This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Sports & Entertainment Property is no longer advertised on LoopNet.com.

4020 Lake Helena Dr
Helena, MT 59602

Fox Ridge Golf Course · Sports & Entertainment Property For Sale · 9,009 SF

Investment Highlights

  • Nearly 200 acres of recreation and business.
  • Sold Turn Key or A-La-Carte
  • Golf Cart Fleet Lease to Own
  • 18 Hole Championship Golf Course AND 18 Hole Par 3 Golf Course
  • Available - Full catering, liquor, and gambling license
  • Fully equipped Kitchen, furnished dining and patio to own & operate or lease.

PROPERTY FACTS

Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class C
Lot Size 224.00 AC
Building Size 9,009 SF
No. Stories 1
Year Built/Renovated 1997/2022
Tenancy Single
Parking Ratio 16.65/1,000 SF

Amenities

  • Property Manager on Site
  • Lounge

About 4020 Lake Helena Dr , Helena, MT 59602

Currently, fully operating. Purchase turnkey or a-la-carte. Let’s think out of the box together. Three parcels are 1) Par 3 Course; 2) Regulation Course w/outbuildings and residential home; 3) Clubhouse. 2022 total rounds were at nearly 50,000/year. 2022 total gross income was over $1,000,000. 2023 year-to-date numbers are available upon request. Options: a) Clubhouse: Separate parcel number. Approximately 9,900 square feet inside + a large covered patio; houses a small pro shop, an additional office, and restrooms; fully equipped kitchen; fully furnished dining room; fully furnished patio; fully operating bar; continue operating or lease out. The estimated value is approximately $1,500,000. b) Montana Liquor and Gaming License: Individually owned and can be transferred with an approved application. Catering. Full liquor service. Gaming - currently leased are four gaming machines and two lotto ticket vending machines; the capacity is 20 gaming machines and two lotto ticket vending machines. The estimated value is $650,000-1,200,000. c) Par 3: Separate parcel number. Continue as-is or pursue county variance on development. d) Regulation Course: Parcel includes D, E, & F. Play and income are up each year for the past three years. e) Out Buildings: cart storage; maintenance shop; covered parking; mower storage; cold storage; dry storage; pump houses; restrooms. f) Residential home: Convert to a Par 3 pro-shop, combined pro-shop, virtual golf practice center, more storage, more parking, etc. g) Carts: 70-2023, gas operated; lease to own. h) Equipment: see attached inventory list valued at nearly $11,000,000. Live your legacy. Helena, Montana's #1 rated golf course. Enjoy panoramic Big Sky views while playing a round of golf. The current owners are the developers and builders of this recreational gem. Further development may be an option. Opportunity abounds.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-1889-06-1-01-01-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,174,693

zoning

Zoning Code Business/Residential (Property is primarily a Golf Course and Country Club.)
Business/Residential (Property is primarily a Golf Course and Country Club.)
  • Listing ID: 28462835

  • Date on Market: 5/11/2023

  • Last Updated:

  • Address: 4020 Lake Helena Dr, Helena, MT 59602

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}