313 Main Street Medicine Lake, MT $ 300,000
313 Main Street
$ 300,000
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313 Main Street

Medicine Lake, MT, 59247
$ 300,000
Bedrooms-- Baths-- Sq 8,100

Monthly Estimate*

$ 1,872

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Commercial Property for sale in Medicine Lake, MT

for $300,000. This 8,100 square foot building was built in 1920 on a lot size of 0.522.

Check out this Unique property in downtown Medicine Lake, Montana! Built in 1920 and completely remodeled in 2013. This property includes a three-story apartment building housing 10 apartments, a house right next to the apartment building, a one stall garage and two lots. The apartments has 3- two bedroom/one bathroom units, 5-one bedroom/one bathroom units and 2 studio units, the building also includes a shared laundry room. All appliances and furniture are included. The home next door has been used for a rental house in the past but is currently not being rented. There is 7 occupied apartments and the seller usually keeps two available for short-term renting. This is a great investment opportunity suitable for both long-term and short term rentals, competitive leasing rates with good rental history.

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Commercial Active

Price

$ 300,000

Property Type

Commercial

Taxes

$ 6,500

Style

Commercial

Lot Size

0.522

Year Built

1920

Town/City

Medicine Lake

County/Region

Sheridan

MLS | Web ID

4019764

Features
General
Amenities Laundry
Sewer Public Sewer
Heating Baseboard Electric Radiant
Cooling Ceiling Fan(s) Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Phone Available Sewer Connected Trash Pickup - Public Water Connected
Possession Close Of Escrow
Roof Shingle
Garage Yes
Zoning R1
Number of Garage Spaces 1.00
Architctural Style Apartment Style
County Sheridan
Levels Three Or More
Business Type Other
Property Type C
Area Outlying Towns MT
Sub Area Outlying Towns MT NE
Accessibility Features No
Tax Year 2024
Status Active
Lot Sqft 22750.00
Construction Materials Block Concrete Vinyl Siding
Sub Type Commercial
Year Built 1920
City Medicine Lake
Taxes 6500.00
List Price/SqFt 37.04
Legal Description MEDICINE LAKE ORIG TOWNSITE S25 T32 N R55 E BLOCK3 LOT 3-4 LOT 5-6 LOT 7 LOT 8-9
Street Name Main
Public Remarks Check out this Unique property in downtown Medicine Lake Montana! Built in 1920 and completely remodeled in 2013. This property includes a three-story apartment building housing 10 apartments a house
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Exterior
Exterior Features None
Lot Features Rectangular Lot
Foundation Block
Fencing Vinyl
Lot Dimensions 50x130 50x130 50x130l
Other Structures Guest House
Water Source Public
Parking Features Additional Parking Alley Access Paved
Lot Acres 0.5220
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Interior
Basement Concrete Egress Windows Finished Storage Space Walk-Out Access
Flooring Concrete Linoleum Vinyl
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* Excluded Features
List By
Samantha Berntson

Listing Agent

Basin Brokers Realtors

Broker

(701) 572-5560

Phone

samantha@basinbrokers.com

Email

Affordability Calculator

$2,413
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,872
Monthly Property Taxes
$542
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2403247 Elementary School
2403252 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/31/2025$300,000 Listed Price

Map


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313 Main Street, Medicine Lake, MT, 59247 is a Commercial Property for sale at $300,000 with 8,100 sqft and a lot size of 0.522. 313 Main Street was built in 1920. The property's zip code is 59247 which is in Medicine Lake, MT