810 Front StForsyth, MT 59327
- Commercial real estate
- 8,778 SF
Property Details for 810 Front St
- Year built
- 1951
- Lot size
- 0.65 AC
- Property size (Sq ft)
- 8,778 SF
- Property type
- Commercial real estate
Description
This exceptional turnkey opportunity presents a thriving motel in the charming town of Forsyth, Montana, ideally situated between the Yellowstone River and Interstate 94. Boasting 20 rentable rooms with an average rate of approximately $90, the property generated over $29,000 in gross revenue last May, representing the best month in the current owners' 30-year history. The operation is manageable with two individuals, supplemented by housekeeping help during peak seasons. A significant advantage is the inclusion of a comfortable three-bedroom, two-bathroom owner's residence, conveniently located off the main lobby and office area. Recent upgrades include new carpeting and kitchen renovations. The motel features unique amenities, including the town's finest Jacuzzi King Suite and the only triple queen room. This presents a rare chance to acquire an established, profitable business with immediate income potential. The property sits on a 0.65-acre lot and encompasses 8,778 square feet. An attractive add-on investment is available for an additional $350,000, encompassing a half-block of land with three additional buildings. This adjacent property includes two fully rented duplexes and a large garage with an upstairs apartment, all occupied by long-term tenants. Owning this entire half-block presents a significant expansion opportunity for a savvy investor.
Location Insight
- City
- Forsyth
- County
- Rosebud
- State
- Montana
- Latitude
- 46.263
- Longitude
- -106.678
Comparable in this City
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