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    320 Main St Neihart, MT 59465

    Sponsored
    For Sale
    $995,000

    Montana Hotel, 14 Rooms, Bar & Restaurant

    Property size:
    7,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey business opportunity in Neihart, Montana, presents a thriving mixed-use property encompassing a 14-room hotel, a full-service restaurant and bar, and a gas station. Located at 320 N Main Street, this 7,540 square foot establishment sits on a 0.43-acre lot and boasts an impressive 85% occupancy rate. Built in 1995, the property offers a diverse range of amenities, including rooms varying from one to three beds, two with kitchenettes, and an owner's office with its own kitchenette. The bar features high-top tables, a pool table, gaming machines, and a full liquor license. The property benefits from its location in a small mountain community, surrounded by abundant year-round recreational opportunities. Showdown Ski Hill, snowmobile trails (accessible directly from the property), cross-country ski trails, and nearby Newlan Creek Reservoir provide ample attractions for guests. Big game hunting, historic mining sites, and numerous hiking trails draw visitors from across central Montana and beyond. The asking price is $995,000, representing a compelling $159.15 per square foot and a 10% capitalization rate. This is a rare opportunity to acquire a well-established and profitable business in a desirable location. The property's strong performance and diverse revenue streams make it an attractive investment for discerning buyers.

    Property Features for 320 Main St

    General Information

    Property type
    Hotels
    Square Feet
    7,540 SF
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Senior Center Department Store Food Market Grocery Store Bar & Pub Pawn Shop Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Neihart
    County
    Cascade
    State
    Montana
    Longitude
    -110.736674
    Latitude
    46.933456

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    FAQs

    What type of property is this?
    Hotel - Montana Hotel, 14 Rooms, Bar & Restaurant
    Where is this hotel located?
    The property is located at 320 Main St Neihart, MT.
    What is the asking price?
    The asking price for this property is $995,000.
    Request Owner's contact information
    320 Main St Neihart, MT 59465
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    Neihart, MT 59465
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    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
    320 Main St Neihart, MT 59465
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