810 Front ST

Forsyth,MT 59327

$ 400000

- Bed

- Bath

8778 SqFt


Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,778 sqft

Price per Sqft $45

MLS Listing ID 30028524

HOA Y/N No

Year Built 1951

Annual Tax Amount $3,019

Tax Year 2024

Lot Size 0.647 Acres

Acres 0.647

Property Description

Why buy a house, when you can buy a business with a home? Fantastic opportunity for a turnkey motel in the beautiful town of Forsyth, MT which is nestled between the Yellowstone River and I-94. The current owners for over the last 30 years have just had their best May with over $29K in gross revenues. The average room rate is around $90 with 20 rentable rooms. This is a two-person operation, plus housekeeping assistance during the busiest months. The owners’ residence is off the main office/lobby with 3 bedrooms/2 bathrooms and new carpeting installed with many upgrades to the kitchen. The Restwel boasts the nicest Jacuzzi King Suite in town and the only triple queen. For an additional $350K, an adjacent investment opportunity exists that could be packaged with this. Imagine owning the entire half block with 3 additional buildings. This additional property consists of two duplexes and a large garage with an apartment upstairs. All units are fully rented with long term tenants.

Location

State MT

County Rosebud

Zoning 1

Interior

Cooling Wall Unit(s)

Fireplace No

Exterior

Water Access Desc Public

Building

Foundation See Remarks

Sewer Public Sewer

Water Public

Others

Tax ID 29154023117010000

Special Listing Condition Standard

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