DECO REALTY
201 North Division St. Active Save Request In-Person Tour Request Virtual Tour
Reed Point,MT 59069
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 7,100 sqft
Price per Sqft $66
Subdivision Campbell First Addition
MLS Listing ID 351987
Construction Status Resale
HOA Y/N No
Year Built 1909
Annual Tax Amount $1,740
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Business
Property Description
The historic hotel Montana built in 1909 has been a longtime focal point in Reed Point, located on the Yellowstone trail and home of the Great Montana Sheep Drive. The two story brick building began as Walker's Store, a mercantile business and in 1997 it was converted into the Hotel Montana. Upgrades include new metal roof, remodeled bathrooms in main lobby and all 5 bedrooms plus a newly renovated 3 bed/1 bath upstairs apt. Other amenities include hot water heat, 10 solar panels, some electric and plumbing upgrades. All 5 rooms plus the apt. rented for monthly income. A great investment property with so much potential to finish as a restaurant, turn back into a hotel, Airbnb-Wedding Venue or your own private residence. 5 minutes from the Yellowstone River providing fishing, picnicking or rafting. Yellowstone National Park is 1 1/2 hours away through the entrance at Gardiner, Montana. Also listed as MLS 352000.
Location
State MT
County Stillwater
Area (12) Columbus;Absarokee;Nye;Big Timber;Reed Point
Zoning Other
Interior
Heating Electric,Gas,Hot Water,Other
Cooling None
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Well
Roof Type Metal
Present Use Multi-Family
Building
Dwelling Type Other
Entry Level Two
Sewer Public Sewer
Water Well
Level or Stories Two
Construction Status Resale
Others
Tax ID 0000040019
Acceptable Financing Cash,New Loan
Listing Terms Cash,New Loan
Virtual Tour https://www.propertypanorama.com/instaview/bmt/351987