Have you ever dreamed of owning and publishing a small-town newspaper while also investing in a highly visible Main Street property in rural Montana? This is a rare opportunity to purchase The Times Leader along with the building that serves as its headquarters in the heart of Fairfield, Montana. What is now The Times Leader has evolved from The Fairfield Sun Times, The Sun Valley Sun and the Fairfield Times, originally established in 1916. Small towns remain incredibly loyal to their local newspapers, and this publication enjoys strong community support throughout the region. Since taking over in 2007, the seller has grown the paper to approximately 430 subscribers with distribution reaching Augusta, Fairfield, Choteau, Sun River, Simms, Vaughn and Great Falls. Advertising revenue has historically been strong, at times reaching as much as 80 percent of the paper’s income. In addition to the regular publication, the business produces specialty editions and programs for local events including the Augusta Rodeo, graduations and swim day, along with printing services such as NCR forms, custom envelopes and carbon forms. Additional revenue is generated through an association with newspaper website, which catalogs newspapers. The sale includes office furniture, shelving, equipment and supplies necessary to continue operations, including a Risograph G3750, Martin Yale paper folder, paper drill, bindery stapler, padding machine, paper cutter, plastic binder, microfilm reader and bound historic editions of the Fairfield Sun Times, Sun Valley Sun and Wheat Center Newspaper. The building itself offers a prime Main Street location and was built in 1964. Inside the approximately 2,300-square-foot building, you’ll find a reception area with metal wainscoting and built-in shelving, two offices, storage space, a large flex room, a full bathroom with tub and shower. and an oversized garage with access to owned alley parking. Flooring is sturdy carpet and concrete, and portions of the roof and siding are metal. Fairfield is an incorporated city and this property is located in Zone 6. Unlike many neighboring communities, Fairfield allows commercial properties to be converted to residential use, opening the door to mixed-use possibilities, residential conversion, business-only use or even a nightly rental opportunity in a town with limited lodging options.
If location, location, location matters, you will not want to miss the opportunity to invest in this high profile building on the main street of rural Fairfield, Montana. It is currently being utilized as the headquarters for the local paper. Find a main reception area with good-looking metal wainscoting and a wall of built-in shelves, two offices, storage, a big flex room, a FULL bathroom with shower and tub and an oversized garage. Roof and some siding is metal. The floors are sturdy carpet and concrete. Fairfield is an incorporated city and this is in Zone 6. Many neighboring towns won't allow commercial properties to be used as residential, but Fairfield does, so take advantage of that and can convert to a home, or envision a mixed use scenario of business AND home or retain as business-only. With little lodging in town, consider a nightly rental. Built in 1964, the building is 2300'. The garage faces owned parking against an alley.
Fairfield is located in Montana. Fairfield, Montana has a population of 699. Fairfield is less family-centric than the surrounding county with 31.28% of the households containing married families with children. The county average for households married with children is 33.74%.
The median household income in Fairfield, Montana is $66,467. The median household income for the surrounding county is $60,431 compared to the national median of $69,021. The median age of people living in Fairfield is 36.8 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 11.9 inches per year, with 42.7 inches of snow per year.
