BUTTE – Butte’s landmark M&M Cigar Store is back on the sales block.
The Montana Standard reports the bar and restaurant is listed by a Bllings-based brokerage firm for $495,000.
The bar originally opened in 1890 and is known for being open 24 hours a day, seven days a week. It recently scaled back its hours to Thursdays through Sundays.
Four groups are seeking more than $78,000 from the business, with one company threatening to seize the bar’s signature neon sign.
Former owner Bud Walker resurrected the bar in 2003. He sold it in 2008 for $360,000, and Dan Klemann operated it until a foreclosure in 2011.
The business failed to sell in a sheriff’s auction and was transferred to a Bozeman developer.
Current owner Sam Jankovich acquired it later that year.
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