Be the first to scoop up this apartment complex with incredible potential right downtown! This unique apartment complex, formerly a motel, offers a fantastic investment opportunity with immense potential for upgrades and renovations. Situated in a prime location, you’ll have easy access to parks and local attractions. There is a Manager’s Quarters on-site: Ideal for on-site management or additional rental income. These spacious units and roomy layouts can be transformed into modern living spaces. With some repairs and renovations, you can enhance the property’s value and appeal. This property is somewhat of a blank canvas, ready for your vision. Whether you want to renovate and increase rental income or convert the space for a different purpose, the possibilities are endless. The unfinished basement in both buildings offers even more potential for rentable space. More pictures coming soon! Cap rate is 4%. Contact Ashley Miner at 406-293-0951, or your real estate professional.
This well-maintained 16-unit hotel is an excellent investment opportunity! Ideally situated close to local amenities, this property offers a convenient stay for guests while ensuring an inviting atmosphere. Clean and comfortable rooms which are meticulously maintained, providing a welcoming space for guests. Just minutes away from restaurants, shops, and attractions, making it a desirable choice for travelers. There is a dedicated, livable space for on-site management enhancing operational efficiency and guest satisfaction, and A relaxing outdoor area for guests to unwind or for potential outdoor activities. This hotel has a large parking lot accommodating guests and staff, ensuring easy access. The Sandman has a strong occupancy rates in a thriving area with pootential for growth with added amenities or services. Cap rate is 5%. Contact Ashley Miner at 406-293-0951, or your real estate professional today!
Centrally located office building on .36 acres in the highly versatile Business Residential zoning district of Libby, MT. The main level consists of a reception and waiting area, employee workstations, 2 bathrooms, a kitchenette and 7 offices each with natural light. Three offices have sinks and a forth is plumbed. Additional parking located in the rear with easy access and a private employee side entrance. Below grade you will find a large meeting room, 2 kitchens, 2 full bathrooms and 2 lounge areas accessed from a private entrance plus a bonus space and mechanical / storage room. The building is excellent for medical or clinical offices. Call Justin Philbrick at 406-370-1690 or your real estate professional.
Prime Real Estate Location / Restaurant including FF&E - Real Estate / Premium; Street-Highway Exposure--Access / Traffic Counts / Opportunities endless for a Repurpose
Welcome to Alfresco RV Park & Storage in the scenic Kootenai Valley of Libby, Montana. This prime 4.9-acre property features 27 RV sites with full hookups, an 18-unit storage building, an office, laundry hookups, RV dump site and ample parking. Strategically located across the highway from the Kootenai River and just minutes from Lake Koocanusa, Libby Dam, and endless outdoor recreation in the Cabinet Mountains, it's an ideal hub for adventure seekers. With abundant growth potential, this is the perfect opportunity to bring your entrepreneurial dreams to life! Call Charity Waldo @ 406.212.4237 or your real estate professional.
Investment opportunities abound in this 1488 square foot commercial building located less than 1 block off Highway 2 on Utah Avenue. Currently used as a community thrift store, this building is suitable for a variety of businesses from retail to office & other services. The back section of this building will require a little TLC but provides a separate space with its own bathroom and outside entrance, so you could utilize the building as two separate businesses or additional storage space. Looking to add commercial real estate to your portfolio, this solid cement block building is worth considering. Ready to kick your entrepreneurial talents and skills into high gear, this lovely building could be your launchpad. Located just a few blocks from downtown Libby and less than 1 block off Highway 2, the location suits a variety of businesses. Be a part of the dynamic growth of Libby, Mt., call for an appointment to see this great opportunity today!
Prime Commercial Opportunity with Highway Frontage Unlock the potential of this remarkable property boasting 400 feet of prime frontage along Hwy 2, strategically positioned beyond the city limits. Spanning 1.4 acres, this versatile offering presents a compelling prospect for entrepreneurial ventures or residential use. 3 Possible Incomes! Bargain Barn: A focal point of potential income streams, the Bargain Barn features 3-phase power, a recently upgraded electric furnace, and a new mini-split system in the Stock area, complete with a convenient half bath and a spacious 10 ft. garage door. Embrace the entrepreneurial spirit with a 2160 sq. ft. commercial building. Residential Charm: Nestled within this expansive property is a 4 bed, 2 bath, 1368 sq. ft. home, offering the convenience of on-site living or the option to repurpose into another business venture/rental property. It also includes a garage with a concrete floor and attached chicken coop. Expansion Potential: The lower portion of the lot awaits, equipped with 200-amp power and primed for connection to city water, offering the canvas for future expansion or supplementary income streams. Unique Selling Points: Unrivaled Visibility: With a traffic count surpassing 4000, this property promises unparalleled exposure for commercial endeavors. Flexibility: Whether you envision establishing a single thriving business, multiple ventures, or embracing the live-work lifestyle, this property offers the versatility to realize your vision. Investment Opportunity: Positioned for growth and innovation, seize the opportunity to capitalize on the burgeoning commercial landscape. For further details and to explore the myriad possibilities this property presents, contact Sharon S Denton at 406-291-6719, Ashley Denton at 406-300-9721, or your Real Estate Professional. Don't miss out on this rare chance to make your mark on the vibrant commercial landscape. Bring your ideas and let this property be the canvas for your entrepreneurial dreams.
Established restaurant, storage unit complex and rental office located in Libby, MT! Paved parking with US Hwy 2 frontage and signage for restaurant and rental office, storage shed complex all located on approx 2 acres. Inside the building you will find a dining room atmosphere with plenty of seating in both a bar area and a family dining area, a walk up bar with barstool seating, plenty of kitchen space for cooking, plenty of food prep areas, dish wash station with commercial style dishwasher, plenty of storage space for perishable and dry goods and supplies. A casino area with machines invite guests to play games as they wait for their meal or relax after. All contents included that are used to run a successful restaurant are part of the sale, such as kitchen supplies, fixtures, tables, chairs, utensils, POS systems, and more. Food and supply inventory to be valued at closing of sale. Call Jeremy Hageness 406-291-0072 or Shawna Norry 406-334-4300 or your real estate professional.
Investment property! Downtown Libby, MT is booming with activity and here is your chance to own a part of that. With a Brewery, taverns, new restaurants, clothing stores and more you will find an increasing amount of traffic making this a great long term investment! Currently occupied by a great tenant, you have rental income in place. Nose in parking for customers in front and parking in back for employees. This is a great opportunity! Call Jeremy Hageness 406-291-0072 or Shawna Norry 406-334-4300 or your real estate professional to schedule a showing!
The median home value in Libby, MT is $334,900. This is lower than the county median home value of $394,000. The national median home value is $338,100. The average price of homes sold in Libby, MT is $334,900. Approximately 58.04% of Libby homes are owned, compared to 33.02% rented, while 8.94% are vacant. Libby real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Libby real estate agent to arrange a tour today!
Libby, Montana has a population of 2,745. Libby is more family-centric than the surrounding county with 21.2% of the households containing married families with children. The county average for households married with children is 19.18%.
The median household income in Libby, Montana is $39,044. The median household income for the surrounding county is $41,922 compared to the national median of $69,021. The median age of people living in Libby is 50.1 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 19.5 inches per year, with 49 inches of snow per year.