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    808 Mineral Ave Libby, MT 59923

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    For Sale
    $2,800,000

    Seventeen-room motel in downtown location with strong customer base.

    Property size:
    6,498 SF
    Lot size:
    0.43 Acres

    Property Features for 808 Mineral Ave

    General Information

    Size
    6,498 SF
    Lot size
    0.43 Acres

    Building Details

    Year built
    1938

    Source: CENTURY 21 Summit Realty Agent Ashley Miner

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

    Overview

    Remodeled Motel in Prime Location

    This is a remodeled 17-room motel, rated #1 in town, situated in the heart of downtown. The property has a strong customer base and excellent online reviews. Well-maintained gardens enhance its curb appeal and create a relaxing environment for guests. The motel is located within walking distance to major amenities, including restaurants, shops, and entertainment. The cap rate is 7%. There is an additional opportunity to buy the house next door which is perfect for an owner-occupied residence or staff accommodation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Evergreen Motel Motel

    Suggested Use

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

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

    Similar Places Nearby

    Evergreen Motel, Hidden Chapel, Gold Pan Casino, Lucky Logger Casino, Maggie's 2

    Location Insight

    • Map
    • Local Demand
    City
    Libby
    County
    Lincoln
    State
    Montana
    Longitude
    -115.5546031
    Latitude
    48.3883782

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    FAQs

    What type of property is this?
    Motel - Seventeen-room motel in downtown location with strong customer base.
    Where is this motel located?
    The property is located at 808 Mineral Ave Libby, MT.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Rated #1 motel in town with a strong customer base and excellent online reviews.; - Prime downtown location within walking distance to restaurants, shops, and entertainment.; - Thriving business with a 7% cap rate and excellent growth potential.
    (406) 293-0951
    Request Owner's contact information
    808 Mineral Ave Libby, MT 59923
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    Libby, MT 59923
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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
    808 Mineral Ave Libby, MT 59923
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