For Sale
$995,000

320 Main StNeihart, MT 59465

Montana Hotel, 14 Rooms, Bar & Restaurant

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional turnkey business opportunity in Neihart, Montana, presents a thriving mixed-use property encompassing a 14-room hotel, a full-service restaurant and bar, and a gas station. Located at 320 N Main Street, this 7,540 square foot establishment sits on a 0.43-acre lot and boasts an impressive 85% occupancy rate. Built in 1995, the property offers a diverse range of amenities, including rooms varying from one to three beds, two with kitchenettes, and an owner's office with its own kitchenette. The bar features high-top tables, a pool table, gaming machines, and a full liquor license. The property benefits from its location in a small mountain community, surrounded by abundant year-round recreational opportunities. Showdown Ski Hill, snowmobile trails (accessible directly from the property), cross-country ski trails, and nearby Newlan Creek Reservoir provide ample attractions for guests. Big game hunting, historic mining sites, and numerous hiking trails draw visitors from across central Montana and beyond. The asking price is $995,000, representing a compelling $159.15 per square foot and a 10% capitalization rate. This is a rare opportunity to acquire a well-established and profitable business in a desirable location. The property's strong performance and diverse revenue streams make it an attractive investment for discerning buyers.

Property Details for 320 Main St

Property type
Mixed-use properties, Hospitality properties
Square Feet
7,540 SF
Year Built
1995
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Neihart
County
Cascade
State
Montana
Latitude
46.933456
Longitude
-110.736674
320 Main St, Neihart, Montana

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320 Main St
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