1. Montana
  2. Reed Point
  3. 201 North Division
$475,000

201 North Division, Reed Point, MT 59069

  • 7,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon8,015sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $67/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
April 11, 2025 at 05:00AM
Listing Office:
Parks Real Estate : (406) 322-4115
Listing Agent:
Jennifer France : (406) 321-2071
MLS ID:
352000
  • A/C: None
  • Heating: ElectricHot Water

This listing courtesy of Jennifer France, Parks Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Reed Point Elementary School

105 Central Ave W, Reed Point, MT, 59069

Grades PK-6

0.18 miles away

R

Reed Point 7-8

308 Central Ave, Reed Point, MT, 59069

Grades 7-8

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.