Property summary
Nestled in Montana's Centennial Valley, this exceptional property offers a unique opportunity. The historic Elk Lake Resort boasts a 5,000 square foot main lodge and eight charming guest cabins, providing high-quality accommodations for generations of returning guests. Situated on 10 acres within the Beaverhead-Deer Lodge National Forest, this year-round business enjoys unrivaled access to the beauty of Montana's Greater Yellowstone Ecosystem. Surrounded by public land and a neighboring 50,000+ acre wildlife refuge, the resort offers unparalleled opportunities for fishing, wildlife viewing, and stargazing. The property includes additional structures such as a cold storage building, shop space, barn, boat shed, and docks, enhancing its operational capabilities. Operating under a special use permit from the National Forest Service, Elk Lake Resort is the only commercial lodging, bar, and restaurant in the immediate area, ensuring a strong market position. This turnkey business presents a rare chance to own a piece of Montana history and capitalize on the region's natural beauty and recreational opportunities. The asking price is $2,500,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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