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Legacy Hospitality Business Opportunity

5200 Elk Lake Road Lima, MT 59739

Claim this Listing
For Sale
$1,750,000

Commercial Sale, Other - Lima, MT

Added:
Jan 28, 2026
Days on Market:
164
Last Refresh:
Jul 11 at 12:06 am

Property Features for 5200 Elk Lake Road

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
18005529101014001

Utilities

Water front features
Lake|Waterfront, Lake|Waterfront

Building Details

Year built
1937
Architectural style
Other

Listing agent Nick Dodge

Listing office Engel & Völkers Butte 116 West Granite, Butte, MT

Listing date Jan 28, 2026

MLS# 30054834 Listing URL

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Elk Lake Resort, nestled in Montana’s Centennial Valley, presents an opportunity to own a hospitality business in a wildlife-rich setting. The resort's business, buildings, and infrastructure are offered for sale, turnkey and ready for a new owner. Operating seasonally, the resort provides all-inclusive lodging, dining, and outdoor recreation. It features guest cabins, a ranch house, a main lodge with a full-service bar, a commercial kitchen and dining area, outbuildings, staff quarters, and on-site amenities such as a private dock and watercraft. The resort is known for its atmosphere and connection to nature, and has become a destination for families, fly-fishermen, wedding parties, and retreat groups. The property could be transformed into a basecamp for hunting outfitters, a seasonal retreat center, or a private hospitality venture. The property is located at 5200 Elk Lake Road, Lima, MT 59739.

Key Highlights

  • Turnkey legacy hospitality business in Montana's Centennial Valley.
  • All‑inclusive lodging, dining, and outdoor recreation in a remote, wildlife‑rich setting.
  • Multiple guest cabins, ranch house, fully equipped main lodge with bar and commercial kitchen.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Resorts

FAQs

What type of property is this?
Resort - Turnkey resort in Montana's Centennial Valley, ready for its next chapter.
Where is this resort located?
The property is located at 5200 Elk Lake Road Lima, MT.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Turnkey legacy hospitality business in Montana's Centennial Valley.; All‑inclusive lodging, dining, and outdoor recreation in a remote, wildlife‑rich setting.; Multiple guest cabins, ranch house, fully equipped main lodge with bar and commercial kitchen.
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