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5012 Highway 89 S

13,514 SF 100% Leased Retail Building Monarch, MT 59463 $1,279,000 ($94.64/SF)

INVESTMENT HIGHLIGHTS

  • Business goes with building

EXECUTIVE SUMMARY

The Cougar Canyon Lodge has served as a prominent travel destination for both locals in Montana and visitors from afar for numerous decades. Positioned midway between Yellowstone and Glacier National Parks, this renowned establishment stands as a cherished rest stop and iconic landmark. Offering a tranquil setting amid picturesque Little Belt Mountains, the lodge features a popular restaurant known for its exceptional dining experience and delectable cuisine. Live musical performances can be enjoyed both indoors on stage and outdoors during the sunnier seasons. Accommodation at the lodge includes 14 well-appointed rooms, an indoor heated pool, a hot tub, and fitness facilities. Guests can unwind in the game room equipped with billiards, darts, arcade games, board games, and casino games, fostering moments of laughter and camaraderie. The property also boasts a convenience store and gas pump, with a scenic view overlooking the enchanting Monarch Tri Canyon area. Ideal for travelers returning from a day of skiing or snowmobiling near Showdown Ski Area, the lodge serves as a perfect base camp for exploring the diverse recreational offerings in the vicinity. The region is renowned for its exceptional elk and turkey hunting, as well as abundant wildlife like bears, mountain lions, deer, and eagles. Additionally, Belt Creek offers prime opportunities for blue-ribbon trout fishing right at the lodge's doorstep. With a plethora of scenic backroads and stunning landscapes, the area promises a memorable experience year-round.

ATTACHMENTS

Flyer

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,514 SF
Building Class
C
Year Built
1993
Price
$1,279,000
Price Per SF
$94.64
Percent Leased
100%
Building Height
1 Story
Building FAR
0.21
Lot Size
1.47 AC
Parking
17 Spaces (1.26 Spaces per 1,000 SF Leased)
Frontage
470’ on Hwy 89 S

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-2563-33-4-03-30-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$724,700
  • Listing ID: 31600587

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 5012 Highway 89 S, Monarch, MT 59463

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