136 W Main Street, Hamilton, MT 59840

  • Active

 $2,900,000

  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • Sq.Ft.
  • Commercial
  • Active
  • MLS# 30073930
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

** New Price!! Also updated HVAC system currently being installed!! Call listing agents for more information REAL ESTATE ONLY. 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. There are 2 deeds for each of the buildings that are included in this listing see assessor #'s See supplemental remarks for more information 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 ( inventory and business available separately MLS #30073931 ) 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 Offered separately or in combination with the building ( MLS #30073742 ), Fords 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 75 years of continuous operation in the Hamilton market ~$700,000 in retail inventory (at retail value) actively maintained through transition Experienced staff in place and operational Fully equipped with fixtures and point-of-sale system Established brand recognition and community goodwill Offered at $499,000 ( MLS # 30073931 )| Combined with building: $4,999,900 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. Growing population base with strong local and regional retail demand Significant tourism draw from fly fishing, hunting, hiking, and the Bitterroot River corridor Limited quality commercial inventory in the downtown core this offering is genuinely rare Proximity to Missoula (approximately 45 miles north) with easy access to a regional employment and amenity base Acquisition Options What's Included This listing: Both structures, ~17,000 SF, upper-floor apartments & offices Optional: Business Only MLS# 30073931 Ford's inventory, fixtures, POS, goodwill, staff transition $499,000 Combined MLS# 30073742 Everything above building and business together $4,999,900

Property Details

General

  • County: Ravalli
  • Year Built: 1947
  • Lot Size: 0.2240

Financial Considerations

  • Tax Amount: $7,735
  • Tax Year: 2025

Activity

  • Days On Market: 134
  • List Date: 06/24/2026
 

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