960 Mt Highway 2 Cardwell, MT 59721
- Commercial real estate
- 3,000 SF
- 33.79 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 960 Mt Highway 2
- Year built
- 2022
- Lot size
- 33.79 lot acres
- Property size
- 3,000 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a thriving, newly constructed restaurant situated on a picturesque 33.79-acre parcel along the Jefferson River in Cardwell, Montana. The LaHood Park Steakhouse, established in 1950 and rebuilt in 2023, boasts a renowned reputation for its gourmet cuisine, featuring certified Angus beef and other chef specialties. The restaurant consistently enjoys near-capacity seating, benefiting from large windows offering stunning river and mountain views, and a popular outdoor deck. The property includes extensive river frontage, providing ample space for expansion. A new owner could capitalize on the high volume of tourism in the area by adding lodging options such as cabins or RV hookups, catering to anglers, hunters, and travelers exploring nearby attractions like Lewis and Clark Caverns and Yellowstone National Park via the Norris route. Further enhancing the offering is a newly constructed residence, a spacious workshop, and an RV pad with hookups. This turnkey business presents a rare chance to acquire a profitable, established restaurant with significant potential for growth and diversification in a highly desirable location. The property's size and location offer a unique blend of established income and exciting expansion possibilities. The 3,000 square foot restaurant building is complemented by the additional structures, making this a truly comprehensive and attractive investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cardwell
- County
- Jefferson
- State
- Montana
- Longitude
- -111.922
- Latitude
- 45.8533