Now with businesses forced to either comply or adjust how they deal with social distancing (think theme parks, beaches, restaurants), our climate is much easier to move outside to accommodate those types of businesses.

Regardless of what your lease says you are going to have difficulty evicting someone in today's Covid conflicted climate.

Can I even get a commercial loan in the current climate?

We can't compare climates to San Diego or Los Angeles, but pricing is substantially cheaper than San Francisco and Seattle with similar geographic advantages.  

You have more than enough Market, in a 800,000 Pop city.5Outside or climate controlled?

The current or future economic climate can influence the immediate numbers, but if a profit can be made now, based on the current numbers, then it's a good deal. 

Montana interests us because of the growth potential and we love the northern climate.

If so I would make it a lighter color especially if you are in a hotter climate. 

It’s just different level of cautiously and wisely using the current climate to your advantage while reasonably protecting your principal.

In this rate climate there are limited kinds of sellers that should be open to owner financing.