31189 Hwy 2 Libby, MT 59923
- Retail properties
- 2,160 SF
- 1.40 lot acres
Current Use by Public Records
- Retail properties
Property Details for 31189 Hwy 2
- Lot size
- 1.40 lot acres
- Property size
- 2,160 SF
- Property type
- Retail properties
Description
This exceptional 1.4-acre commercial property in Libby, Montana, offers unparalleled visibility with over 400 feet of frontage on Highway 2, boasting a daily traffic count exceeding 4,000 vehicles. The main structure is a 2,160 square foot commercial building, currently housing a Bargain Barn with 3-phase power, a recently upgraded electric furnace, a new mini-split system, a half bath, and a 10-foot garage door. Adding to the property's versatility is a 1,368 square foot, four-bedroom, two-bathroom home, ideal for owner occupancy or conversion into additional rental income. This home also includes a garage with a concrete floor and an attached chicken coop. The property's lower portion, equipped with 200-amp power and readily accessible city water connection, presents significant expansion opportunities for future development or supplementary income streams. This property presents a unique blend of commercial and residential potential, making it an ideal investment for entrepreneurs seeking high visibility and flexibility. The property's location just outside the city limits offers a strategic advantage for businesses seeking a prominent presence along a major thoroughfare. This is a rare opportunity to acquire a substantial property with multiple income streams and significant growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Libby
- County
- Lincoln
- State
- Montana
- Longitude
- -115.388
- Latitude
- 48.3155
