1010 9Th StLibby, MT 59923

Property Details for 1010 9Th St

Year built

1980

Construction

WOOD

Lot size

1.14 AC

Property size (Sq ft)

4,418 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

56-4175-04-1-04-05-0000

APU

56417504104050000

Description

This exceptional mixed-use property, located at 1010 W 9th Street in Libby, Montana, presents a compelling investment opportunity. Built in 1980, the property boasts a substantial 49,615 square foot lot, offering significant potential for expansion or redevelopment. Currently configured as a restaurant, complete with fixtures, furniture, and equipment (FF&E), the building benefits from a highly visible street-highway location ensuring excellent exposure and high traffic counts. The property's prime location and substantial lot size provide endless possibilities for repurposing and maximizing its potential. The asking price is $398,000. This presents a rare chance to acquire a well-situated commercial property in a growing Montana community. The property's existing restaurant setup provides immediate income potential, while the expansive lot offers ample room for future development or expansion. The zip code is 59923, and the property is situated in Lincoln County. This is an ideal investment for those seeking a versatile commercial property with strong potential for growth and return. The property's location and size make it a truly unique opportunity in the Libby market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,225,722

  6.5%

  $1,131,435

  7%

  $1,050,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,373,744

  Geo Method

  $2,373,744

• Alternative Use

  Use

  Valuation

  Residential

  $954,408

  Hospitality

  $874,233

  Educational

  $727,351

  Medical

  $752,366

  Retail

  $1,131,435

Location Insight

City

Libby

County

Lincoln

State

Montana

Latitude

48.393

Longitude

-115.563

Property Tax & Assessments

FAQs

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