Commercial Real Estate for Sale at 960 Mt Hwy 2 E in Cardwell, MT for $2,500,000

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960 Mt Hwy 2 E | Cardwell

$2,500,000

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. MTR 30018807

Directions to property: Take Cardwell Exit off I-90 to MT-2. The LaHood Park Steakhouse and property is a great location just minutes to the interstate, 4 miles to Lewis and Clark Caverns, 45 minutes to Bozeman and 30 minutes to Butte.

MLS Listing ID: 
MTR 30018807
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Cardwell
Address: 
960 Mt Hwy 2 E, Cardwell, MT 59759, US
County: 
Jefferson
Latitude: 
45.8532309
Longitude: 
-111.9227509
Building Details
Details about the building on a property.
Year Built: 
2022
Basement: 
None
Construction
Construction Materials: 
Board & Batten Siding, Wood Siding, Wood Frame, Drywall
Foundation Details: 
Poured
Roof: 
Composition
Exterior Features: 
Storage, See Remarks, Propane Tank - Owned, Propane Tank - Leased
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric, Forced Air, Gas, Heat Pump, Hot Water, Propane
Cooling System: 
Central Air
Water Source: 
Private
Sewer: 
Private Sewer, Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
33.79
Lot Size (Area): 
1,471,892
View: 
Meadow, Mountain(s)
Waterfront: 
1
Water Body Category: 
River
Water Body Name: 
Jefferson River
Lot Features
Parking Type: 
Additional Parking
Fence: 
Barbed Wire
Public Record
Parcel Number: 
51100012301010000
Contract Details
Details about the listing contract.
Possession: 
Close Of Escrow
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Kimberly Lowry
Listing Office Name: 
Fay Ranches