Commercial

122 W Wallace Street

Virginia City, MT 59755

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ActiveMLS® 409608
$449,000
122 W Wallace Street, Virginia City, MT 59755
Bds Ba 1,971 Sq.Ft. 0.054 Ac
Description

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.

Interior
  • Heating Forced Air
Utilities
  • Sewer Public Sewer
  • Utilities Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Public
Land and Lot
  • Lot size 0.054 acres (2,352 sq ft)
Location and Zoning
  • Zoning description Call Listing Agent for Details
  • County Madison
  • Subdivision Virginia City Original Plat
Schools
  • School District Ennis K-12 Schools
Tax and Legal
  • Annual tax $1,024
  • Tax year 2025
  • Parcel number 0001027000
  • Legal description VIRGINIA CITY ORIG TOWNSITE, S22, T06 S, R03 W, BLOCK 191, LOT 10
Parking and Garage
  • Garage Gravel, On Street

Listing Information

Listing Agent
Miranda Wheeler
Listing Office
Berkshire Hathaway - Sheridan
IDX

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/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. Information deemed reliable but not guaranteed. Copyright© 2026 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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