Property Description
Historic Stephens Hotel (Kaiser House Annex, c. 1890) at 118 N Montgomery Street in the Philipsburg National Register Historic District — one-half block off Broadway. Rare shovel-ready rehabilitation: architectural and civil plans are final and State-permitted. Pull the permit and begin.
The three-story brick landmark has been stripped and re-framed for mixed use. Street level is designed as a coffee house and retail gallery plus an approximately 19x21 professional office, with shared laundry and mechanical. Ten independently keyed residences range from 420 SF one-bedrooms to a 1,625 SF three-bedroom owner's suite with fireplace and crow's-nest access. First-floor ceilings approximately 15'; levels two and three approximately 12'. Mansard fourth-floor structure and dormers already in place. City water and sewer stubbed to the street. About 9,400–10,000 SF of building on ±0.21 acre (Original Townsite Block 6, Lots 11–13).
As a contributing historic-district building offered for income-producing use, the project is structured for stacked historic rehabilitation tax credits: 20% federal and 5% Montana on qualifying hard and soft costs (combined 25% of QRE). Depending on finish level, estimated credits are about $600,000 to $1,000,000. Credits are certification- and cost-dependent.
Views toward Discovery Ski Area; walk to the Sweet Palace, Philipsburg Brewing Company, sapphire shops, the Opera House Theatre and downtown Broadway. Operate as condos, long-term rentals, a boutique inn, or a hybrid serving ski and main-street tourism. Exterior concept restores the STEPHENS HOTEL sign band, coffee/hotel entries, terrace seating and on-site parking.
Offered at $1,150,000 with the permitted plan set. Buyer to verify square footage, utilities, remaining permit conditions, historic-tax-credit eligibility and all other due diligence items.
Property Details 118 N Montgomery Street, Philipsburg, MT 59858
General
- {{Item.Label}}: {{Item.Value}}
Interior Features
- {{Item.Label}}: {{Item.Value}}
Exterior Features
- {{Item.Label}}: {{Item.Value}}
Additional Features
- {{Item.Label}}: {{Item.Value}}
Schools
- {{Item.Label}}: {{Item.Value}}
Agent Compensation
- {{Item.Label}}: {{Item.Value}}
Financial Considerations
- {{Item.Label}}: {{Item.Value}}
Financial Considerations
- {{Item.Label}}: {{Item.Value}}
Size & Lot
- {{Item.Label}}: {{Item.Value}}
Utilities
- {{Item.Label}}: {{Item.Value}}
Activity
- {{Item.Label}}: {{Item.Value}}
Estimated Monthly Mortgage Calculator
This calculator is provided by Burrow Services, Inc. for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax, or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.