122 W Wallace ST Virginia City, MT 59755
1,971 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building/ Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,971 sqft
Price per Sqft $235
MLS Listing ID 400954
Year Built 1865
Annual Tax Amount $1,117
Tax Year 2023
Property Sub-Type Building/ Business
Property Description
Boot Hill Mercantile isn't just a building; it's a chapter of the Old West. This iconic property was the original home of *The Madisonian* newspaper and remains one of the **very few privately owned commercial buildings** in town—a true rarity in a community where most properties are state-owned. Opportunities like this simply don't come up often.
From the moment you step inside, the place speaks to you. Original hardwood floors creak with history, vintage fixtures and signage set the tone, and the solid stone façade reminds you this building has stood here since the mid-1800s. Visitors routinely stop, take it all in, and say, *“This is the real Virginia City.”* It's memorable in the best way.
Today, the building operates as a successful mercantile and gift shop, benefiting from steady foot traffic from tourists, history lovers, families, and locals who appreciate authentic places with soul. At approximately **1,971 square feet**, the space feels welcoming and manageable, with an open layout that easily supports a range of possibilities. Continue the current retail operation or reimagine the space as a café, gallery, artisan shop, bookstore, or small museum that complements the town's historic character.
The sale includes the **building**, nearly all **fixtures**, and **inventory at closing**, making this a true turnkey opportunity with income potential from day one.
Virginia City is one of the most complete preserved frontier towns in the American West, drawing visitors for gold-rush history, live theater, reenactments, stagecoach rides, and immersive Old West experiences. Owning a business here means more than investing in real estate, it means becoming part of a living story that continues to draw people from around the world.
If you've been searching for a **commercial property with authenticity, visibility, income potential, and the rare advantage of private ownership**, Boot Hill Mercantile offers something truly special—an opportunity rooted in history and ready for its next chapter.
Location
State MT
County Madison
Area Madison/Beaverhead/Jefferson
Direction Follow HWY 287 toward Virgina City. Across the street from the Madison County Administrative Office. It will be on the left-hand side if you are traveling North, and on the right if traveling South
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Tax ID 0001027000
Ownership Full
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Special Listing Condition None
Virtual Tour https://youtu.be/WMb2goJs-Kk