$2,800,000
$1M PRICE DROP

808 Mineral Ave Libby, MT 59923

Estimated payment $16,043/month

Total Views 10,756
-- Bed
-- Bath
6,498 Sq Ft
$431 Price per Sq Ft

Highlights

  • City View
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Room
  • Double Pane Windows
  • Security System Owned
  • Baseboard Heating

About This Home

Discover an incredible opportunity to own a beautifully remodeled 17-room motel, proudly rated #1 in town! This thriving property is perfectly situated in the heart of downtown, and has a stellar reputation. The Evergreen boasts a strong customer base and excellent online reviews. The property features well-maintained gardens enhancing its curb appeal and creating a relaxing environment for guests. Located within walking distance to major amenities, including restaurants, shops, and entertainment, ensuring a steady flow of guests. With a robust reputation and prime location, this is an incredible investment opportunity. The Evergreen is not just a place to stay—it's a thriving business with excellent growth potential. The cap rate is 7%. There is an additional opportunity; the option to buy the house next door which is perfect for an owner-occupied residence or staff accommodation. Please inquire for more details.

Listing Agent

Ashley Miner

CENTURY 21 Summit Realty License #RRE-RBS-LIC-109160 Listed on: 10/03/2024

CENTURY 21 Summit Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,558

Year Built

  • Built in 1938

Home Design

  • Poured Concrete

Interior Spaces

  • 6,498 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • City Views
  • Unfinished Basement
  • Crawl Space
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Grab Bars
  • Breezeway
  • 0.43 Acre Lot

Community Details

  • 17 Units
  • Reception Area

Listing and Financial Details

  • Assessor Parcel Number 56417503324020000

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,558

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1938
  • Directions: Head southeast on W 9th St toward California Ave 387 ft Turn left after Subway (on the left) 135 ft Turn left 49 ft
  • Listing I D: 30034578
  • Lot Size Acres: 0.43
  • Road Frontage Type: City Street
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Unfinished
  • Appliances: Dryer, Microwave, Washer
  • Accessibility Features: Grab Bars
  • Basement YN: Yes
  • Fireplace: No
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Feat.: Breezeway
  • View: City
  • Waterfront: No
  • Disclosures: Disclosure on File, Seller Disclosure
  • Foundation Details: Poured, Basement
  • Property Condition: Updated/Remodeled

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available
  • Heating: Baseboard, Electric, Wall Furnace
  • Laundry Features: Laundry Room
  • Security: Security System Owned, Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • Green Building Features: Janitorial Service, Living Area, Private Restrooms, Reception Area, Sign(s)
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 18731.0
  • Parcel #: 56417503324020000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8558.06

Multi Family

  • Number Of Units Total: 17

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,219 $790,300 $0 $0
2023 $9,169 $790,300 $0 $0
2022 $5,674 $524,900 $0 $0
2021 $6,914 $524,900 $0 $0
2020 $6,993 $451,300 $0 $0
2019 $6,911 $451,300 $0 $0
2018 $7,082 $453,848 $0 $0
2017 $5,983 $453,848 $0 $0
2016 $4,602 $269,480 $0 $0
2015 $2,814 $269,480 $0 $0
2014 $3,416 $235,021 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $2,800,000 0.0% $431 / Sq Ft
05/09/2025 05/09/25 For Sale $2,800,000 -3.4% $431 / Sq Ft
04/24/2025 04/24/25 Off Market -- -- --
02/19/2025 02/19/25 Price Changed $2,900,000 -17.1% $446 / Sq Ft
10/14/2024 10/14/24 Price Changed $3,500,000 -12.5% $539 / Sq Ft
10/03/2024 10/03/24 For Sale $4,000,000 -- $616 / Sq Ft
Source: Montana Regional MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $348,056 Commercial
Closed $365,772 Commercial
Source: Public Records

Source: Montana Regional MLS

MLS Number: 30034578

Montana Regional MLS

APN: 56-4175-03-3-24-02-0000