Description
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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0BEDS
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3.45ACRES
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0BATHS
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01/2 BATHS
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4,000SQFT
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$738$/SQFT
School Ratings & Info
Description
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.
© 2023 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carr Montana Real Estate | Keller Williams. Data last updated: 2023-03-30T06:51:56.9.