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For Sale: The Only Bar in a 14-Person Montana Town

atlasobscura.com

61–70 of 92 posts

Re: For Sale: The Only Bar in a 14-Person Montana Town

#61
post #4

Asking price seems rather high. I'm sure you could find an abandoned building in Montana and turn it into a bar for far less than $225k.

Montana is not particularly inexpensive. A lot of wealth there living outside a spotlight. Note how well kept the bar interior appears in the photos.

Re: For Sale: The Only Bar in a 14-Person Montana Town

#62
post #47

I've always wondered about the data missing in Google Maps. For instance, when you go to Ingomar, MT and look at street view, the car got to the entrance of the town and the data just stops. https://goo.gl/maps/WVTAChPsBUiRjnoX9 Did the camera die? Did the car get a flat? Did someone forget to turn something on?

Slightly related, I was surprised to learn how much Google still relies on satellite data for mapping roads. I found a road (pretty isolated, but there were occupied houses on it) less than an hour from Mountain View that, according to Google Maps, didn't exist (it just ended in front of the woods according to Google - I went for a few miles before Google was able to locate me on a road again).

I'm not surprised this is their approach; I am surprised that this many years later a street so close to their headquarters could still be invisible to them.

Re: For Sale: The Only Bar in a 14-Person Montana Town

#63

With the onset of Starlink, I expect such locations could experience a population boom. With urban housing prices skyrocketing (demand exceeding supply = bidding war), many are discovering the only thing they need to live where they actually want to is reliable high-speed low-latency internet. The land is cheap ($150,000 for 321 acres in Ingomar, Montana), the region attractive (drove around there this summer, very n…

What are the taxes to live in this area? A colleague has a small farm in West Virginia and she told me she pays about half of her net income in taxes for the farm. I think she earns around $60,000.

Re: For Sale: The Only Bar in a 14-Person Montana Town

#64
post #52

Earlier quoted context omitted.

In Montana, you're paying for the liquor license. It's not uncommon to see hole-in-the-wall bars in 2000 person towns go for $1 million. They are quota-ed and similar to the NYC taxi medallion system.

Does that actually recoup? Or are they buying those licenses to use in more populated areas? (curious if they are tied to the town or not)

As with Uber and medallions, the increasing popularity of craft breweries able to operate with an inexpensive license has led to some big legislative battles. The Montana Tavern Association (MTA, liquor license holders) try to crush the craft breweries every legislative session. They have limited the taphouses to some extent: they can only serve four pints per person per day and they have to close at 8 PM. Also similar to Uber vs taxi drivers the general public likes the breweries and the MTA struggles to maintain a popular image while trying to legislate away erosion of their license values.

Re: For Sale: The Only Bar in a 14-Person Montana Town

#65
post #27

This place isn't just in the middle of nowhere, it's in Eastern Montana, not even the nice part of Montana (the west). This place shouldn't exist. A mildly interesting story, but small town Montana is a rough existence even if you live in pretty part. I would not recommend anyone buying this place unless you don't mind throwing away $200k on it. Edit: All the down votes are coming from people who have never been to E…

Please don't cross into regional slurs. "This place shouldn't exist" is a step into that, and we need users not to go there here. https://news.ycombinator.com/newsguidelines.html

I was born in Montana. I lived in Montana. That restaurant probably hasn't made a profit in 30 years and they are asking $250k for it.

Re: For Sale: The Only Bar in a 14-Person Montana Town

#66
post #2

well, for sure the owner would have town's monopoly in the bar business.

Monopoly? So... do we need to split up the bar, for a fair market?

The problem is not a monopoly, but abuse of a monopoly in a way that stops competition. If the bar owner started charging $100/beer and then forcefully stopped anyone else from opening a bar, that’d need to be broken up for a fair market. Short of that, you don’t have an issue

Re: For Sale: The Only Bar in a 14-Person Montana Town

#70
post #68

Wow, I have lived here in Montana for 33 years and I have never heard of Ingomar. Don't let the article fool you. There are probably at least 100-200 other similar bars for around the same price in towns which are relatively close to the same size.

I grew up in North Dakota, this bar sounds like a lot of small town bars I grew up around. I'm sure you're right on them being a dime a dozen, our "local" aka 20 minute drive away bar had unpaved roads and also yes did have spots for the horses.
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