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Prime Main Street commercial location in Three Forks! A rare opportunity to own a versatile property with exceptional visibility and outstanding income potential in the Central Business District. Perfect for your business, an ideal live/work setup, Airbnb, long-term rental, owner-occupied income property, or multi-family investment. The property also offers the potential for an additional third rental unit or building (subject to City approval), providing even greater investment opportunities.
The property is connected to city water and city sewer and is not located in the floodplain.
Full of character, the property welcomes you with a charming front porch, real wood accents, and timeless brick details. The approximately 1,000± SF upper level features three bedrooms, one full bathroom, a spacious living room with a gas stove, and a large kitchen. The approximately 1,000± SF lower level includes two bedrooms, one bathroom, a full kitchen, dining area, gas stove, and washer and dryer.
The home has a proven rental history, with the upper and lower levels previously rented separately. There is space to install a stackable washer and dryer upstairs, and the lower level could easily be modified to include its own private entrance, creating two independent living units. Two newer water heaters provide ample hot water for multiple tenants or guests.
Why rent when you can own? Call your favorite realtor for a tour today!

• Sq Footage
  1972
• Acres
  0.16
• Days on Market
  15

Additional Features

• Building Area Total
  1972
• City
  Three Forks
• Contract Status Change Date
  2026-07-17
• Cooling
  Ceiling Fans
• Cumulative Days On Market
  6
• Directions
  From I-90, take Exit 278 toward Three Forks. Head north on Broadway St into town. Turn left onto Front St, then right onto S Main St. Continue south on Main St; the property will be on the left.
• Documents Count
  1
• Heating
  Forced Air, Natural Gas
• Heating
  Yes
• Latitude
  45.890243
• Listing Contract Date
  2026-07-11
• Listing Key
  1176985082
• List Price
  589000
• Living Area
  1972
• Longitude
  -111.551887
• Lot Size Acres
  0.16000
• Lot Size Square Feet
  6970
• MLS Area Major
  Greater Three Forks
• MLS Area Minor
  4 T C - Three Forks City
• MLS Status
  Active Under Contract
• Off Market Date
  2026-07-18
• Original List Price
  589000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  R D C10984
• Photos Count
  35
• Postal Code
  59752
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Sewer
  Public Sewer
• Standard Status
  Pending
• Subdivision Name
  Three Forks Original Plat
• Tax Annual Amount
  500.00
• Tax Legal Description
  THREE FORKS ORIG TWNSITE, S25, T02 N, R01 E, BLOCK 29, LOT 7 & 8, PLAT D-18
• Tax Year
  2025
• Unparsed Address
  423 S Main Street
• Utilities
  Electricity Available, Natural Gas Available, Sewer Available, Water Available
• Water Source
  Well
• Year Built
  1946

Let me show you this listing!