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.
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
(Data provided by Gallatin-BigSky-BSC data)
MLS® # 403943
MLS® # 404382
MLS® # 402823