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Property profile & analytics
OFF-MARKET
Commercial real estate

960 Mt Highway 2 Cardwell, MT 59721

3,000 SF 33.79 ac lot Built 2022
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2022
Total area 3,000 SF
Lot 33.79 ac (1,471,892 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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