1 S Broadway
Lima, MT 59739

$520,000

Status Active
Listing Commercial
Style Other
Year Built 1927
MLS® 384201
Original Listing Open Link
Commercial For Sale

Property Features
Big Opportunity! Big on size, big on strength, big on possibilities and big on value. For sale in Southwestern Montana a Hotel, Restaurant, Mercantile and Bank. It is 14,990 SF of building space, it has 20+ Hotel rooms, 4 skylights and over 60 windows! Two stories are tongue and grove fir floors. Starting with the original bank, turned residence. Floor to ceiling east windows flood in morning light and massive skylights keep it bright throughout the day. Wood and Italian tile cover the floors, and there's a cozy wood stove with a custom heat exchanger and hearth. There are newer appliances and a vintage 1920s ice box island. The room features a walk in pantry with oak and pine cupboards and vintage 3/4 inch pine restaurant shelving. The top kitchen cupboards are the same with oak doors. There's a Half Bath, an air lock front and back entry. And the original walk-in Bank Safe, a single poured unit! The bank has tall ceilings and two nice ceiling fans. Overall a a very large cozy room with a cabin feeling. Moving into the hotel building, the old restaurant seating area is now the large master bedroom. Featuring refinished fir floors, original 1920's solid oak French doors, a cozy wood stove with tiled back walls and brick flooring. Large widows flood the room with evening light. Including the old kitchen now master bath with tiled floor and an oversized tub. Then, you enter the original Hotel lobby with another beautiful array of east facing windows, with the stained glass windows for the top glass conveying. There is a large ceiling fan, the original check in desk and a timeless staircase! Then you have a full basement used as a workshop. And upstairs is full of unfinished motel rooms and storage space. Moving on to the Mercantile, now used as 3,200 SF of garage space! This also has a full unfinished basement with a working Elevator. And the upstairs is a continuation of the Hotel rooms. Outside the back door there is a separate barn with garages and an insulated chicken coop, and separate tool shed. There are lush garden beds, mature flowering plants and raspberries. And a good sized dog run. Newer large septic system installed along with original working system. Lima is situated in Montana's Southwestern corner, in the middle of the Rocky Mountains and nestled below the famed Lima Peaks. The area is known for open district Elk hunting, world class fly fishing and something for all outdoor enthusiasts.
Key Features
House Size 14990 Sq. Ft.
Lot Size 0.41 acres
Property Type Commercial
Year Built 1927
Style Other
Interior Features
Total Sq. Ft. 14990 Sq. Ft.
Heating Wood
Exterior Features
Lot Size 0.41 acres
Roof Unknown
The Neighborhood
County Beaverhead

Disclaimer: Copyright © 2023 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Laramie Smith
Listing Agent
Laramie Smith
Best of The West Properties
Direct: 406-660-7304
Broker: 406-660-7304
By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed or use prerecorded and artificial voice), and email, from TREB.com and real estate professionals and their network of service providers about your inquiry and other home-related matters. Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.
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By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed or use prerecorded and artificial voice), and email, from TREB.com and real estate professionals and their network of service providers about your inquiry and other home-related matters. Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.
Laramie Smith
Listing Agent
Laramie Smith
Best of The West Properties
Direct: 406-660-7304
Broker: 406-660-7304
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.