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    10 Woodard Ave Absarokee, MT 59001

    For Sale
    $825,000

    11-Unit Property, High Occupancy, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    Step back in time with this remarkable 1911 brick building, formerly known as the Absarokee Hotel and later the Jay Apartments. Situated just 100 feet from Absarokee's main intersection, this 11-unit property enjoys a history of near 100% occupancy. Each unit features centrally metered electrical service and radiant heat. The full basement provides laundry facilities, mechanical rooms, and ample potential for additional storage units. The second-floor units are arranged in a hotel-style configuration. This property presents a unique investment opportunity with diverse conversion possibilities, including an upscale bed and breakfast, a small hotel, condominium units, or commercial office space. The property comprises two tracts of land

    Property Features for 10 Woodard Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1911
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Absarokee
    County
    Stillwater
    State
    Montana
    Longitude
    -109.4433
    Latitude
    45.52004

    Nearby Comparable

    • $825,000
      0.20 Acres

      Jay Apartments: Absarokee, MT

      Historic 11-unit apartment building, redevelopment opportunity.
      10 Woodard Ave, Absarokee, MT 59001
      View Details
    • Contact for pricing

      Established Construction Business For Sale

      30-year construction business with ongoing contracts in south central MT.
      Address Not Disclosed, Absarokee, MT
      View Details
    • $729,000
      6 SF

      Historic Absarokee Hotel Conversion Opportunity

      11-unit property near town center with conversion potential.
      10 S Woodard Ave, Absarokee, MT 59001
      View Details
    • $1,875,000
      3 SF

      Iconic Bar, Casino, and Restaurant

      Established bar, casino, and restaurant in Absarokee, Montana.
      3 N Woodard Ave, Absarokee, MT 59001
      View Details
    • $994,000
      1.00 Acre

      Absarokee RV Park Investment Opportunity

      Mountain Town RV Park with Expansion Potential
      3315 Highway 78, Absarokee, MT 59001
      View Details
    • New
      $1,799,000
      19.14 Acres

      Montana Recreational Land with River Frontage

      19+ acre recreational oasis with river and mountain views.
      2825 Highway 78 S, Absarokee, MT 59001
      View Details

    Nearby Similar for Sale

    • $729,000
      6 SF

      Historic Absarokee Hotel Conversion Opportunity

      11-unit property near town center with conversion potential.
      10 S Woodard Ave, Absarokee, MT 59001
      View Details
    • $1,875,000
      3 SF

      Iconic Bar, Casino, and Restaurant

      Established bar, casino, and restaurant in Absarokee, Montana.
      3 N Woodard Ave, Absarokee, MT 59001
      View Details
    • Contact for pricing

      Established Construction Business For Sale

      30-year construction business with ongoing contracts in south central MT.
      Address Not Disclosed, Absarokee, MT
      View Details
    • $994,000
      1.00 Acre

      Absarokee RV Park Investment Opportunity

      Mountain Town RV Park with Expansion Potential
      3315 Highway 78, Absarokee, MT 59001
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 11-Unit Property, High Occupancy, Huge Potential
    Where is this commercial real estate located?
    The property is located at 10 Woodard Ave Absarokee, MT.
    What is the asking price?
    The asking price for this property is $825,000.
    (406) 254-1550
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    10 Woodard Ave Absarokee, MT 59001
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    Absarokee, MT 59001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Woodard Ave Absarokee, MT 59001
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