Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Revitalized Mixed-Use Gem in Butte Title is generated by Realmo AI

    59 E Park Street, Butte, MT 59701

    View on Map
    Claim this Listing
    For Sale
    $3,000,000

    Commercial Sale, Other - Butte, MT

    Type:Condominium
    Property size:
    16,572 SF
    Price / SF:
    $181/SF
    Added:
    Apr 14, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 10 at 9:06 am

    Property Features for 59 E Park Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Condominium
    Zoning
    C3
    Standard status
    Active
    APN
    TBD
    Size
    16,572 SF

    Utilities

    Heating system
    Electric (Heating), Forced Air

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Trevor Bristol

    Listing agent Trevor Bristol

    Listing office Engel & Völkers Butte 116 West Granite, Butte, MT

    Listing date Apr 14, 2026

    MLS# 402862 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey mixed‑use property with 12 fully renovated residential units (4 two‑bedroom, 8 one‑bedroom).
    • Four ground‑level commercial spaces ready for build‑out.
    • Located in the heart of Uptown Butte, a vibrant and walkable district.
    • Strong rental demand potential.
    • Historic gem with character.
    • Electric and Forced Air Heating

    Overview

    This completely revitalized historic gem is located in the heart of Uptown Butte. This turnkey mixed-use property features 12 fully renovated residential units, including four spacious 2-bedroom units and eight modern 1-bedroom units, suitable for strong rental demand. The main building also includes four ground-level commercial spaces ready for build-out, offering exceptional potential for retail, office, or service-based businesses. The property is situated in a vibrant, walkable district rich with history and culture. The property size is 16572 square feet. The zoning is C3.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $332.1k $20.04
    − Vacancy −$46.8k −$2.83
    EGI $285.3k $17.21
    − OpEx −$71.3k −$4.30
    NOI $214.0k $12.91
    16,572 SF · lease $20.04/SF/yr · vacancy 14.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.06M
    $2.67M – $3.57M (±1% cap)
    NOI $213,957 @ 7.0% cap · market cap 7.13%
    Second Best
    Retail
    $2.42M
    $2.12M – $2.82M (±1% cap)
    NOI $169,482 @ 7.0% cap · market cap 5.65%
    Theoretical Best
    Office A
    $3.61M
    $3.16M – $4.21M (±1% cap)
    NOI $252,820 @ 7.0% cap · market cap 8.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Butte
    County
    Silver Bow
    State
    Montana
    Longitude
    -112.534186
    Latitude
    46.013181

    Nearby Similar for Sale

    • $600,000
      2,941 SF

      Restaurant and Food Production Facility

      Established tamale and pasty operation with updated production equipment and USDA certification for interstate shipping.
      1921 Harrison Avenue, Butte, MT 59701
      View Details
    • $2,750,000
      37,032 SF

      Butte Mixed-Use Commercial Building

      Move-in ready, versatile 37,000+ sq ft commercial building with parking.
      25 W Granite Street W, Butte, MT 59701
      View Details
    • $1,999,999
      51,179 SF

      Uptown Butte Commercial Opportunity

      Expansive 50,000+ sqft property suitable for redevelopment in Butte.
      68 W Broadway Street W, Butte, MT 59701
      View Details
    • $1,000,000
      27,600 SF

      Butte Mixed-Use Redevelopment Opportunity

      27,600 sq ft building suitable for commercial, retail, office.
      75 E Park Street E, Butte, MT 59701
      View Details
    • $139,900
      13,650 SF

      Established Bakery-Cafe Franchise Opportunity

      Turnkey bakery-cafe franchise with growth potential in Butte, Montana.
      1803 Harrison Avenue, Butte, MT 59701
      View Details
    • $3,000,000
      99,999 SF

      Revitalized Mixed-Use Gem in Butte

      Turnkey property with residential units and commercial spaces.
      59 E Park Street, Butte, MT 59701
      View Details
    • $1,999,999

      Uptown Butte Commercial Opportunity

      Expansive 50,000+ sqft space in the heart of Uptown.
      68 W Broadway Street, Butte, MT 59701
      View Details
    • $395,000
      4,890 SF

      Butte Duplex with Historic Charm

      Spacious duplex near hospital, Montana Tech, and uptown Butte.
      205 N Excelsior Avenue, Butte, MT 59701
      View Details
    • $395,000
      4,890 SF

      Butte Duplex with Historic Charm

      Spacious duplex near hospital, Montana Tech, and uptown Butte.
      205 N Excelsior Avenue, , MT 59701
      View Details
    • $218,880

      Commercial Space in Rudolph Condos

      Flexible commercial spaces in prime Uptown Butte location.
      59 E Park Street A, Butte, MT 59701
      View Details
    • $122,347

      Commercial Space in Rudolph Condos

      Flexible commercial spaces in prime Uptown Butte location.
      59 E Park Street C, Butte, MT 59701
      View Details
    • $265,000
      836 SF

      Well-Maintained Mobile Home on Corner Lot

      3-bedroom mobile home with upgrades, garage, and convenient location.
      1300 Sunrise Lane, Butte, MT 59701
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Turnkey mixed-use property with residential and commercial spaces in Uptown.
    Where is this mixed-use property located?
    The property is located at 59 E Park Street Butte, MT.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Turnkey mixed‑use property with 12 fully renovated residential units (4 two‑bedroom, 8 one‑bedroom).; Four ground‑level commercial spaces ready for build‑out.; Located in the heart of Uptown Butte, a vibrant and walkable district.
    (406) 498-5682
    We can help!
    Listing Contact
    Trevor Bristol
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    59 E Park Street, Butte, MT 59701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!