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169 S 2nd St, Hamilton, MT, 59840

--beds
--baths
--sqft
$899,000
--price/sqft
$5,253/moest. monthly cost
$210,120/yrincome needed

About This Home

Own a piece of Hamilton's history. This iconic 1910 building—originally the town's first movie theatre and fully restored in 2006—offers a rare chance to secure a landmark property in the heart of downtown. The main level features a flexible commercial space with exceptional visibility and steady foot traffic—ideal for retail, restaurant, office, gallery, or creative use. Upstairs, two well-designed apartments provide additional income or live/work possibilities. The building is currently occupied by three tenants, offering immediate cash flow with room for future upside. Current owner will be leasing back for 2-3 years. Positioned steps from Hamilton's busiest shops, dining, and year-round events, this property delivers unmatched exposure, historic character, and multiple revenue opportunities. Building is for sale only—business not included. A true Bitterroot Valley landmark ready for its next chapter.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

4/10
Hamilton Middle SchoolGrades 5-80.2 mi
8/10
Hamilton High SchoolGrades 9-120.9 mi
--
Washington SchoolGrades PK-K0.3 mi

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Features

  • High Speed Internet

Heating

  • Heating features: Has Heating (Unspecified Type)

Property

Lot

  • Lot size: 3,441 sqft

Parking

  • Parking features: Additional Parking,Alley Access,On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Avalanche
    AvalancheModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Wildfire
Winter Weather
Ice Storm
Lightning
Avalanche
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Ravalli County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance $250$3,000
Property Taxes $307$3,684
Electricity $151$1,812
Total$5,253$63,036

Income You'd Need if You Spent...

35% on housing$180,102/yr
40% on housing$157,590/yr
45% on housing$140,080/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.4%
13.4%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 59840$320
Ravalli County$330

vs Homes Sold Last Month

Median $/sqft

ZIP 59840
Ravalli County$296

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-09-27Listed for sale$899,000

For Sale by Agent

AgentJani Summers
BrokerageEngel & Völkers Hamilton

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