Reed Point MT Commercial for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1909
- Baths:
- MLS#:
- 347553
- Subdivision:
- Campbell First Addition
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Courtesy: Parks Real Estate
406-322-4115
ADDITIONAL INFORMATION
The historic hotel Montana built in 1909 has been a longtime focal point in Reed Point, located on the Yellowstone trail and home of the Great Montana Sheep Drive. The two story brick building began as Walker’s Store, a mercantile business and in 1997 it was converted into the Hotel Montana. This partially renovated building has remodeled bathrooms, hot water heat, solar panels, metal roof, some electric and plumbing upgrades, and 5 rooms upstairs which are currently rented for monthly income. A great investment property with so much potential to finish as a restaurant, turn back into a hotel, Airbnb-Wedding Venue or your own private residence. 5 minutes from the Yellowstone River providing excellent trout fishing, bird watching, picnicking, swimming or rafting at the Indian Fort Fishing Access. Yellowstone National Park is 1 1/2 hours away through the entrance at Gardiner, Montana.
Reed Point Real Estate
The median home value in Reed Point, MT is $432,500. This is higher than the county median home value of $416,400. The national median home value is $338,100. The average price of homes sold in Reed Point, MT is $432,500. Approximately 80.77% of Reed Point homes are owned, compared to 1.92% rented, while 17.31% are vacant. Reed Point 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 Reed Point real estate agent to arrange a tour today!
Reed Point, Montana has a population of 210. Reed Point is more family-centric than the surrounding county with 42.59% of the households containing married families with children. The county average for households married with children is 27.57%.
The median household income in Reed Point, Montana is $56,250. The median household income for the surrounding county is $72,906 compared to the national median of $69,021. The median age of people living in Reed Point is 49.7 years.
Reed Point Weather
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 14.9 degrees. The average rainfall is approximately 15.2 inches per year, with 50.1 inches of snow per year.