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Tracy Weathers

tracy.weathers@engelvoelkers.com +1(406) 570-9095

$ 1,700,000

Est. payment -/mo

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Active

540 Main ST Melrose, MT 59743

4,490 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 4,490 sqft

Price per Sqft $378

MLS Listing ID 408778

Year Built 1962

Annual Tax Amount $10,111

Tax Year 2025

Lot Size 5.366 Acres

Acres 5.366

Property Sub-Type Building

Property Description

540 Main Street presents a rare opportunity to acquire an established hospitality/RV property in Melrose, Montana, located along the iconic Big Hole River corridor. The Sportsman Lodge includes (8) eight lodge rooms, two (2) onsite rental cabins, management of nine (9) offsite rental cabins, seventeen (17) full-service RV sites, and nine (9) dry camping spaces, creating a well-balanced hospitality footprint that serves anglers, hunters, and outdoor travelers visiting the Big Hole Valley. The property also includes an on-site residence, offering an owner-operator the ability to live on-site or provide additional housing flexibility. Situated just off Interstate 15, the location provides convenient year-round access while maintaining a destination-oriented, rural Montana setting. The Sportsman Lodge operates as a well-established hospitality business supported by multiple complementary revenue streams. In addition to lodging and RV accommodations, the business generates income from on-site coin-operated laundry, merchandise sales, and UTV rentals, adding diversity beyond nightly stays. The current owner has also implemented an upgraded check-in system that allows for no-contact reservations, improving operational efficiency and guest convenience. With limited competing inventory in the immediate area and steady demand driven by outdoor recreation and regional travel, the business and real estate together present a compelling investment opportunity in one of Southwest Montana's most established recreational corridors.

Location

State MT

County Silver Bow

Area Butte And Surrounding Areas

Direction Take exit 93 west into Melrose. Drive North on Main Street for ±.4 miles. Sportsman Lodge is on the right.

Interior

Fireplace No

Exterior

Parking Features Common, Gravel

Utilities Available Sewer Available, Water Available

Water Access Desc Well

Building

Sewer Public Sewer

Water Well

Others

Tax ID 0001771800, 0001771820

Ownership Full

Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, 3rd Party Financing

Special Listing Condition None

Listed by EndState Commercial

NEARBY SCHOOLS & PROPERTIES

Tracy Weathers

Advisor | License ID: 62644

+1(406) 570-9095

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