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31901 Us Highway 2 Libby, MT 59923

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For Sale
$2,200,000

Profitable Montana Hotel - Excellent Investment

Property size:
7,240 SF

Property Features for 31901 Us Highway 2

General Information

Property type
Other commercial real estate
Square Feet
7,240 SF
Lot Size
51,836 SF

Building Details

Year Built
1971

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Listing Contact
Ashley Miner

Listing Agency: CENTURY 21 Summit Realty Listing Agent: Ashley Miner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 16-unit hotel in Libby, Montana, presents a compelling investment opportunity. Boasting 7,240 square feet on a 1.19-acre lot, the property is strategically located near local amenities, ensuring convenient access for guests. Each of the sixteen units is meticulously maintained, offering clean and comfortable accommodations. The hotel's prime location, just minutes from restaurants, shops, and area attractions, makes it a highly desirable choice for travelers. Operational efficiency is enhanced by a dedicated, livable on-site management space, allowing for seamless oversight. Guests can enjoy a relaxing outdoor area, perfect for unwinding after a day of exploring. Ample parking is available for both guests and staff. The hotel consistently demonstrates strong occupancy rates, reflecting its popularity in a thriving area. Further growth potential exists through the addition of amenities or services. The property's current cap rate is 5%, indicating a strong return on investment. The asking price is $2,200,000. This turnkey operation is ready for a new owner to continue its success.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Libby
County
Lincoln
State
Montana
Longitude
-115.5678
Latitude
48.39623

FAQs

What type of property is this?
Commercial real estate - Profitable Montana Hotel - Excellent Investment
Where is this commercial real estate located?
The property is located at 31901 Us Highway 2 Libby, MT.
What is the asking price?
The asking price for this property is $2,200,000.
More about this property
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