info@jhrealestate.com
406.932.5000

201 North Division St.
Reed Point, MT 59069

$475,000.00

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MLS® #: 351987

Commercial

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.

7100 SQFT

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Features

Zip: 59069

SQFT: 7100

Property Type: Commercial

Lot Size: 0.1800

Levels: 2

Office Name: Parks Real Estate

Year Built: 1909

Subdivision: Campbell First Addition

Area: (12) Columbus;Absarokee;Nye;Big Timber;Reed Point

Status: Contingency