960 Mt Hwy 2 E

Cardwell, MT 59759

About this property

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. Newly constructed residence, a large workshop space and RV pad with hookups 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.

About this property

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. Newly constructed residence, a large workshop space and RV pad with hookups 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.

Features and Additional Information

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$2,750,000 Active
3,000 SqFt

Presented By Coldwell Banker Distinctive Properties Durango

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Get in touch today! Phone: 1-970-259-3333
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Fay Ranches
1-406-586-4001

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Listed By Kimberly Lowry
Brokerage: Fay Ranches

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