Remodeled Motel in Prime
For Sale
Contact for pricing
808 Mineral Ave, Libby, MT 59923
Seventeen-room motel in downtown location with strong customer base.
Property SizeContact for details
Days on Market701
Property Features for 808 Mineral Ave
General Information
Standard status
Active
Total Parking Spaces
16
Property subtype
Hospitality
Building Details
Year Built
1938
Units
17
Listing Agency:
CENTURY 21 Summit Realty
Listed By:
Ashley Miner · License #RRE-RBS-LIC-109160
(406) 293-5107
Source:
Crexi
Added: Oct 4, 2024
Changed: Aug 24
Last Checked: Aug 31 at 8:30PM
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.
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. Its location is 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.
Key Highlights
- Rated #1 motel in town with a stellar reputation and strong customer base.
- Prime downtown location within walking distance to restaurants, shops, and entertainment.
- Thriving business with excellent growth potential and a 7% cap rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- Hidden Chapel — 1207 Utah Ave, Libby, MT 59923
- Lucky Logger Casino — 1313 Minnesota Ave, Libby, MT 59923
- Maggie's 2 — 519 E Larch St, Libby, MT 59923
- Gold Pan Casino — 420 E 9th St, Libby, MT 59923
- Evergreen Motel — 808 Mineral Ave, Libby, MT 59923
Frequently Asked Questions
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 stellar reputation and strong customer base.; Prime downtown location within walking distance to restaurants, shops, and entertainment.; Thriving business with excellent growth potential and a 7% cap rate.
