136 W Main Street

Description

REAL ESTATE ONLY. 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. There are 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 fast