Inactive - Ryan Thompson - Coldwell Banker Distinctive Properties Logo
$1,580,000
( $351.89Per Sq Foot )
 $8,482 est/mo Sourced by Back At You

540 Main Street,Melrose, MT 59743

Melrose, MT 59743

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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.

Details

MLS #412759
Listing TypeFor Sale
StyleBuilding
Sub-TypeResale
StatusActive
Year1962
Days On Site53
Listing Provided ByEndState Commercial | Dylan Harrington

Features

SQ Feet4,490
ZoningNone/Unknown
Acreage5.37

Parking

Parking FeaturesCommon, Gravel

Taxes

Tax Annual Amount10111

Area Information

StateMT
CountySilver Bow
CityMelrose
Zip Code59743
AreaButte and Surrounding Areas
Subarea10OB Other Butte | Silver Bow Areas
Listing VS Median (in 59743)
Price:
$1,580,000
low | high
Med:
$50,000
100% of Average
sqft:
4,490
low | high
Med:
2,025
100% of Average
$ / sqft:
$352
low | high
Med:
$25
100% of Average
On site:
53
low | high
Med:
114
46.491228070175% of Average
Sourced by Back At You

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Additional Information

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All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

Contact

Learn More About This Property

Ryan Thompson

Ryan Thompson

Coldwell Banker Distinctive Prop

RRE-RBS-LIC-81435 (406) 600-6530ryanmontanarealty@gmail.com
StateMT
CountySilver Bow
CityMelrose
Zip Code59743
AreaButte and Surrounding Areas
Subarea10OB Other Butte | Silver Bow Areas
Listing VS Median (in 59743)
Price:
$1,580,000
low | high
Med:
$50,000
100% of Average
sqft:
4,490
low | high
Med:
2,025
100% of Average
$ / sqft:
$352
low | high
Med:
$25
100% of Average
On site:
53
low | high
Med:
114
46.491228070175% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.185M - $1.975M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
540 Main Street Property Photo 1
$1,580,000
540 Main Street
Melrose, MT 59743
Listing Updated: July 10, 2026 at 1:23:53 PM PDT

Inactive - Ryan Thompson - Coldwell Banker Distinctive Properties