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Ski-Town Motel and Fuel Station
For Sale
$849,000

320 Main, Neihart, MT 59465

For sale motel with 15 furnished rooms, a bar and kitchen, outdoor spa, and an on-site fuel station.

Property Size7,540 SF
Price / SF$112.60
Days on Market124

Property Features for 320 Main

General Information

Standard status Active
Size 7,540 SF
Property subtype Commercial

Additional Details

Furnished Yes
Business Included Yes

Taxes and HOA fees

Annual Taxes $6,516

Amenities

outdoor spa
fuel station

Building Details

Year Built 1995
Listing Agency: Threshold Real Estate, Inc
Listed By: Ethan Clum · License #RRE-RBS-LIC-45219
Source: Clearwaterproperties
Added: Jun 16 Changed: Oct 16 Last Checked: Oct 16 at 6:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Threshold Real Estate, Inc

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Investment Insights

Based on property information with market context.

This ski-town hospitality property is offered for sale as a combined motel, bar and restaurant, with an on-site fuel station. The motel features 15 fully furnished guest rooms and an outdoor spa. The property also includes a fully equipped bar and kitchen, supporting on-site food and beverage operations.

The business is located approximately 9 miles from Showdown Ski Area in Neihart, MT, at 320 N Main Street. The on-site fuel offering is described as the only fuel for many miles.

Presented as a turnkey operation for new ownership, the property is positioned to serve year-round visitors, including skiers and snowboarders, snowmobilers, motorcyclists, and mountain adventurers.

Key Highlights

  • Motel built in 1995 with 15 fully furnished guest rooms
  • On‑site bar and fully equipped kitchen for guest and public service
  • Outdoor spa on the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,731
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,620 $1.1M
Cap Rate 7%
$810,443 $810.4K
Cap Rate 9%
$630,344 $630.3K
Market Conditions
NOI Build-Up for 7,540 SF
Gross rent
$135.7K $18.00/SF
− Vacancy
−$16.3K −$2.16/SF
EGI
$119.4K $15.84/SF
− OpEx
−$62.7K −$8.32/SF
NOI
$56.7K $7.52/SF
Area
Cascade County, MT
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,620
Cap Rate 7%
$810,443
Cap Rate 9%
$630,344

Alternative Uses

Best Use
Specialty Retail
$1.47M
$1.28M – $1.71M (±1% cap)
NOI $102,716 @ 7.0% cap · market cap 12.10%
Second Best
Retail
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,511 @ 7.0% cap · market cap 9.72%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Restaurant Bar & Pub Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby
Well-served
Demand for This Use

Demographics for 59465, MT

62
Population
150
Households
0.4
Avg Household Size
55
Median Age
19%
College-Educated
100%
High-School Grad
90.1 sq mi
ZIP Area
1
Density / Sq Mi
$31,500
Median Earnings
$205,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Motel - For sale motel with 15 furnished rooms, a bar and kitchen, outdoor spa, and an on-site fuel station.
Where is this motel located?
The property is located at 320 Main Neihart, MT.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Motel built in 1995 with 15 fully furnished guest rooms; On‑site bar and fully equipped kitchen for guest and public service; Outdoor spa on the property
More about this property
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