101 E Lincoln BoulevardLibby, MT 59923

Description

Bring new life to one of Libby's most recognizable landmarks. Built in 1916, the Historic Libby High School stands as a striking example of Collegiate Gothic architecture and was proudly placed on the National Register of Historic Places in 2008. Situated on a 1.74 acre lot in the heart of downtown Libby, Montana, this impressive approximately 30,000 square foot brick structure offers two floors plus a full basement and tremendous redevelopment potential. The building is currently in the demolition and reconstruction phase, leaving a mostly open shell ready for visionary transformation. While the structure requires extensive repairs, the bones of the building remain, including soaring 12-foot ceilings, and distinctive architectural details that create the perfect canvas for an adaptive reuse project. More This property presents an exceptional opportunity to develop loft-style apartments, mixed-use commercial and residential space, creative live/work units or boutique hospitality or community-focused redevelopment. Its central downtown location places the project within walking distance of Libby's businesses, services, and community amenities, making it ideal for a vibrant redevelopment. Even more compelling, the project qualifies for significant preservation incentives, including, a Federal Historic Rehabilitation Tax Credit and a Montana Historic Preservation Tax Credit. These programs can substantially offset renovation costs and make restoring this landmark financially attractive. Help bring this iconic structure back to life -- and create the project everyone in town will be talking about!

Property Information

Property type

Commercial Sale

Year built

1916

Building area

30,000 Sq Ft

Lot size

1.74 acres

Days on market

212

MLS^® Listing#

30066390

Property Features

Basement

Full

Construction

Brick

Foundation

See Remarks

Utilities

Electricity Connected

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$2,056Tax year 2025

Parcel number

56417503326040000

Directions

From the intersection of Hwy 2 and Mineral Ave. go North 1 block. Property is on the right.