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Welcome to a rare opportunity in the heart of Anaconda-where style, functionality, and potential come together seamlessly. Introducing “The Hangout,” a beautifully designed, modern, fully operational restaurant offering both the business and building in one exceptional package. Step inside and you'll immediately feel the inviting, chic atmosphere that keeps guests coming back. Thoughtfully updated with a fresh, contemporary aesthetic, this space delivers the perfect blend of comfort and style. The layout offers incredible versatility with two separate dining areas, creating endless possibilities. Maintain the current flow for increased seating or reimagine one space into a private party room, arcade, gaming lounge, or casino-style experience. This flexibility opens the door to multiple revenue streams and expansion. Behind the scenes, the restaurant is equipped for success. A new heating system ensures year-round comfort, while the commercial-grade grill hood and available equipment provide a seamless transition to new ownership. This is a true turn-key opportunity, ready for day one. A standout feature is the ample, convenient parking-an asset for daily operations and events. The spacious lot easily accommodates high traffic, making it ideal for dinner rushes, private parties, and community gatherings while enhancing the overall guest experience. Whether you're an experienced restaurateur or an entrepreneur ready to bring a fresh concept to life, The Hangout stands out as a prime investment. With modern updates, an adaptable layout, and established presence, this property is more than a restaurant-it's a cornerstone opportunity. This is the gem you've been waiting for.

Property Details of 1111 E Park Avenue

Property Details

Interior Features

Map Location

MT MRMLS

Based on information submitted to Montana Regional MLS as of May 14, 2026 2:07 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

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