202 & 301 W Main ST Active Save Request In-Person Tour Request Virtual Tour
White Sulphur Springs,MT 59645
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
Square Footage 31,934 sqft
Price per Sqft $588
MLS Listing ID 30024095
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1959
Annual Tax Amount $19,340
Tax Year 2023
Lot Size 1.823 Acres
Acres 1.823
Property Description
The Spa Motel and Hot Springs is nestled in the serene setting of the town of White Sulphur Springs, Montana, and offers a rejuvenating retreat for guests seeking relaxation and wellness. The current owners have taken the last 36 years to bring the famous hot springs to it's current standing; and are now ready to hand it off to it’s next visionary owner. With the hot springs’ rich history dating back centuries, The Hot Springs has been a cherished destination for travelers seeking the therapeutic benefits of natural hot springs. For hundreds of years many of the Native American Tribes used these natural springs for healing their sick.
This opportunity produces a fantastic income and all financials are available with a signed NDA. This is truly a money maker! 7.9% CAP Rate, 53 total keys, 3 pools (recently re-lined), new locker room facilities, and hundreds more updates. The business side of the transaction is being handled by attorney Joseph Passamani of Passamani and Letang.
Location
State MT
County Meagher
Community Pool
Zoning Hospitality
Interior
Heating Geothermal,Heat Pump,Zoned
Cooling Window Unit(s)
Fireplace No
Exterior
Garage RV Access/Parking,See Remarks
Pool Community
Community Features Pool
Waterfront Yes
Waterfront Description Stream,Waterfront
View Y/N Yes
Water Access Desc Community/Coop,See Remarks
View City,Meadow,Mountain(s),Residential,Valley,Trees/Woods
Present Use Hotel/Motel,Recreational,See Remarks
Parking Type RV Access/Parking,See Remarks
Building
Dwelling Type Cabin,Hotel/Motel
Foundation Poured
Sewer Public Sewer
Water Community/Coop,See Remarks
Construction Status Updated/Remodeled
Others
Tax ID 47179918257300000
Security Features Security System
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard