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1223 Broadway Avenue S

Red Lodge, MT 59068
  • $4,500,000
  • STATUS: Active
  • ON SITE: 148 Days
  • MLS #: 395247
UPDATED: 176 min ago
$4,500,000
  • 0
    BEDS
  • 2.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 22,926
    SQFT
  • $196
    $/SQFT
Type:
Commercial
Built:
1989
County:

School Ratings & Info

Description

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.

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© 2025 Big Sky Country MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Montana Life Real Estate. Data last updated: 2025-01-21T23:52:10.977.
www.montanalifere.com/homes/154139507
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1223 Broadway Avenue S Red Lodge, MT 59068

  • Price: $4,500,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 176 min ago
  • MLS #: 395247
0
Beds
0
Baths
0
½ Baths
2.42
Acres
22,926
SQFT
$196
$/SQFT
1989
Built
Neighborhood:
12M - Other Montana Counties
County:
Carbon
Area:
12M - Other Montana Counties
Property Description
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.
Exterior Features

Other Parking 26 Or More Parking Features Assigned Road Frontage Type

Interior Features

Above Grade Finished Area 0 Building Area Total 22926

Property Features

Additional Parcels Description 1084601010849010 Listing Terms Cash3rd Party Financing Ownership Full Possession Negotiable Possible Use Retail Property Sub Type Building / Business Special Listing Conditions None Tax Annual Amount 20685.02 Tax Year 2023 Zoning C-3- S Zoning Description C3 - Central Commercial

Listing courtesy of Chris Awe of PureWest Christie's Int'l Real Estate - Belgrade: (406) 579-1758. © 2025 Big Sky Country MLS. All rights reserved.


© 2025 Big Sky Country MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Montana Life Real Estate. Data last updated: 2025-01-21T23:52:10.977.
 
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