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120 W Broadway Street

Butte, MT 59701
  • $1,800,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 377718
UPDATED: 75 min ago
$1,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 29,220
    SQFT
  • $62
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Located in Uptown Butte, the Grand Hotel is a (+/-) 29,220 SF mixed-use property situated on a 5,140 SF lot. Built in 1900, The Grand Hotel is comprised of six floors that are (+/-) 4,870 SF each. The Quarry Brewery occupies the lower level and the Derailed Bike Shop and a private event space occupy the ground level. Floors 3-6 are considered shell space that were formerly used as hotel rooms for the Grand Hotel. The current structural engineering allows for 5 condos units per floor, on floors 3-6, for a total of 20 units. The proposed floor plan features three 2 BR/2 BTH, one 2 BR/1 BTH and 1 studio unit. This adaptive reuse project is ideal for an investor looking for an iconic building that generates income with tremendous upside per the 20-unit condo project. This property is located in a Qualified Opportunity Zone, eligible for Historic Tax Credits, and within the URA District to incentives revitalization. The 2,091 SF vacant lot on Broadway Street is included in this offering.

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© 2022 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gallatin Realty Group. Data last updated: 2022-12-07T23:51:11.197.
www.gallatinrealtygroup.com/homes/134239108
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120 W Broadway Street Butte, MT 59701

  • Price: $1,800,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 75 min ago
  • MLS #: 377718
0
Beds
0
Baths
0
½ Baths
N/A
Acres
29,220
SQFT
$62
$/SQFT
1900
Built
Neighborhood:
10Bne - Butte - N Of Front, E Of Montana
County:
Silver Bow
Area:
10Bne - Butte - N Of Front, E Of Montana
Property Description
Located in Uptown Butte, the Grand Hotel is a (+/-) 29,220 SF mixed-use property situated on a 5,140 SF lot. Built in 1900, The Grand Hotel is comprised of six floors that are (+/-) 4,870 SF each. The Quarry Brewery occupies the lower level and the Derailed Bike Shop and a private event space occupy the ground level. Floors 3-6 are considered shell space that were formerly used as hotel rooms for the Grand Hotel. The current structural engineering allows for 5 condos units per floor, on floors 3-6, for a total of 20 units. The proposed floor plan features three 2 BR/2 BTH, one 2 BR/1 BTH and 1 studio unit. This adaptive reuse project is ideal for an investor looking for an iconic building that generates income with tremendous upside per the 20-unit condo project. This property is located in a Qualified Opportunity Zone, eligible for Historic Tax Credits, and within the URA District to incentives revitalization. The 2,091 SF vacant lot on Broadway Street is included in this offering.
Exterior Features

Other Parking 1-10 Spaces Parking Features GravelOn Street Road Frontage Type

Interior Features

Above Grade Finished Area 0 Building Area Total 29220 Cooling Ceiling Fan(S) Heating BaseboardElectric Heating YN Yes

Property Features

Additional Parcels Description 0000497600 Business Type Live/Work Listing Terms Cash3Rd Party Financing Ownership Full Possession Closing Possible Use CommercialDevelopmentHotel/MotelIndustrialManufacturingMulti-FamilyOfficeRestaurantRetailSpecial UseWarehouse Property Sub Type Additional BuildingCommercial Property Subtype Building Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 9050 Tax Year 2021 Utilities Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning Description C3 - Central Commercial

Listing courtesy of Michael Reams of Starner Commercial Real Estate: (406) 586-0302. © 2022 Big Sky Country MLS. All rights reserved.


© 2022 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gallatin Realty Group. Data last updated: 2022-12-07T23:51:11.197.
 
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Gallatin Realty Group
PO Box 3105
Bozeman MT, 59772