450 Montana Ave, Lovell, WY 82431-1952
- Investment properties
- 1,920 SF
- 0.20 lot acres
Current Use by Public Records
- Legends Beauty Studio / Hair Salon
Property Details for 450 Montana Ave
- Year built
- 1950
- Lot size
- 0.20 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 56961421201166
- APU
- 56961421201166
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 6, 2022 | — | Jgl Properties LLC | Lisa Gilbert | Warranty Deed | — |
Description
This 1,920 square foot mixed-use building in downtown Lovell, Wyoming, presents a lucrative investment opportunity. The property, built in 1950 and situated on an 8,712 square foot lot at 450 Montana Ave, 82431, boasts three apartment units and a commercial space currently operating as a beauty salon. Recent upgrades include a new roof, furnace, hot water heater, paint, flooring, LED lighting, and vanities, along with vinyl siding and handicap accessibility in the salon. Ample off-street parking is available. Two apartments are under one-year leases, one is month-to-month, as is the salon. The seller currently covers all utilities (approximately $275 monthly), and tenants are responsible for snow removal. The prime location offers easy access to main street businesses and provides proximity to the Big Horn Mountains for outdoor recreation, including hiking, ATV riding, fishing, camping, and hunting. Cody, Wyoming, and Yellowstone National Park are within a short driving distance. This property offers significant potential for growth and development.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Lovell
- County
- Big Horn
- State
- Wyoming
- Longitude
- -108.392
- Latitude
- 44.8367
