808 Mineral Avenue$2,900,000

Libby, MT

6498.00 SF, 0.43 ACRE

$2,900,000

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Property Details

BIG PICTURE

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6498.00

FT2

0.43

ACRE

Description

Discover an incredible opportunity to own a beautifully remodeled 17-room motel, proudly rated #1 in town! This thriving property is perfectly situated in the heart of downtown, and has a stellar reputation. The Evergreen boasts a strong customer base and excellent online reviews. The property features well-maintained gardens enhancing its curb appeal and creating a relaxing environment for guests. Located within walking distance to major amenities, including restaurants, shops, and entertainment, ensuring a steady flow of guests. With a robust reputation and prime location, this is an incredible investment opportunity. The Evergreen is not just a place to stay—it's a thriving business with excellent growth potential. The cap rate is 7%. There is an additional opportunity; the option to buy the house next door which is perfect for an owner-occupied residence or staff accommodation. Please inquire for more details. Contact Ashley Miner at 406-293-0951 or your real estate professional.

PRICE

$2,900,000

FEATURES

    • MLS #: 30034578
    • Lot: 18,731.00 sqft
    • Single-Family
    • Built in 1938
    • Cooling: Wall Units
    • Heating: Baseboard, Electric, Wall Furnace
    • Price/sqft: $446.29
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Listed By: Ashley Miner, CENTURY 21 Summit Realty