Seize a rare chance to own the charming Mountain View Motel & RV Park in beautiful Lima, MT. This retro-style, rustic Montana property is surrounded by endless recreational opportunities. It spans 4.49 acres at the base of the stunning Lima Peaks, along the historical Continental Divide Trail, and offers incredible income growth potential on multiple levels. The motel has 18 cozy rooms, including four with full kitchens, perfect for longer stays, and can accommodate up to 72 guests. The RV park features 20 spacious pull-through sites, with 16 full-service, one water/electricity, and three dry sites, plus a handy coin-op laundry facility. Travelers with horses will appreciate the option to turn them out during their stay in the two large corrals. Also, the owner’s/manager's residence provides a convenient and comfortable ±2,800 sq ft living space. Additional property amenities include a large detached garage, three storage sheds, an authentic tepee, and a large firepit area for guests to enjoy. Nestled in a prime spot for blue ribbon fishing, open district elk hunting, and unlimited year-round activities, Lima attracts more than 400,000 visitors annually. With over 20 years of reliable income and a loyal, returning customer base, this business is a proven success. As a bonus, the rising popularity of motorcoach travel offers exciting growth potential for this long-standing property. Don’t miss out on this fantastic investment in a beloved community. Property being sold "As Is". Call me today to schedule a showing!
Quaint restaurant/cabins/ personal residence for Sale in Lima, MT. Lots of opportunity to work and play in Montana. Homestead Cafe & Cabins is a full service restaurant, coffee shop, with a full liquor license. Located in an agricultural community, conveniently located right of of 1-15 between Idaho Falls and Dillon. A 3250 sq.ft. restaurant with a sit down bar, dining room, prep area, kitchen, bathrooms, retail area, walk in coolers, office and storage area. An unfinished basement stores the water heaters plus heating system. 1140 sq.ft. cabins which three are rented as short term rentals, another one can be finished to add to your income. The residence is 2554 sq.ft. home, which includes three bedroom, two baths, good sized living/dining area and a new wood fireplace has been installed recently. A two car detached garage and other outbuildings for storage give you plenty of room. The area is well known for the recreational amenities that Beaverhead County has to offer. Big game hunting, fishing, hiking, snowmobiling, and bike riding are just a few. Over the hill is the beautiful Centennial Valley, Red Rock Bird Refuge, and country road to Island Park area. Built in 1930 this restaurant has been a stop for many travelers. It is well known for their fresh homemade meals that attract the locals plus the many travelers that stop on its way through this area Small town business that is rich in tradition. Parking available around the building. A list of equipment will be provided to a preapproved buyer. Serious inquiries only, contact broker for any information. Also a confidential non-disclosure agreement must be signed before any information is provided.
Looking for a real Montana opportunity? Look no further, nestled in Montana’s majestic Centennial Valley, the historic Elk Lake Resort is a one-of-a-kind property. Surrounded by public land and a neighboring 50,000+ acre untamed wildlife refuge, Elk Lake Resort is a year-round business that provides guests unrivaled access to Montana’s beauty. Located in the Beaverhead-Deer Lodge National Forest, Elk Lake is in a chain of lakes that enjoy unrivaled starry night skies, renowned fishing and an abundance of wildlife from the Greater Yellowstone Ecosystem. Elk Lake Resort is the only commercial lodging/bar/restaurant in the area that operates under a special use permit by the National Forest Service. Generations of families come back each year to create memories in front of the crackling campfire, to savor a delicious meal, and to enjoy high-quality accommodations. In addition to the historic 5,000 square foot main lodge, this property includes eight cozy guest cabins, a cold storage building, a shop space, a barn, boat shed, and docks
The median home value in Lima, MT is $232,800. This is lower than the county median home value of $339,000. The national median home value is $338,100. The average price of homes sold in Lima, MT is $232,800. Approximately 67.5% of Lima homes are owned, compared to 6.25% rented, while 26.25% are vacant. Lima real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lima real estate agent to arrange a tour today!
Lima, Montana has a population of 224. Lima is less family-centric than the surrounding county with 12.73% of the households containing married families with children. The county average for households married with children is 33.12%.
The median household income in Lima, Montana is $46,364. The median household income for the surrounding county is $51,048 compared to the national median of $69,021. The median age of people living in Lima is 52.4 years.
The average high temperature in July is 80 degrees, with an average low temperature in January of 6.4 degrees. The average rainfall is approximately 11.8 inches per year, with 54.9 inches of snow per year.