960 Mt Highway 2 Cardwell, MT 59721
- Land
- 33.00 lot acres
Current Use by Public Records
- Land
Property Details for 960 Mt Highway 2
- Lot size
- 33.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional Montana property offers a unique investment opportunity. The 33-acre ranch includes a newly constructed LaHood Park Steakhouse, rebuilt after a 2021 fire. The restaurant, opened in early 2023, enjoys high patronage and features a refurbished historic bar, a spacious deck overlooking the Jefferson River, and an insulated workshop with ample storage. The property boasts over half a mile of pristine Jefferson River frontage, presenting significant potential for expansion. Additional amenities, such as cabins or RV hookups, could further enhance revenue streams. Located on 960 MT Hwy 2 in Cardwell, Montana (zip code 59721), this property is steeped in history, having been the site of a general merchandise store since 1909 and a beloved steakhouse since 1950. The current restaurant building is a modern structure built to replace the original building, offering a blend of historical charm and contemporary functionality. The property's size and location, combined with the thriving restaurant business, make it an attractive investment for those seeking a profitable venture in a picturesque Montana setting. The asking price is $2,400,000.
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
- -111.919
- Latitude
- 45.8493
