For Sale
$825,000

10 Woodard Ave Absarokee, MT 59001

Historic 11-unit apartment building, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents the Jay Apartments, a historic 1911 brick building situated on a 0.2-acre lot in Absarokee, Montana. Currently operating as an 11-unit apartment complex with 100% occupancy (as of January 1, 2025), this property offers 6,800 square feet of net rentable space. The building features centrally metered electrical service and radiant heat per unit. A basement provides laundry facilities, mechanical rooms, and potential for additional storage. The second-floor units are arranged in a hotel-style configuration. The property's zoning is commercial, allowing for diverse redevelopment possibilities, including a boutique bed and breakfast, small hotel, condominium conversion, or commercial office space. The property includes two tracts

Highlights

  • Historic 1911 brick building on a 0.2-acre lot in Absarokee, Montana.
  • 11-unit apartment complex with 6,800 square feet of net rentable space and 100% occupancy (as of January 1, 2025).
  • Centrally metered electric and individual radiant heat.
  • Basement with laundry facilities, mechanical rooms, and potential extra storage.
  • Second-floor units in a hotel-style configuration.
  • Commercially zoned, allowing for diverse redevelopment (e.g., B&B, hotel, condos, or offices).

Property Details for 10 Woodard Ave

Property type
Office properties, Mixed-use properties
Square Feet
6,800 SF
Class
C
Year Built/Renovated
1911/1955
Buildings
1
Stories
2
Lot Size (sq. ft)
8,712 SF
Units
11

Location Insight

City
Absarokee
County
Stillwater
State
Montana
Latitude
45.519923108225
Longitude
-109.44299246231

FAQs

What type of property is this?
Office property - Historic 11-unit apartment building, redevelopment opportunity.
Where is the office property located?
The property is located at 10 Woodard Ave Absarokee, MT.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Historic 1911 brick building on a 0.2-acre lot in Absarokee, Montana.; 11-unit apartment complex with 6,800 square feet of net rentable space and 100% occupancy (as of January 1, 2025).; Centrally metered electric and individual radiant heat.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
10 Woodard Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message