1223 Broadway Avenue S
Red Lodge, MT 59068

ACTIVE
$4,500,000

Listing Courtesy of Chris Awe, PureWest Christie's Int'l Real Estate - Belgrade

Listing #395247

22926

Square Feet

Building/Business

Type

About this property

Offered at roughly 10% CAP. Very profitable, and fantastic opportunity to own one of the, if not the most highly consumer rated hotels in Red Lodge, MT. Situated on +/- 2.42 acres on Broadway Ave S (aka Beartooth Highway), this +/- 20,000 sqft hotel (49 keys), and Hideaway Cabins present a very unique opportunity. The fully remodeled hotel is complete with an indoor swimming pool & spa, fitness center, and great visibility and proximity to downtown Red Lodge. The 4 Hideaway cabins sit amongst the trees, and on a siteplan that was drawn to accommodate 16 cabins in total. Beyond the further development of the Cabin sites, additional acreage could made available.. Maybe RV park, or future expansion (contact agent for details). As a gateway to Yellowstone Park, and Beartooth Highway, Red Lodge, MT is a high tourism location. Inquire with Agent for financials and more details. This is a very productive hospitality asset, that has undergone substantial renovation & upgrades, and does possess great upside for expanded growth and operations. This is an active business, please direct all inquiries to agent.

property features

Location Information

MLS Area

Other Montana Counties

Subdivision

Longitude

-109.251395

Latitude

45.173726

Directions

Located right on Broadway!

INTERIOR FEATURES

Interior

Square Feet

22926

Bedrooms

Full / Half Baths

/ 0

Heating

Half Baths

0

Cooling

Floors

Laundry

Basement Description

Exterior FEATURES

Style

Stories

0

View Description

Exterior

Parking Description

Assigned

Garage Spaces

0

Lot Size in Acres

2

Water

Zoning

C3 - Central Commercial

Patio / Deck Description

Fencing

ADDITIONAL INFORMATION

Year Built

1989

Roof/Attic

Property SubType

Building/Business

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2024-10-21 20:01:11 PM MT

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