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$ 4,500,000
Est. payment /mo
New
136 W Main ST Hamilton, MT 59840
17,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
Square Footage 17,000 sqft
Price per Sqft $264
MLS Listing ID 30073930
HOA Y/N No
Year Built 1947
Annual Tax Amount $7,735
Tax Year 2025
Lot Size 9,757 Sqft
Acres 0.224
Property Sub-Type Building/Land
Property Description
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.
Offered separately or in combination with the building, Ford's Department Store is a 75-year
Bitterroot Valley institution.
The current ownership has been deliberate stewards of this community legacy. The sellers'
preference is to find a buyer who recognizes the value of what has been built — but the property
stands on its own merits regardless of intended use.
There are actually 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 ), Ford's 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
$4,500,000
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
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.
Offered separately or in combination with the building, Ford's Department Store is a 75-year
Bitterroot Valley institution.
The current ownership has been deliberate stewards of this community legacy. The sellers'
preference is to find a buyer who recognizes the value of what has been built — but the property
stands on its own merits regardless of intended use.
There are actually 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 ), Ford's 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
$4,500,000
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
Location
State MT
County Ravalli
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Garage No
Building
Foundation Poured
Others
Tax ID 13146725450010000
Special Listing Condition Standard
Listed by Real Estate Brokers of Montana