UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 2,198 sqft
Price per Sqft $136
MLS Listing ID 400333
Year Built 1939
Annual Tax Amount $1,377
Tax Year 2024
Lot Size 0.279 Acres
Acres 0.279
Property Sub-Type Building
Property Description
Set at the base of the Ruby Mountains, this one-of-a-kind property offers the chance to live, work, invest, and recreate in the heart of Montana's Ruby Valley. Once home to the Alder Market, the building has been thoughtfully renovated into a comfortable residential space while retaining its commercial potential.
The updated property features 3 bedrooms and 2 bathrooms. Additional income opportunities include the Alder Post Office, which provides steady monthly rental income, along with two RV sites with full hookups that can accommodate guests, travelers, or additional rental use.
Just minutes from Ruby Reservoir and surrounded by extensive public lands, the property offers exceptional access to year-round recreation. Fly-fishing on the Ruby River, big game hunting, hiking, mountain biking, boating, camping, and exploring the Ruby Mountains are all close at hand.
With its flexible use potential, income-producing features, and seller financing available, this property could serve as a full-time residence, vacation rental, commercial venture, investment property, or basecamp for everything the Ruby Valley has to offer.
Whether you are looking for a Montana retreat, an income-producing property, or a place to build a business around the outdoor lifestyle, this distinctive Alder property offers a rare combination of location, versatility, and opportunity.
Location
State MT
County Madison
Area Madison/Beaverhead/Jefferson
Direction Corner of MT Hwy 287 and Upper Ruby Rd
Interior
Heating Forced Air
Cooling Wall/ Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Fiber Optic Available, Propane, Sewer Available
Water Access Desc Community/Coop,Well
Building
Water Community/ Coop, Well
Others
Tax ID 0003004500
Ownership Full
Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing
Listing Terms Cash, 1031 Exchange, 3rd Party Financing
Special Listing Condition None