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Historic Libby High School Redevelopment
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101 E Lincoln Blvd, Libby, MT 59923

Landmark high school in Libby, MT, for redevelopment.

Property Size30,000 SF
Lot Size1.74 Acres
Price / SF$31.67
Days on Market165

Property Features for 101 E Lincoln Blvd

General Information

Standard status Active
Size 30,000 SF
Lot size 1.74 Acres
Property subtype Mixed Use, Business for Sale, Land

Building Details

Year Built 1916
Listing Agency: CENTURY 21 Summit Realty
Listed By: Steve McNulty · License #RRE-RBS-LIC-15613
Source: Crexi
Added: Mar 10 Changed: Aug 14 Last Checked: Aug 20 at 11:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Summit Realty

Investment Insights

Based on property information with market context.

The Historic Libby High School, built in 1916, is a Collegiate Gothic architectural landmark listed on the National Register of Historic Places since 2008. Located on a 1.74-acre lot in downtown Libby, Montana, the approximately 30,000 square foot brick structure includes two floors plus a full basement and offers redevelopment potential. Currently in the demolition and reconstruction phase, the building is an open shell ready for transformation. While requiring extensive repairs, the building retains its original structure, including 12-foot ceilings and architectural details, providing a canvas for an adaptive reuse project. Potential uses include loft-style apartments, mixed-use commercial and residential space, creative live/work units, or boutique hospitality or community-focused redevelopment. Its downtown location offers proximity to Libby's businesses, services, and community amenities. The project qualifies for preservation incentives, including a Federal Historic Rehabilitation Tax Credit and a Montana Historic Preservation Tax Credit, which can offset renovation costs.

Key Highlights

  • Qualifies for significant Federal and Montana Historic Preservation Tax Credits, substantially offsetting renovation costs.
  • Tremendous redevelopment potential for loft‑style apartments, mixed‑use commercial/residential space, live/work units, boutique hospitality, or community‑focused projects.
  • Located in the heart of downtown Libby, Montana, within walking distance of businesses, services, and community amenities.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Kitchen & Bath Showroom Garden Center Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

Demographics for 59923, MT

9,743
Population
5,295
Households
1.8
Avg Household Size
52
Median Age
16%
College-Educated
93%
High-School Grad
1,412.5 sq mi
ZIP Area
7
Density / Sq Mi
$45,332
Median Household Income
$33,760
Median Earnings
$726
Median Rent
$241,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Landmark high school in Libby, MT, for redevelopment.
Where is this mixed-use property located?
The property is located at 101 E Lincoln Blvd Libby, MT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Qualifies for significant Federal and Montana Historic Preservation Tax Credits, substantially offsetting renovation costs.; Tremendous redevelopment potential for loft‑style apartments, mixed‑use commercial/residential space, live/work units, boutique hospitality, or community‑focused projects.; Located in the heart of downtown Libby, Montana, within walking distance of businesses, services, and community amenities.
More about this property
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