$400,001
$400,000
For more information regarding the value of a property, please contact us for a free consultation.
810 Front ST Forsyth, MT 59327
8,778 SqFt
Key Details
Sold Price $400,001
Property Type Commercial
Sub Type Building/Land
Listing Status Sold
Purchase Type For Sale
Square Footage 8,778 sqft
Price per Sqft $45
MLS Listing ID 30028524
Sold Date 02/14/25
HOA Y/N No
Year Built 1951
Annual Tax Amount $3,019
Tax Year 2024
Lot Size 0.647 Acres
Acres 0.647
Property Sub-Type Building/Land
Property Description
Why buy a house, when you can buy a business with a home? Fantastic opportunity for a turnkey motel in the beautiful town of Forsyth, MT which is nestled between the Yellowstone River and I-94. The current owners for over the last 30 years have just had their best May with over $29K in gross revenues. The average room rate is around $90 with 20 rentable rooms. This is a two-person operation, plus housekeeping assistance during the busiest months. The owners' residence is off the main office/lobby with 3 bedrooms/2 bathrooms and new carpeting installed with many upgrades to the kitchen. The Restwel boasts the nicest Jacuzzi King Suite in town and the only triple queen. For an additional $350K, an adjacent investment opportunity exists that could be packaged with this. Imagine owning the entire half block with 3 additional buildings. This additional property consists of two duplexes and a large garage with an apartment upstairs. All units are fully rented with long term tenants.
Location
State MT
County Rosebud
Zoning 1
Interior
Cooling Wall Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Foundation See Remarks
Sewer Public Sewer
Water Public
Others
Tax ID 29154023117010000
Financing Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Montana Regional MLS