5012 Us Highway 89 Monarch, MT 59463
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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