13
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$1,150,000
Est. payment /mo
9,384 SqFt
New
118 N Montgomery ST Philipsburg, MT 59858
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Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
Square Footage 9,384 sqft
Price per Sqft $122
MLS Listing ID 30077811
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,102
Tax Year 2025
Lot Size 8,929 Sqft
Acres 0.205
Property Sub-Type Building/Land
Property 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.
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.
Location
State MT
County Granite
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Garage No
Building
Foundation Other
Others
Tax ID 46157325108140000
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Glacier Sotheby's International Realty Missoula
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