229 W Main Street, Thompson Falls, MT 59873
Sanders County
Key Facts
Description
Located in the heart of historic Thompson Falls with sweeping views overlooking the Clark Fork River, this beautifully remodeled 3,438 square foot property offers a rare blend of residential comfort, commercial flexibility, and investment potential. Zoned for both commercial and residential use, this versatile property opens the door to a wide range of possibilities—from a spacious primary residence to a live/work setup, boutique business location, mixed-use venture, or future investment opportunity. Inside, the home features three spacious bedrooms, three bathrooms, vaulted ceilings, expansive gathering spaces, and large windows that fill the interior with natural light while framing stunning river, mountain, and downtown views. The thoughtfully designed kitchen includes a large island, eat-in seating, and an adjacent dining area ideal for entertaining. An oversized cedar deck extends the living space outdoors, creating the perfect setting to enjoy Montana sunsets overlooking the river. Extensive updates throughout the property include plumbing, electrical, heating, cooling, insulation, windows, siding, and security systems—offering peace of mind alongside modern efficiency. What truly sets this property apart is its flexibility. A separate front retail/commercial space is currently configured for business use, while an existing framed doorway within the home allows for an easy connection between the residential living area and commercial space if desired. The lower walk-out basement level was once operated as a local ice cream shop and presents additional opportunity for retail, office, studio, service-based business, or creative commercial use. Whether you're looking for a beautiful place to live, a business opportunity with built-in character, or a unique property in one of western Montana’s most charming riverfront communities—this property deserves a closer look.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
MultiLevel / TriLevel
Year Built
1900
Living Area
3,438 sq ft
Lot Size
0.16 acres
Zoning
Commercial
Days on Market
102
MLS® Listing#
30067287
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Security
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$4,195
Tax year 2025
Parcel Number
35309108145100000
Directions
Google/Apple maps will bring you directly to the property.
Affordability Calculator
$119,800
Estimated monthly payment
$3,188/mo
Principal $479,200 · Est. interest $668,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Thompson Falls, MT
- $490,000
- Median Listing Price
- 64
- Median Days on Market
- 2,003
- Median Sq Ft
- $242
- Median Price / Sq Ft
- 310
- Active Listings
- This home’s price is 22% above the area median.
- Its price per sq ft is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Thompson Falls, MT.
Location
Points of Interest in Thompson Falls, MT
Showing the Thompson Falls area map.
Nearby Schools
Thompson Falls School District
School · 0.3 mi away
Thompson Falls Elementary School
Elementary · 0.4 mi away
Thompson Falls High School
Secondary · 0.9 mi away
Trout Creek School
Elementary · 20.7 mi away
Mullan Athletic Pavilion
School · 23.0 mi away
John Mullan Elementary School
Elementary · 23.0 mi away
Plains School District 1
Elementary · 23.0 mi away
Plains 7-8
Secondary · 23.0 mi away
St Regis 7-8
Secondary · 23.1 mi away
St Regis Public School
Elementary · 23.1 mi away
Wallace Miners
School · 28.6 mi away
Wallace Junior/Sr High School
Secondary · 28.6 mi away
Paradise School
School · 29.1 mi away
Silver Hills Elementary School
Elementary · 30.6 mi away
Hot Springs School
Secondary · 31.5 mi away
Noxon Public Schools
Secondary · 34.2 mi away
Superior High School
Secondary · 35.3 mi away
Superior Elementary
Elementary · 35.4 mi away
Head Start
School · 36.4 mi away
Silver Valley Christian Academy
School · 36.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 70 E Country Lane, Great Falls, MT | $425,000 | 3 | 2 | 1,405 |
| 2425 9th Avenue S, Great Falls, MT | $426,999 | 4 | 2 | 1,908 |
| 2212 Beech Drive, Great Falls, MT | $427,000 | 4 | 3 | 2,826 |
| 1420 13th Avenue SW, Great Falls, MT | $429,000 | 2 | 1 | 1,896 |
| 504 Greenwood Street, Thompson Falls, MT | $429,900 | 2 | 2 | 1,284 |
| 736 Skyline Drive NE, Great Falls, MT | $435,000 | 4 | 3 | 2,288 |
Moving Cost Estimate
EXIT Agents in Thompson Falls
Listing Courtesy: Engel & Völkers Western Frontier - Missoula - 4069263322
Presented by: Dawn Maddux
Last Updated: 2026-03-26