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28176580
28176581

202 and 301 W Main Street, White Sulphur Springs, MT 59645 For Sale

KL
RRE-RBS-LIC-88527
Corder and Associates LLC
Listed by Corder and Associates LLC
$15,500,000
257 days on market
Updated 5 days ago
Opportunity zone

202 and 301 W Main Street

Details
APN 47179918257300000
Property Type Mixed Use, Hospitality (+2)
Sub Type Hotel, Warehouse (+3)
Square Footage 31,934
Units 53
Cap Rate 8.90%
Occupancy 65%
Year Built 1959
Acreage 1.820
Zoning Commercial

Turn-Key Business

Marketing description

Nestled in White Sulphur Springs, Montana, Spa Hot Springs Motel & Tenderfoot Cabins is a premier hospitality and wellness destination with over a century of history. Featuring 41 remodeled rooms, 12 private cabins, and three mineral-fed soaking pools, the property delivers year-round revenue with loyal clientele. Its historic mineral waters, authentic Montana charm, and proximity to skiing, hiking, and outdoor recreation create a unique, high-margin investment. Opportunities include spa services, wellness retreats, lodging expansion, premium packages, and membership programs, offering investors both stable income and significant growth potential. The property is ideally situated within a scenic mountain valley, serving as a gateway to year-round outdoor recreation, including skiing and snowboarding at nearby Showdown Mountain, cross-country trails at Silver Crest, and summer activities such as hiking, fishing, kayaking, and mountain biking. This consistent influx of visitors supports steady occupancy and mitigates seasonal volatility common to rural hospitality assets. Spa Hot Springs features three mineral-fed soaking pools, two outdoors and one indoors, maintained between 100–105°F. The chemical-free waters are drained nightly, ensuring a pure and restorative experience. Complementing the pools are 41 motel rooms and 12 Tenderfoot Cabins, each combining rustic Montana character with modern amenities. Pet-friendly policies, remodeled interiors, and attentive service foster a loyal and repeat clientele, supporting stable, year-round operations. From an investment perspective, the property offers a strong income foundation with significant upside potential. Opportunities include the addition of curated spa services, wellness retreats, yoga weekends, and corporate getaway packages. The property’s layout and downtown location also allow for lodging expansion, premium package offerings, and membership-based revenue models. Bundling accommodations with soaking access, spa treatments, and guided outdoor experiences can capture higher-spending travelers seeking authenticity and wellness-focused escapes. Spa Hot Springs also benefits from a compelling narrative: its mineral waters have been valued for centuries, with origins dating back to Indigenous use and commercial development in the 19th century. This heritage, combined with careful stewardship and modern operations, positions the property as a genuine, high-end wellness destination in a competitive market. In summary, Spa Hot Springs Motel & Tenderfoot Cabins represent an exceptional acquisition for investors seeking a high-margin, year-round hospitality asset rooted in natural wellness and Montana heritage. With proven operational stability, authentic branding, and multiple avenues for growth, this one-of-a-kind property is poised to evolve into a premier destination resort where history, healing, and modern comfort converge.
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Listing Contacts

KL
RRE-RBS-LIC-88527
Corder and Associates LLC
Listed by Corder and Associates LLC

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