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Historic Mixed-Use Rehabilitation Property
New
For Sale
$1,150,000

118 N Montgomery Street, Philipsburg, MT 59858

CommercialSale, Philipsburg, MT

Property Size10,000 SF
Lot Size0.21 Acres
Price / SF$115
Days on Market2

Property Features for 118 N Montgomery Street

General Information

Property type Commercial Sale
Property subtype Other
Directions 118 N Montgomery St, Philipsburg MT 59858 (historic downtown, ~ 1/2 blk off Broadway). I-90 East (Missoula): Exit 153/154 Drummond, south on MT-1 ~27 mi / 40-45 min. I-90 West (Butte): MT-1 exit through Anaconda & Georgetown Lake (~1h15 from Butte). Follow MT-1 into town to N Montgomery.
Standard status Active
APN 46157325108140000
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PHILIPSBURG ORIGINAL TOWNSITE, S25, T07 N, R14 W, BLOCK 6, Lot 11-13, COS 1062
Tax Annual Amount 4102
Legal Description PHILIPSBURG ORIGINAL TOWNSITE, S25, T07 N, R14 W, BLOCK 6, Lot 11-13, COS 1062

Building Details

Year built 1900
Listing Agency: Glacier Sotheby's International Realty Missoula
Listed By: Patrick Pozzi · License #RRE-RBS-LIC-98048
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 2 at 3:06PM
MLS# 30077811

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The contributing historic-district building is a three-story brick property that has been stripped and re-framed for mixed-use rehabilitation. Final architectural and civil plans are State-permitted. The street level is planned for a coffee house, retail gallery, professional office, shared laundry, and mechanical space, while ten independently keyed residences range from 420 SF one-bedroom units to a 1,625 SF three-bedroom owner’s suite with a fireplace and crow’s-nest access. First-floor ceilings are approximately 15 feet, with approximately 12-foot ceilings on the second and third levels. A mansard fourth-floor structure and dormers are already in place.

Key Highlights

  • Approximately 9,400–10,000 SF building on a three‑story brick structure
  • Ten independently keyed residences, ranging from 420 SF one‑bedrooms to a 1,625 SF three‑bedroom owner’s suite
  • Final architectural and civil plans are State‑permitted

Property Analytics

Current Use

Coffee shops

Lease Details

10
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 59858, MT

1,679
Population
1,019
Households
1.6
Avg Household Size
52
Median Age
36%
College-Educated
93%
High-School Grad
880.2 sq mi
ZIP Area
2
Density / Sq Mi
$48,854
Median Household Income
$26,053
Median Earnings
$871
Median Rent
$349,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Permitted plans support a three-story mixed-use project with street-level commercial space and ten independently keyed residences.
Where is this mixed-use property located?
The property is located at 118 N Montgomery Street Philipsburg, MT.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Approximately 9,400–10,000 SF building on a three‑story brick structure; Ten independently keyed residences, ranging from 420 SF one‑bedrooms to a 1,625 SF three‑bedroom owner’s suite; Final architectural and civil plans are State‑permitted
More about this property
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