Fantastic opportunity to own one of the, if not the most highly consumer rated hotels in Red Lodge, MT. Situated on 3 individual parcels, totaling almost 4-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 accomadate 16 cabins in total. The additional acreage is up the imagination of the next owner.. Maybe RV park, sell separately, or future development and expansion. 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 hotel, as well possessing great upside for expanded growth and operations. This is an active business, please direct all inquiries to agent.
MLS# | 395247 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1989 |
Days On Site | 50 |
Listing Provided By | PureWest Christie's Int'l Real Estate - Belgrade | Chris Awe |
SQ Feet | 22,926 |
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Zoning | C-3-S |
State | MT |
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County | Carbon |
City | Red Lodge |
Zip Code | 59068 |
Area | Other Counties | State |
Subarea | 12M Other Montana Counties |
Listing VS Median (in 59068) | |
Price: $5,000,000 low | high Med: $599,000 SqFt: 22,926 low | high Med: 1,648 $ / SqFt: $218 low | high Med: $363 On Site: 50 low | high Med: 74.000000 |