Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5012 Us Highway 89 Monarch, MT 59463

    Sponsored
    For Sale
    $1,279,000

    Iconic Montana Hotel & Restaurant, $1.279M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    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.

    Property Features for 5012 Us Highway 89

    General Information

    Property type
    Restaurants
    Lot Size
    63,859 SF

    Building Details

    Year Built
    1966

    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 Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Monarch
    County
    Cascade
    State
    Montana
    Longitude
    -110.8365505
    Latitude
    47.099013

    Nearby Comparable

    • $499,000
      56.70 Acres

      Montana Mountain Land - Recreation Paradise

      56.7 acres, prime hunting & recreation
      0 Nhn Pioneer Rdg, Neihart, MT 59465
      View Details
    • $79,000
      13.97 Acres

      Raynesford, MT Land For Sale

      13.97 acres of land with mountain views near county road.
      Arrowood Est Ln, Raynesford, MT 59469
      View Details
    • $640,000
      82.08 Acres

      Montana Agricultural Land - 82 Acres

      Prime Hunting & Farming Land in Raynesford, MT
      0 Cora Creek Rd, Raynesford, MT 59469
      View Details
    • $100,000

      Montana Commercial Land - Raynesford

      12 Acres, $100,000, Needs Cleanup
      0 Nhn Nhn, Raynesford, MT 59469
      View Details
    • $995,000
      7,540 SF

      Mountain Town Hotel - Turnkey Business

      Montana Hotel, 14 Rooms, Bar & Restaurant
      320 Main St, Neihart, MT 59465
      View Details
    • $2,950,000
      731.00 Acres

      Montana Ranch with Cattle Operation

      731-acre working cattle ranch near Great Falls with water rights.
      981 Cora Crk Rd, Raynesford, MT 59469
      View Details
    • $399,000
      82.08 Acres

      82 Acres in Belt, MT

      Secluded 82-acre land with productive ground and mountain views.
      Nhn Cora Crk Rd, Belt, MT 59412
      View Details
    • $1,550,000
      3.83 Acres

      US Hwy 89 Mixed-Use Investment

      Montana Hwy 89 Commercial Property: High Exposure
      7264 Us Highway 89, Belt, MT 59412
      View Details
    • $325,000
      0.06 Acres

      Historic Belt Commercial Building

      $325,000 Mixed-Use Property in Montana
      72 Castner St, Belt, MT 59412
      View Details

    FAQs

    What type of property is this?
    Restaurant - Iconic Montana Hotel & Restaurant, $1.279M
    Where is this restaurant located?
    The property is located at 5012 Us Highway 89 Monarch, MT.
    What is the asking price?
    The asking price for this property is $1,279,000.
    What are key features of this property?
    This property features: $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.
    Request Owner's contact information
    5012 Us Highway 89 Monarch, MT 59463
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5012 Us Highway 89
    Monarch, MT 59463
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5012 Us Highway 89 Monarch, MT 59463
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.