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$ 2,750,000
Est. payment /mo
Active
960 Mt Highway 2 W Cardwell, MT 59759
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building/ Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $916
MLS Listing ID 391247
Year Built 2022
Annual Tax Amount $11,487
Tax Year 2023
Lot Size 33.790 Acres
Acres 33.79
Property Sub-Type Building/ Business
Property Description
Located along the banks of the Jefferson River, the famed LaHood Park Steakhouse opened in 1950 and earned a reputation for the gourmet cuisine served to locals and travelers alike. A new facility was recently constructed opening in January 2023 following a fire in the old building in 2021. The restaurant serves certified angus beef along with other chef favorites to a nearly packed house almost every night. Large windows allow diners to enjoy beautiful views of the Jefferson River and surrounding mountains. Plus a deck for lovely outdoor seating is a summertime favorite. The property features extensive river frontage and almost 34 acres where a new owner may wish to add other amenities such as cabins for lodging or RV hookups for additional income opportunities as anglers, hunters and travelers visit the area to take advantage of the variety of recreational opportunities. An RV pad with hookups and large insulated and heated shop with full bath round out the offering. This unique offering is ideal for an investment minded buyer looking for a business opportunity with strong established income and creativity to take advantage of the location and potential to add other ventures to the site. With the riverfront location, abundance of public land nearby, Lewis and Clark Caverns minutes away and along the Norris route to Yellowstone, the Lahood Park property is one that offers a lot of potential for expanded income opportunities.
Location
State MT
County Jefferson
Area Greater Three Forks
Direction Take Cardwell exit off of I-90 to MT 2. The LaHood Park Steakhouse and property is just a few minutes off of the interstate.
Interior
Heating Forced Air, Gas, Heat Pump, Propane
Fireplace No
Exterior
Parking Features Gravel
Utilities Available Electricity Available
Others
Tax ID 000000A484
Ownership Full
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Listed by Fay Ranches