Reed Point, MT 59069,201 North Division St.
Reed Point, MT 59069,201 North Division St.
Reed Point, MT 59069,201 North Division St.
Reed Point, MT 59069,201 North Division St.
Reed Point, MT 59069,201 North Division St.
Reed Point, MT 59069,201 North Division St.
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Listed by Jennifer France Parks Real Estate
$ 475,000
Est. payment | /mo

7,100 SqFt


$ 475,000
Est. payment | /mo

7,100 SqFt

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

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+1(406) 702-3949

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80 25th St W, Billings, MT, 59102, USA

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201 North Division St.