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320 N Main Street, Neihart, MT, 59465
Ski-Town Motel and Fuel Station

320 N Main Street Neihart, MT 59465

For Sale
Contact for pricing

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$119.23
Days on Market45

Property Features for 320 N Main Street

General Information

Standard status
Active
Size
7,540 SF
Property subtype
Mixed Use

Building Details

Year Built
1995
Listing Agency: Threshold Real Estate, Inc
Listed By: Ethan Clum · License #RRE-RBS-LIC-45219
Source: Crexi
Added: Jun 10 Changed: Jul 23 Last Checked: Jul 23 at 10:33AM

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


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 For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $122.1k $16.20
− Vacancy −$4.3k −$0.57
EGI $117.9k $15.63
− OpEx −$35.4k −$4.69
NOI $82.5k $10.94
7,540 SF · lease $16.20/SF/yr · vacancy 3.50% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$1.47M
$1.28M – $1.71M (±1% cap)
NOI $102,716 @ 7.0% cap · market cap 11.43%
Second Best
Retail
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,511 @ 7.0% cap · market cap 9.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Motels

Suggested Use

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

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

FAQs

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 N Main Street Neihart, MT.
What is the asking price?
The asking price for this property is $899,000.
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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