450 Montana Ave, Lovell, WY 82431

$325,000

Property Description

Income producing commercial real estate in downtown Lovell, Wyoming with room to develop/expand. The property offers 3 apartment units and an additional rental space currently being operated as a beauty salon. Updates and amenities include a newer roof, furnace, hot water heater, new paint and flooring, new LED lighting, new vanities, vinyl siding, handicap accessibility to salon and lots of off-street parking. 2 apartments have 1 year leases, 1 apartment is a month to month rental and the salon is a month to month rental. The seller pays all utilities (approximately $350 per month). Tenants remove all snow. The location is excellent and a very short walk to main street and local businesses, a short drive to the Big Horn Mountains for outdoor recreation on National Forest with hiking, ATV and horseback riding, fishing, camping and hunting galore. Cody, Wyoming is less than a 1 hour drive and Yellowstone National Park is just down the road.

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Listing courtesy of Canyon Real Estate, LLC.