118 N Montgomery St, Philipsburg, MT

Name: 118 N Montgomery St, For Sale in Philipsburg - Zoocasa
Brand: Glacier Sotheby's International Realty Missoula
SKU: 30077811
Price: 1150000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,150,000

000

MLS® 30077811

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes $4,102

Days Active 2

Lot Size 0.205 Acres

Approx. Age 1900

MLS® Number 30077811

Property Address: 118 N Montgomery St, Philipsburg, MT, 59858-7596

Average square foot calculated using Size range provided by listing agent.

Description

Historic Stephens Hotel (Kaiser House Annex, c. 1890) at 118 N Montgomery Street in the Philipsburg National Register Historic District — one-half block off Broadway. Rare shovel-ready rehabilitation: architectural and civil plans are final and State-permitted. Pull the permit and begin. The three-story brick landmark has been stripped and re-framed for mixed use. Street level is designed as a coffee house and retail gallery plus an approximately 19x21 professional office, with shared laundry and mechanical. Ten independently keyed residences range from 420 SF one-bedrooms to a 1, 625 SF three-bedroom owner's suite with fireplace and crow's-nest access. First-floor ceilings approximately 15'; levels two and three approximately 12'. Mansard fourth-floor structure and dormers already in place. City water and sewer stubbed to the street. About 9, 400–10, 000 SF of building on ±0.21 acre (Original Townsite Block 6, Lots 11–13). As a contributing historic-district building offered for income-producing use, the project is structured for stacked historic rehabilitation tax credits: 20% federal and 5% Montana on qualifying hard and soft costs (combined 25% of QRE). Depending on finish level, estimated credits are about $600, 000 to $1, 000, 000. Credits are certification- and cost-dependent. Views toward Discovery Ski Area; walk to the Sweet Palace, Philipsburg Brewing Company, sapphire shops, the Opera House Theatre and downtown Broadway. Operate as condos, long-term rentals, a boutique inn, or a hybrid serving ski and main-street tourism. Exterior concept restores the STEPHENS HOTEL sign band, coffee/hotel entries, terrace seating and on-site parking. Offered at $1, 150, 000 with the permitted plan set. Buyer to verify square footage, utilities, remaining permit conditions, historic-tax-credit eligibility and all other due diligence items.

MLS® Number30077811

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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