Basics
- Date added: Added 4 months ago
- Category: Commercial
- Type: Business Opportunities
- Status: Active
- Half baths: 0
- Area: 6900 sq ft
- Year built: 1911, Historical
- Zone: Other
- County Or Parish: Stillwater
- DOM: 11
- MLS ID: 348388
Description
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Description:
AB ORGNL TWNST, S01, T04 S, R18 E, BLOCK 5, FRL LOTS3,4,5,6,7 COS 167111/ S01, T04 S, R18 E, BLOCK 5, S 16.5' OF E 124' LT 4 & N 8.5' OF E 124' LT 5 Step into history with the 1911 Absorakee Hotel, known as the Jay Apartments since the 1950s. This substantial brick building is located just 100 feet from the town's main intersection.
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With a history of near 100% occupancy, this 11 unit property boasts centrally metered electrical service per unit & radiant heat. The basement offers laundry facilities, mechanical rooms & potential storage units, (second-floor units are arranged hotel-style). Conversion possibilities include: upscale B&B, small hotel, condo, commercial office space.
Consisting of 2 tracts, the northern plot is buildable (currently serving as green space).
Absarokee is the gateway to the recreational Stillwater Valley & Tippit Rise cultural center. Just 30 miles away, Red Lodge boasts ski resorts & dining, while I-90 & the Yellowstone River sit 19 miles north. Billings/Bozeman offer convenient air connections.
Location
- Road Surface: Asphalt
Building Details
Amenities & Features
- Sewer: City
- Cooling: None
- Parking Desc: Street
- Heating: Hot Water
Miscellaneous
- Restrictions: None
- Virtual Tour Link: https://youtu.be/j4DXSy7zNQc
- Possession: At Closing
- Present Use: Apartments,Residence
- Road Frontage: 50
- Sales Includes: Building,Land
- Subdivision: None
- Type of Business: Apartments
- Parcel Number: 200293
- Occupancy: Multiple
- List Office Name: Berkshire Hathaway HS Floberg
- Insurance: $7,566
- Office Sq Ft: 200 sq ft
Fees and Taxes
- Tot Taxes: $2,256
- Gross Annual Income: 0