Rare opportunity to lease and operate a heated equestrian arena with 16 stalls attached on approximately 5 acres in Eureka, Montana, offering significant potential for a variety of horse, rodeo, entertainment, and community events. This versatile property is well suited for rodeos, barrel racing, team roping, clinics, horse shows, riding events, practices, competitions, and other year-round gatherings. The heated arena provides the ability to host events throughout Montana's colder months and includes a mechanical bull, creating additional opportunities for entertainment, special events, parties, and competitions. The property is also attached to an established casino and liquor store, providing a unique opportunity to create a destination that combines equestrian events with entertainment. Ownership is open to flexible lease structures and is particularly interested in a master lease arrangement or an experienced operator/manager who can take advantage of the property's potential, develop a strong event schedule, bring in rodeos and other equestrian events, and grow the arena into a regional entertainment venue. Whether utilized as an equestrian facility, rodeo and event center, training arena, or multi-purpose entertainment venue, this property offers a unique opportunity in the Eureka market. Bring your ideas and vision-ownership is willing to discuss creative lease and management options with the right operator.