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$ 1,099,000
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Active
101 E Lincoln BLVD Libby, MT 59923
30,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
Square Footage 30,000 sqft
Price per Sqft $36
MLS Listing ID 30066390
HOA Y/N No
Year Built 1916
Annual Tax Amount $2,056
Tax Year 2025
Lot Size 1.740 Acres
Acres 1.74
Property Sub-Type Building/Land
Property Description
Bring new life to one of Libby's most recognizable landmarks. Built in 1916, the Historic Libby High School stands as a striking example of Collegiate Gothic architecture and was proudly placed on the National Register of Historic Places in 2008. Situated on a 1.74 acre lot in the heart of downtown Libby, Montana, this impressive approximately 30,000 square foot brick structure offers two floors plus a full basement and tremendous redevelopment potential. The building is currently in the demolition and reconstruction phase, leaving a mostly open shell ready for visionary transformation. While the structure requires extensive repairs, the bones of the building remain, including soaring 12-foot ceilings, and distinctive architectural details that create the perfect canvas for an adaptive reuse project. More This property presents an exceptional opportunity to develop loft-style apartments, mixed-use commercial and residential space, creative live/work units or boutique hospitality or community-focused redevelopment. Its central downtown location places the project within walking distance of Libby's businesses, services, and community amenities, making it ideal for a vibrant redevelopment. Even more compelling, the project qualifies for significant preservation incentives, including, a Federal Historic Rehabilitation Tax Credit and a Montana Historic Preservation Tax Credit. These programs can substantially offset renovation costs and make restoring this landmark financially attractive. Help bring this iconic structure back to life -- and create the project everyone in town will be talking about!
Location
State MT
County Lincoln
Rooms
Basement Full
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Connected
Water Access Desc Public
Garage No
Building
Foundation See Remarks
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Tax ID 56417503326040000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by CENTURY 21 Summit Realty
NEARBY SCHOOLS & PROPERTIES