54152 Us-2 North 48 Bar and Steakhouse, Glasgow, MT 59230

$595,000
Active for Sale
 
Listing ID 11742147
Property Type Commercial Business
Commercial Type Restaurant, Bar, Casino, Commercial
County Valley
Total Tax $7,361
FEMA Flood Map fema.gov/portal
Year Built 1980
   
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North 48 Bar & Steakhouse - Turn-Key & Ready to Go

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.
Property Details
  • 2 Half Baths
  • 2852 SF (AG)
  • 2852 SF (Total)
  • 23000 SF Lot
  • Built in 1980
  • Renovated 2004
  • Available 5/11/2026
  • Renovation: Survey completed at last sale
Interior Features
  • Carpet Flooring
  • Linoleum Flooring
  • Forced Air
  • Natural Gas Fuel
  • Central A/C
Exterior Features
  • Post and Beam Construction
  • Wood Siding
  • Rubber Roof
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
  • Handicap Features
Commercial Info
  • Monthly Price Sq Ft: 0.00
  • Annual Price Sq Ft: 0.00
  • North 48, LLC. (Business Name)
Taxes and Fees
  • $7,361 Total Tax
  • Tax Year 2025
Listed By
Missouri River Realty
Office: 406-223-6074
Mobile: 406-223-6074
Missouri River Realty
Office: 406-228-2273
Mobile: 406-263-2273
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