Basics
- Date added: Added 1 month ago
- Category: Commercial
- Type: Motel
- Status: Active
- Half baths: 0
- Area: 7082 sq ft
- Year built: 1948, Existing
- Zone: UNZON
- County Or Parish: Fergus
- Land Sq Ft: 0 sq ft
- DOM: 2
- MLS ID: 358051
Description
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Description:
Judith Place ADD, S11, T15N, R18 E, Block 001, Lot 001-004 The ongoing renovation project at 115 NE Main St, Lewistown MT focuses on transforming a former motel into a mixed-use property featuring retail spaces and residential efficiency apartments. Units 1 and 2 retail spaces have been fully renovated and are now occupied by tenants. Construction on unit 3 retail is actively underway and progressing as planned. Key improvements include the installation of a firewall to clearly separate retail and residential areas. A new sidewalk has been poured to improve property access, and the parking lot has had a thorough cleanup. Additionally, a new HVAC unit zoned specifically to the retail spaces has been installed. A new water main trunk line from the meter has been installed to support the building's updated utility needs. These efforts support the property's transition into a vibrant, mixed-use development serving commercial and residential tenants.
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Location
- Road Surface: Asphalt
Building Details
Amenities & Features
- Sewer: City
- Cooling: Window
- Parking Desc: Blacktop
- Heating: Gas Forced Air
Miscellaneous
- Possession: 30-60 Days
- Present Use: Apartments,Retail
- Road Frontage: 75
- Sales Includes: Building,Sign
- Showing Instructions: Broker Bay
- Subdivision: Judith Place Add
- Type of Business: Extended stay & retail
- Parcel Number: 001337
- Occupancy: Vacant
- List Office Name: Montana Real Estate Brokers
- Office Sq Ft: 0 sq ft
Fees and Taxes
- Tot Taxes: $3,246
- Gross Annual Income: $121,539
- Annual Utility Costs: $7,800