5012 Us Highway 89Monarch, MT 59463

For Sale
$1,279,000

Iconic Montana Hotel & Restaurant, $1.279M

Overview

Added:
Dec 11, 2024
Days on market:
92
Nestled in the scenic Little Belt Mountains of Montana, this established mixed-use property presents a unique investment opportunity. The Cougar Canyon Lodge, located at 5012 US HWY 89 in Monarch, MT 59463, has served as a beloved landmark for decades, attracting both local and out-of-state visitors. This 1.466-acre property includes a well-regarded restaurant renowned for its exceptional dining and live music performances (indoor and outdoor seasonal). The hotel component boasts 14 well-appointed guest rooms, providing comfortable accommodations for travelers. Amenities include an indoor heated pool, a hot tub, and a game room featuring billiards, darts, arcade games, board games, and casino games. A convenience store adds further revenue streams. Built in 1966, the lodge is ideally situated near Showdown Ski Area, making it a perfect base for outdoor enthusiasts. The property's prime location and diverse offerings create a strong foundation for continued success and growth within the thriving Montana tourism market. This turnkey operation offers a blend of hospitality and retail, presenting a compelling investment opportunity for those seeking a well-established business in a picturesque setting. The asking price is $1,279,000.

Highlights

  • $1,279,000 asking price for a mixed-use property.
  • 1.466-acre lot in Monarch, MT (Cascade County, zip 59463).
  • 1966-built property includes a hotel with 14 rooms, restaurant, indoor pool, hot tub, game room, and convenience store.
  • Established business with strong local and tourist appeal, located near Showdown Ski Area.

Property Details for 5012 Us Highway 89

Property type
Other retail properties, Restaurants
Year Built
1966
Lot Size (sq. ft)
63,859 SF

Location Insight

City
Monarch
County
Cascade
State
Montana
Latitude
47.099013
Longitude
-110.8365505
5012 Us Highway 89, Monarch, Montana
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5012 Us Highway 89
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