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201 North Division, 
Reed Point, MT 59069

$475,000


Bed


Bath


7,100

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Jennifer France

Parks Real Estate

406-322-4115

Last updated:

April 16, 2025, 02:48 PM

MLS#

352000

Source:

MT BAR

About This Home

201 North Division

The historic hotel Montana built in 1909 has been a longtime focal point in Reed Point, located on the Yellowstone trail and home of the Great Montana Sheep Drive. The two story brick building began as Walker’s Store, a mercantile business and in 1997 it was converted into the Hotel Montana. Upgrades include new metal roof, remodeled bathrooms in main lobby and all 5 bedrooms plus a newly renovated 3 bed/1 bath upstairs apt. Other amenities include hot water heat, 10 solar panels, some electric and plumbing upgrades. All 5 rooms plus the apt. rented for monthly income. A great investment property with so much potential to finish as a restaurant, turn back into a hotel, Airbnb-Wedding Venue or your own private residence. 5 minutes from the Yellowstone River providing fishing, picnicking or rafting. Yellowstone National Park is 1 1/2 hours away through the entrance at Gardiner, Montana. Also listed as MLS 351987.

Home Facts

Multi-Family

Built in 1909

Price Summary

475,000

$66 per Sq. Ft.

MLS #:

352000

Last Updated:

April 16, 2025, 02:48 PM


Rooms & Interior

Interior

Living Area:

7,100 Sq. Ft.


Structure

Structure

Architectural Style:

Other

Year Built:

1909


Lot

Lot Size (Sq. Ft):

8,015


Finances & Disclosures

Finances

Price:

$475,000

Price per Sq. Ft:

$66 per Sq. Ft.

Source:MT BAR
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