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201 North Division St.

Reed Point, MT 59069
  • $475,000
  • STATUS: Active Under Contract
  • ON SITE: 70 Days
  • MLS #: 351987
Under Contract
UPDATED: 69 min ago
$475,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,100
    SQFT
  • $67
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1909
County:

School Ratings & Info

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 352000.

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© 2025 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 6/21/2025.
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201 North Division St. Reed Point, MT 59069

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: 70 Days
  • Updated: 69 min ago
  • MLS #: 351987
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,100
SQFT
$67
$/SQFT
1909
Built
Neighborhood:
Campbell First Addition
County:
Stillwater
Area:
(12) Columbus;Absarokee;Nye;Big Timber;Reed Point
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 352000.
Exterior Features

Construction Materials Brick Parking Features On Street Road Surface Type Asphalt Roof Metal

Interior Features

Above Grade Finished Area 0 Cooling None Cooling YN No Heating Electric Gas Hot Water Other Heating YN Yes Levels Two Main Level Bathrooms 0

Property Features

Business Type Rental Current Use Multi- Family Disclosures Disclosure on File Insurance Expense 4566 Listing Terms Cash New Loan Possession Close Of Escrow Property Condition Resale Property Sub Type Business Property Sub Type Additional Other Sewer Public Sewer Structure Type Other Tax Annual Amount 1740 Utilities Expense 3672 Water Source Well Year Established 2024 Zoning Description Other

Listing information © 2025 Billings Association of Realtors MLS
Listing courtesy of Jennifer France of Parks Real Estate: (406) 322-4115
© 2025 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 6/21/2025.
 
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