$704,000

Step into history with the 1911 Absorakee Hotel, known as the Jay Apartments since the 1950s. This substantial brick building is located just 100 feet from the town's main intersection. With a history of near 100% occupancy, this 11 unit property boasts centrally metered electrical service per unit & radiant heat. The basement offers laundry facilities, mechanical rooms & potential storage units, (second-floor units are arranged hotel-style). Conversion possibilities include: upscale B&B, small hotel, condo, commercial office space. Consisting of 2 tracts, the northern plot is buildable (currently serving as green space). Absarokee is the gateway to the recreational Stillwater Valley & Tippit Rise cultural center. Just 30 miles away, Red Lodge boasts ski resorts & dining, while I-90 & the Yellowstone River sit 19 miles north. Billings/Bozeman offer convenient air connections.