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Libby,MT 59923
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
Square Footage 6,498 sqft
Price per Sqft $538
MLS Listing ID 30034323
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1938
Annual Tax Amount $8,558
Tax Year 2024
Lot Size 0.430 Acres
Acres 0.43
Property Description
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.
Location
State MT
County Lincoln
Rooms
Basement Crawl Space,Unfinished
Interior
Interior Features Breakfast Bar,High Speed Internet
Heating Baseboard,Electric,Wall Furnace
Cooling Wall Unit(s)
Flooring Vinyl,Wood
Fireplace No
Exterior
Parking Features Additional Parking
Fence Back Yard
Utilities Available Cable Available,Electricity Available,Electricity Connected,High Speed Internet Available
View Y/N Yes
Water Access Desc Public
View Mountain(s)
Roof Type Metal
Total Parking Spaces 16
Building
Foundation Poured
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Others
Tax ID 56417503324020000
Security Features Security System Owned,Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry
Special Listing Condition Standard