305 Bridge StBigfork, MT 59911

Property Details for 305 Bridge St

Year built

1950

Construction

WOOD

Lot size

1.20 AC

Property size (Sq ft)

1,704 SF

Property type

Investment properties

Property subtype

Live-work space

APN

07-3835-36-1-37-05-0000

APU

7383536137050000

Description

This exceptional Bigfork, Montana property offers a unique opportunity to acquire a thriving downtown lodging business. Spanning 7,430 square feet across 1.11 acres, this complex comprises fourteen charming cottages situated directly on the Swan River, opposite the historic hydroelectric plant and adjacent to the iconic Swan River Bridge. The property includes four Deluxe River Cottages, two Wooded King Cottages, two Wooded Full Cottages, and four One-Room Suites, along with a Birch Tree Cottage featuring two king bedrooms and a full kitchen. Recent upgrades include new roofs, fresh interior and exterior paint, new televisions, a revamped website, and updated operational technology. Most units boast kitchenettes, dining areas, and separate sleeping quarters. The cottages' popularity is evident in the high volume of repeat guests and consistently excellent reviews. The property's prime location offers easy walking access to Bigfork's vibrant amenities, including restaurants, bars, a live theater, galleries, shops, public schools, and nature trails. Glacier National Park, Jewel Basin, and the Bob Marshall Wilderness are all within easy day-trip distance. Interior updates reflect the unique riverfront setting and the surrounding pines, featuring new beds, bedding, furnishings, artwork, and accessories. The property presents potential for expansion or conversion into individually sellable condominiums, subject to applicable county and state regulations. The asking price is $5,200,000.

• CAP approach

  CAP return

  Valuation

  6%

  $321,298

  6.5%

  $296,583

  7%

  $275,398

• Comparable approach

  Method

  Valuation

  Relative Method

  $363,310

  Geo Method

  $363,310

• Alternative Use

  Use

  Valuation

  Residential

  $367,763

  Hospitality

  $336,869

  Educational

  $280,271

  Medical

  $289,910

  Retail

  $435,977

Location Insight

City

Bigfork

County

Flathead

State

Montana

Latitude

48.0598

Longitude

-114.072

CBSA code

28060

CBSA name

KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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