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For sale
  • $475,000

    201 Division St N, Reed Point, MT 59069

    --beds
    --baths
    7,100sqft
    : 
    Multi Family
    Built in 1909
    -- sqft lot
    $439,700 Zestimate®
    $67/sqft
    $-- HOA

    What's special

    Remodeled bathroomsNew metal roofTwo story brick buildingHot water heat
    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. Upgrades include new metal roof, remodeled bathrooms in main lobby and all 5 bedrooms plus a newly renovated 3 bed/1 bath upstairs apt. Other amenities include hot water heat, 10 solar panels, some electric and plumbing upgrades. All 5 rooms plus the apt. 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 fishing, picnicking or rafting. Yellowstone National Park is 1 1/2 hours away through the entrance at Gardiner, Montana. Also listed as MLS 351987.
    18 days
    on Zillow
    |
    363
    |
    35
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 12, 2025 at 12:25pm

    Listed by:

    Jennifer France 406-321-2071,

    Parks Real Estate

    Source: BMTMLS,MLS#: 352000MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 201 Division St N.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Electric, Hot Water
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 7,100
    • Total interior livable area: 7,100 sqft
    • Finished area above ground: 7,100
    Video & virtual tour

    Property

    Parking
    • Parking features: Additional Parking
    Features
    • Stories: 2
    Lot
    • Size: 8,015.04 Square Feet
    • Features: Corner Lot
    Details
    • Has additional parcels: Yes
    • Parcel number: 0000040019
    • Zoning description: UNZON

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Community
    • Subdivision: Campbell First Addition
    Location
    • Region: Reed Point

    Financial & listing details

    • Price per square foot: $67/sqft
    • Tax assessed value: $242,752
    • Annual tax amount: $1,736
    • Date on market: 4/11/2025
    • Listing terms: Cash,New Loan
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