1223 Broadway AveRed Lodge, MT 59068

This exceptional hospitality asset, the Beartooth Hideaway Inn and Cabins, is offered at $4,500,000. Boasting approximately 20,000 square feet, this well-established hotel features 54 keys and is situated on a 2.42-acre lot in Red Lodge, Montana, at 1223 Broadway Ave S. Built in 1989 and extensively renovated in 2022 and 2023, the property includes an indoor swimming pool and spa, and a fitness center. Its prime location on Broadway Avenue (Beartooth Highway) offers excellent visibility and proximity to downtown Red Lodge, a high-tourism area serving as a gateway to Yellowstone National Park and the Beartooth Highway. The property also includes four existing Hideaway Cabins, with a site plan allowing for expansion up to sixteen cabins. Further development opportunities may exist, potentially including an RV park or additional hotel expansion. This highly-rated hotel presents a unique opportunity for significant return on investment. Financial details are available upon request. This is an active business.