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    501 Word Ave S Red Lodge, MT 59068

    Sponsored
    For Sale
    $695,000

    COMMERCIAL - Other - Red Lodge, MT

    Property size:
    2,616 SF
    Lot size:
    0.43 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 8 at 10:06 pm

    Property Features for 501 Word Ave S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1005800
    Parking
    20
    Parking features
    On Street
    Appliances
    Refrigerator
    Size
    2,616 SF
    Lot size
    0.43 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Solar (Heating), Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1941
    Floors in Building
    1
    Building materials
    Frame, Stucco
    Roof type
    Flat
    Architectural style
    Other

    Berkshire Hathaway HS Floberg

    Listing agent Brandon Treese (406) 254-1550 License #RRE-BRO-LIC-89453

    Listing date Dec 30, 2025

    Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Legacy Restaurant in Red Lodge

    This is a remarkable business opportunity located in the Red Lodge community. It features a well-established legacy restaurant within a beautiful art deco building. The property includes stunning gardens with several greenhouses that support the restaurant. The business opportunity and land are included, encompassing two large lots. Zoned C-4, this landmark is loved and frequented by locals and thousands of tourists each year. The property size is 2616 square feet on a lot of 0.433 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Suggested Use

    Wholesale Shop HVAC Service Car Rental Kitchen & Bath Computer & Electronic Repair Hair Salon Daycare Center Auto Parts Store Storage Facility Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Carbon County Catering

    Location Insight

    • Map
    • Local Demand
    City
    Red Lodge
    County
    Carbon
    State
    Montana
    Longitude
    -109.249925
    Latitude
    45.181678

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant with art deco building and stunning gardens.
    Where is this restaurant located?
    The property is located at 501 Word Ave S Red Lodge, MT.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Well-established, legacy restaurant business opportunity included with the land.; - Prime location in Red Lodge, a landmark frequented by locals and tourists.; - Includes two large lots zoned C-4.
    (406) 647-5007
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 Word Ave S Red Lodge, MT 59068
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