MLS # 22113097
520 East Main Street, Lewistown, Montana 59457

MLS 22113097 $1,290,000

The B&B Motel is an excellent opportunity to own a landmark hotel in Lewistown, Montana. The current owner has been operating since 2012. This 36-room hotel has been streamlined and significantly remodeled, maintained and improved over the years. Spacious 2 bedroom living quarters are attached to the hotel and are perfect for staff or owner. Rooms vary from kitchenettes, handicap accessible, king suites to double queens with guest ice and vending machines. Lewistown has endless recreational opportunities from big game & bird hunting, hiking, to summer fairs and festivals. Enjoy the new brewery or a quick bite to eat, all in walking distance. So much upside to this business and possibilities galore! This is a perfect 1031 exchange opportunity. Financials available upon receipt of NDA.

Contact

Canyon Properties LLC
Craig, Montana 59648
(406)-235-4081

General Property Description

Days On Market: 365
Listing Date: Aug 11 2021
Property Type: Commercial
Property Sub-Type: Commercial
Lot Acres: 0.62
Year Built: 0
Total Sq. Ft.: 27007
Waterfront: None
Contingent: Under Contract Taking Back-Up Offers
List Price/SqFt: 47.77
Square Feet Estimate: Over 20000

Property Details

Terms Of Sale: Cash,Conventional
Terms Of Sale: Other: 1031 Exchange
Basement: Finished,Full
Age: Over 20 Years
Bldg. Improvement(s): Fire Alarm,Fire Escape
Bldg. Improvement(s): Other: Fire stair/sprinkler
Foundation: Poured Concrete
HVAC: A/C Wall Unit
HVAC: Other: YES
Offering: For Sale Bldg./Land
Offering: Other: Business
Parking Information: Parking Garage

Legal and Taxes

Assessor Number: 000001554
Covenant: No
Legal: PARTITION AND DISTRIBUTION, S10, T15 N, R18 E, BLOCK 044, Lot 007 - 010, & SCOTT ADD BLOCK 004, Lots 007-010
Tax Year: 2020
Taxes: 13393
Zoning: See Remarks

© 2022 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Listed By: Clearwater Montana Properties (2990) - Noxon, Bull River Jct Hwy 56 & 200, Noxon, MT 59853, Jeannette C Carr, (406) 847-3400


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Go Country, a web site affiliated with and maintained by Northwest National Real Estate features exceptional properties that are sorted by category, including country homes, commercial property, recreation property, ranches, farms, vacant land, hotels, restaurants, rental income, RV and mobile home parks and more.