Basics
- Date added: Added 4 months ago
- Category: Commercial
- Type: Business Opportunities
- Status: Active
- Half baths: 0
- Area: 7100 sq ft
- Year built: 1909, Existing
- Zone: Other
- County Or Parish: Stillwater
- Land Sq Ft: 7840 sq ft
- DOM: 43
- MLS ID: 347553
Description
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Description:
CAMPBELL FIRST ADDITION (REED POINT), S32, T01 S, R18 E, BLOCK 3, S 80'LTS 1-4 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. This partially renovated building has remodeled bathrooms, hot water heat, solar panels, metal roof, some electric and plumbing upgrades, and 5 rooms upstairs which are currently 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 excellent trout fishing, bird watching, picnicking, swimming or rafting at the Indian Fort Fishing Access. Yellowstone National Park is 1 1/2 hours away through the entrance at Gardiner, Montana.
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Location
- Road Surface: Asphalt
Building Details
Amenities & Features
- Sewer: City
- Cooling: None
- Parking Desc: Street
- Heating: Gas Hot Water
Miscellaneous
- Restrictions: See Deed
- Virtual Tour Link: https://www.propertypanorama.com/instaview/bmt/347553
- Possession: At Closing
- Present Use: Other
- Road Frontage: 0
- Sales Includes: Building
- Showing Instructions: Appointment Needed
- Subdivision: Campbell First Addition
- Parcel Number: 0000040019
- Occupancy: Tenant
- List Office Name: Parks Real Estate
- Insurance: $4,566
- Office Sq Ft: 0 sq ft
Fees and Taxes
- Tot Taxes: $2,750
- Gross Annual Income: $56,400
- Annual Utility Costs: $3,672