MT
Ravalli
Hamilton
59840
136 W Main Street
136 W Main Street, Hamilton, MT 59840
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Listing Type
Commercial/Industrial
Listing Status
Active
82
$4,500,000

Home Details for 136 W Main Street

Price
$4,500,000
Type
Commercial Sale
Year built
1947
Lot size acres
0.224
County
Ravalli
Basement
Concrete
MLS Listing#
30073930
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

Property Features
  • Basement
    • Concrete
Listing Courtesy: Real Estate Brokers of Montana - 406-531-7791
Presented by: Kim Bennett
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Montana Regional MLS (MRMLS). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Montana Regional MLS. All Rights Reserved.
Last Updated: 2026-07-01 01:20:38
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EXIT REALTY BITTERROOT VALLEY SOUTH
301 N 1st., St. Unit 1, Hamilton, MT 59840
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406 375 9251
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