1962 Mt Highway 28 Hot Springs, MT 59845
- Turn key restaurants
- 3,168 SF
- 4.86 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1962 Mt Highway 28
- Year built
- 1997
- Construction
- WOOD
- Lot size
- 4.86 lot acres
- Property size
- 3,168 SF
- Property type
- Turn key restaurants
- APN
- 35-3223-36-3-01-10-0000
- APU
- 35322336301100000
Description
This exceptional mixed-use property, situated on a generous 4.863-acre lot (211,832 sq ft) at 1962 Mt Highway 28 in Hot Springs, Montana, presents a compelling investment opportunity. Currently operating as a restaurant and bar, the property boasts existing structures in excellent condition, offering endless possibilities for redevelopment. The property features significant Highway 28 frontage with multiple convenient access points. A high-capacity artesian well and commercial septic system are already in place, eliminating significant infrastructure costs. The flat, usable land offers potential for expansion, with the possibility of acquiring additional acreage. Located just one mile from a lighted city airport and two miles from the renowned Hot Springs of Montana, this property benefits from a prime location in a charming, established town. The 1997-built structures provide a solid foundation for a variety of uses, from residential conversion to continued commercial operation. The sellers are open to exploring creative financing options or joint ventures, making this an attractive proposition for a wide range of investors. The property's zip code is 59845, and its coordinates are 47.6180173 latitude and -114.6249692 longitude, within Sanders County. This is a rare chance to acquire a substantial property with significant upside potential in a desirable Montana location.
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
- Hot Springs
- County
- Sanders
- State
- Montana
- Longitude
- -114.624
- Latitude
- 47.6184