Recreational Tract With Established Restaurant Business

Description

This is a unique and rare opportunity to own a large recreational property in the Black Hills that features excellent hunting, landowner elk tags, and great access to thousands of acres of public land. Combine that with the added value of an established turn-key bar & restaurant business, a large heated shop, and a nice home and bunkhouse, and you can easily see that this is the type of property that only becomes available to the public once in a generation.

The land itself is a wonderful balance of mature timber, open meadows, planted fields, and winding draws. The timber is primarily a mix of ponderosa pine, spruce, and aspen and has been keenly managed for age class diversity, reduction of wildfire fuels, and overall habitat improvement. This tract has good water, featuring a developed spring and multiple stock dams. Elk, deer, turkeys, and predators all regularly use the ranch, and have been harvested on the property. This tract currently qualifies for 2 landowner elk licenses, which are good unit-wide for WY elk unit 117.

Built with locally sourced materials and in business for nearly 10 years, the restaurant has an established track record for good food and gets excellent reviews from a loyal customer base. The restaurant features a 2,400 square foot dining room and offers a well-equipped commercial kitchen complete with both a walk-in cooler and freezer. The business also features a full retail liquor license and has a beautifully built bar where patrons can relax and have a drink or buy package liquor to go.

The main house is approximately 2,500 square feet, has 3 bedrooms, 2 baths, and has in-floor heat for outstanding efficiency. Shop space is phenomenal with the main shop measuring 40’x 60’ with 14’ walls. It’s fully insulated and features an office, restroom, large hoist, and in-floor heat. Additional shop space measures 30’ x 100’ with 10’ walls and is spray foam insulated with partial concrete floors and a partial gravel floor. A 3 bedroom, 2 bath bunkhouse also resides on the property, and with a little TLC, it could possibly be used for additional rental income.

Large hunting and recreational tracts are hard to come by in the Black Hills, and when you combine that with the added value of an established business it’s easy to see why this property is very unique and rare to the market. Please call if I can help answer any questions, or to schedule a private showing at your convenience.

Property Details

  • Great hunting
  • Landowner elk tags
  • Turnkey business
  • Full retail liquor license
  • Large shop
  • Nice home
  • Access to ATV/ snowmobile trails
  • Mature timber
  • Tillable fields
  • Pond dams
  • Bunkhouse
  • County road access
  • Newcastle, WY about 22 miles away
  • About 45 miles to Deadwood, SD
  • About 32 miles to Interstate 90
  • About 90 miles to Gillette, WY

241 Malo Rd, Lot#WP001
Newcastle, Wyoming 82701
Two hunters shaking hands outside

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