the flow of visitors exploring Virginia City's boardwalks, historic theaters, and gold rush era landmarks. The approximately 1,971± sqft layout is functional and inviting, offering flexibility to continue the existing retail concept or introduce a new vision such as a specialty shop, gallery, café, or curated Western brand. Recent updates include the addition of a bathroom in the rear portion of the building, where there is currently a storeroom. This creates the potential for employee accommodations or housing, adding another layer of functionality to support business operations. With its established presence, highly usable layout, and prime location, Boot Hill Mercantile is well positioned for an owner-operator or investor looking to step into Virginia City's tourism driven economy. Surrounded by recreation, history, and a stream of visitors from across the country and around the world, this property is positioned to capture the energy of one of Montana's most visited historic destinations. This property offers more than just income potential. It offers a place in a destination known far beyond Montana for its preserved history and authentic visitor experience. Shown by appointment only. Contact your agent to schedule a private tour and experience this opportunity firsthand.

property features

Location Information

MLS Area

Madison County

Subdivision

Virginia City Original Plat

Longitude

-111.945209

Latitude

45.293353

Directions

On main commercial street in Downtown Virginia City. Between Public Parking & Courthouse on south side of street.

INTERIOR FEATURES

Interior

Square Feet

1971

Bedrooms

Full / Half Baths

/ 0

Heating

Forced Air

Half Baths

0

Cooling

None

Floors

Laundry

Basement Description

Exterior FEATURES

Style

Stories

0

View Description

Exterior

Parking Description

Gravel,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

1865

Roof/Attic

Property SubType

Building/Business

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

Ami Sayer Real Estate, Bozeman MT logo

BERKSHIRE HATHAWAY BOZEMAN

HOMESERVICES
MONTANA PROPERTIES

Lets Connect

(406)-580-0481

37 S Willson Ave Bozeman MT

#amisayerrealestate

© 2026 BHHS Affiliates, LLC. An Independently Owned And Operated Franchisee Of BHH Affiliates, LLC. Berkshire Hathaway HomeServices And The Berkshire Hathaway HomeServices Symbol Are Registered Service Marks Of Columbia Insurance Company, A Berkshire Hathaway Affiliate. All Rights Reserved.

© 2026 Ami Sayer Real Estate