919 Mineral AveLibby, MT 59923

Exceptional investment opportunity awaits in downtown Libby, Montana. This mixed-use property, formerly a motel, is listed at $1,800,000 and boasts a 4% cap rate. The 9,540 square foot lot houses a building constructed in 1946, offering spacious units with potential for significant upgrades and renovations. Its prime location provides easy access to local parks and attractions. The property includes on-site manager's quarters, ideal for on-site management or generating additional rental income. The existing units feature roomy layouts ready for modernization, creating attractive living spaces. Unfinished basements in both buildings present further expansion possibilities, allowing for increased rentable square footage. This property offers a blank canvas for creative vision, whether focusing on rental income enhancement through renovations or repurposing the space entirely. The possibilities are extensive. More photos are forthcoming.