Great investment! On the banks of the Madison River- Fully leased & current long term tenant uses as a wedding venue. Easy mailbox money at a 5% cap rate in an exploding real estate market. Endless future possibilities! Family home, vacation escape, high end hunting camp for friends, or even a commercial endeavor? No covenants, so it's your choice. What could be better than enjoying Montana with 325 ft. Madison River frontage & stunning mountain views? What if your 3.5 acres commercial property was grand-fathered in to allow several cabins/guest houses, RV's, or condos? Log lodge is 4,000 sq ft with expansive 2,000 sq ft main floor, vaulted timbers & grand staircase. Previously accommodated RV glamping with laundry facility & bathrooms. Caretaker's cabin on property allows for easy on-site management. Destination area is famous for world class fly fishing, hunting, snowmobiling, lakes & skiing. Coveted location is 1/2 hour from the natural wonders of Yellowstone Park.
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|2/21/2023 8:50:00 PM||New Value: $2,950,000|