Retail Building with Flexible
For Sale
$389,000
2000 Farragut Avenue, Butte, MT 59701
CommercialSale, Butte, MT
Property Size2,476 SF
Lot Size0.28 Acres
Price / SF$157.11
Days on Market393
Property Features for 2000 Farragut Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C
Directions
GPS will get you there
Subdivision
10BE - Butte - E of Harrison to 4 Mi V
Standard status
Active
APN
0000827200
Size
2,476 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
DALY ADD, S20, T03 N, R07 W, BLOCK 25, LOT 1 - 4
Tax Annual Amount
3493
Legal Description
DALY ADD, S20, T03 N, R07 W, BLOCK 25, LOT 1 - 4
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
full bath with a shower
air conditioning
storage room
Building Details
Year built
1977
Listing Agency:
RE/MAX Premier · RE/MAX International
(406) 299-3500
Listed By:
Andre Graa · License #RBS-38542
(406) 491-0774
Added: Sep 9, 2025
Changed: Oct 6
Last Checked: Oct 6 at 7:06PM
MLS# 405703
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,476-square-foot retail building, constructed in 1977, sits on a 0.2755-acre parcel. Its interior includes a full bathroom with a shower and a sizable storage room at the rear. Central air conditioning and forced-air, natural gas heating serve the building.
Pavement extends around the property and provides on-site parking. Public water and public sewer serve the site. The interior may be divided to accommodate two separate businesses.
Pavement extends around the property and provides on-site parking. Public water and public sewer serve the site. The interior may be divided to accommodate two separate businesses.
Key Highlights
- 2,476 square feet on a 0.2755‑acre parcel
- Interior may be divided for two businesses
- Paved area around the building provides on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,322
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,440
$506.4K
Cap Rate 7%
$361,743
$361.7K
Cap Rate 9%
$281,356
$281.4K
Market Conditions
NOI Build-Up for 2,476 SF
Gross rent
$37.1K $15.00/SF
− Vacancy
−$966 −$0.39/SF
EGI
$36.2K $14.61/SF
− OpEx
−$10.9K −$4.38/SF
NOI
$25.3K $10.23/SF
Area
Silver Bow County, MT
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,440
Cap Rate 7%
$361,743
Cap Rate 9%
$281,356
Alternative Uses
Best Use
Retail
$361.7K
$316.5K – $422.0K
NOI $25,322 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$539.6K
$472.2K – $629.6K
NOI $37,773 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
O'Reilly Auto Parts
Shops & Services
4,048 visits/mo
0.5 miles
Demographics for 59701, MT
33,937
Population
16,834
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
509.7 sq mi
ZIP Area
67
Density / Sq Mi
$56,799
Median Household Income
$34,793
Median Earnings
$811
Median Rent
$219,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - The building includes a full bathroom with a shower, central air conditioning, and a large rear storage room.
Where is this retail space located?
The property is located at 2000 Farragut Avenue Butte, MT.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 2,476 square feet on a 0.2755‑acre parcel; Interior may be divided for two businesses; Paved area around the building provides on‑site parking
