Hamilton, MT136 W Main Street
Price$4,499,000
MLS Number 30073742
- CommercialSale Commercial Sale
- Property SubType Building/Land
- Square Feet 17,000
- Acreage 0.22
Rarely does a commercial property of this caliber come to market. Situated in the heart of downtown Hamilton, Montana, this iconic two-building complex represents approximately 17,000 square feet of well-maintained, historically significant commercial real estate - home to the same beloved retail institution for 75 consecutive years. It is a cornerstone of the Bitterroot Valley community, a proven commercial address, and a canvas for an extraordinary range of future uses. Whether you are a visionary entrepreneur, a real estate investor, or a developer seeking a trophy asset in one of Montana's most vibrant small markets, this offering demands your attention. This listing is in combination with 2 buildings & the Ford's Department Store ( a 75-year Bitterroot Valley institution ). The current ownership has been deliberate stewards of this community legacy. The sellers' preference is to find a buyer who recognizes the value of what has been built - but the property stands on its own merits regardless of intended use. There are actually 2 deeds for each of the buildings that are included in this listing see assessor #'s See supplemental remarks for more information Listed 3 ways: This listing~ Both buildings and the Fords Department Retail Business OR Building alone ~ MLS# 30073930 OR Business alone MLS # 30073931 The Buildings Size & Structure Two connected commercial buildings totaling approximately 17,000 square feet Ground floor: expansive retail showroom - currently operating as a full-service department store Upper floor: two beautifully finished residential apartments + multiple private offices Offices on the upper level offer strong conversion potential for additional residential units or professional suites Condition & Character The buildings have been exceptionally maintained throughout their operational history. Ownership has taken pride in ongoing updates, cleanliness, and preservation of the property's structural and aesthetic integrity. This is a turn-key asset - not a renovation project. Consistently updated and remodeled over the decades Excellent structural condition throughout Iconic historic facade with strong street presence on a prime downtown block Beloved and recognized by the Hamilton community - reputation built over three generations. Income & Use Potential Residential Upside The upper floor presents an immediate opportunity to generate rental income. Two finished apartments are move-in ready, and the remaining office spaces are well-positioned for conversion to additional residential units - a compelling proposition in today's Montana housing market. Commercial Flexibility The ground floor footprint - with its high ceilings, wide open layout, and established loading and access - accommodates an enormous range of retail, hospitality, office, or mixed-use concepts. Downtown Hamilton's growing foot traffic and tourism profile make this a particularly attractive destination address & business. Potential Use Scenarios Continue existing retail department store operations Boutique hotel, inn, or event venue conversion Mixed-use redevelopment: ground-floor retail/restaurant + upper residential Professional office complex with residential above Brewery, distillery, or specialty food and beverage destination Arts, gallery, or community anchor with private offices above The Business - Ford's Department Store Ford's Department Store is a 75-year Bitterroot Valley institution. The business includes an active retail operation with experienced staff, an established point-of-sale system, and an estimated $700,000 in retail inventory (at retail value). Fixtures and equipment are included. Notably, ownership is continuing to operate and actively replenish inventory through the transition - the business will transfer to a new owner as a fully stocked, going-concern operation. Business Highlights o 75 years of continuous operation in the Hamilton market o ~$700,000 in retail inventory (at retail value) - actively maintained through transition o Experienced staff in place and operational o Fully equipped with fixtures and point-of-sale system o Established brand recognition and community goodwill Hamilton is the county seat of Ravalli County and the commercial hub of the Bitterroot Valley - one of Montana's fastest-growing regions. With strong in-migration, a thriving outdoor recreation economy, and a tight inventory of quality commercial properties, Hamilton presents a compelling long-term investment environment. o Growing population base with strong local and regional retail demand o Significant tourism draw from fly fishing, hunting, hiking, and the Bitterroot River corridor o Limited quality commercial inventory in the downtown core - this offering is genuinely rare o Proximity to Missoula (approximately 45 miles north) with easy access to a regional employment and amenity base Acquisition Options What's Included: Everything above - building and business together $4,999,900 Building & Business can be offered separately : Building Only Both structures, ~17,000 SF, upper-floor apartments & offices $4,500,000 Business Only Ford's inventory, fixtures, POS, goodwill, staff transition $499,000 Buyer inquiries are subject to execution of a Non-Disclosure Agreement. Additional financial documentation, lease summaries, and operational detail will be provided upon NDA completion
Listed by Kim Bennett and Darra Norgaard of Real Estate Brokers of Montana
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