Investment Property for Sale at 808 Mineral Avenue in Libby, MT for $3,500,000

Listing data last changed 11/26/2024
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808 Mineral Avenue | Libby

$3,500,000

Discover an incredible opportunity to own a beautifully remodeled 17-room motel, proudly rated #1 in town! This thriving property is perfectly situated in the heart of downtown, and has a stellar reputation. The Evergreen boasts a strong customer base and excellent online reviews. The property features well-maintained gardens enhancing its curb appeal and creating a relaxing environment for guests. Located within walking distance to major amenities, including restaurants, shops, and entertainment, ensuring a steady flow of guests. With a robust reputation and prime location, this is an incredible investment opportunity. The Evergreen is not just a place to stay—it's a thriving business with excellent growth potential. The cap rate is 7%. There is an additional opportunity; the option to buy the house next door which is perfect for an owner-occupied residence or staff accommodation. Please inquire for more details. Contact Ashley Miner at 406-293-0951 or your real estate professional. MTR 30034578

Directions to property: Head southeast on W 9th St toward California Ave 387 ft Turn left after Subway (on the left) 135 ft Turn left 49 ft

MLS Listing ID: 
MTR 30034578
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$3,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Libby
Address: 
808 Mineral Avenue, Libby, MT 59923, US
County: 
Lincoln
Latitude: 
48.3885042
Longitude: 
-115.5546674
Building Details
Details about the building on a property.
Architectural Style: 
Other
Year Built: 
1938
New Construction: 
0
Basement: 
Crawl Space, Unfinished
Construction
Foundation Details: 
Poured, Basement
Exterior Features: 
Breezeway
DisabilityFeatures: 
Grab Bars
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard, Electric, Wall Furnace
Cooling System: 
Wall Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.43
Lot Size (Area): 
18,731
View: 
City
Waterfront: 
0
Lot Features
Garage: 
0
Public Record
Parcel Number: 
56417503324020000
Contract Details
Details about the listing contract.
Possession: 
Close Of Escrow
Disclosures: 
Disclosure on File, Seller Disclosure
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Ashley Miner
Listing Office Name: 
CENTURY 21 Summit Realty