Active

808 Mineral Avenue

Libby MT, 59923

$2,900,000


$446.29 per sqft

Active

6,498 sqft

Commercial

Built in 1938

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.

30034323

MLS ID

October 3, 2024

Listed

February 19, 2025

Updated

Interior Features

Interior Features

Breakfast Bar, High Speed Internet


Floor Description

Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Baseboard, Electric, Wall Furnace


Basement

Yes

Exterior/Building Features

Lot Size

0.43 Acres


Roof

Metal


Sewer

Public Sewer


Security

Security System Owned, Carbon Monoxide Detector(s), Smoke Detector(s)


Window

Double Pane Windows, Insulated Windows, Window Coverings

Other Property Details

Taxes

$8,558


Tax Frequency

Annually


Days on Market

139


Garage

No


Parking

Additional Parking


Parking Total

16


View

Yes


View Description

Mountain(s)


County

Lincoln


Water Source

Public


Utilities

Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available

Listing History

Date

Event

Price

2/19/2025

Price change

$2,900,000

-18%

10/14/2024

Price change

$3,500,000

-13%

Courtesy of CENTURY 21 Summit Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Megan Helgeson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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