Basics
- Date added: Added 1 month 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: 5
- MLS ID: 351987
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. 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.
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Location
- Road Surface: Asphalt
Building Details
Amenities & Features
- Sewer: City
- Cooling: None
- Parking Desc: Street
- Heating: Electric,Gas Hot Water,Other
Miscellaneous
- Restrictions: See Deed
- Virtual Tour Link: https://www.propertypanorama.com/instaview/bmt/351987
- Possession: At Closing
- Present Use: Apartments
- Road Frontage: 0
- Sales Includes: Building
- Showing Instructions: Appointment Needed,24 Hour
- Subdivision: Campbell First Addition
- Type of Business: Apartment Rental
- 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: $1,740
- Gross Annual Income: 0
- Annual Utility Costs: $3,672