30,000 sqft
$950,000
101 E Lincoln Boulevard, Libby MT, 59923
Price per sqft$31.67
Built in1916
Property size30,000 sqft
Property typeCommercial
Overview
Active
Listed Mar 9, 2026
Updated Jul 2
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!
Additional information
- MLS® ID
- 30066390
Interior Features
- Basement
- Yes
Exterior Features
- Lot Size
- 1.74 Acres
Other Property Details
- Taxes
- $2,056
- Tax Frequency
- Annually
Courtesy of CENTURY 21 Summit Realty
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