Property summary
This exceptional mixed-use property, located at 39 E Park Street in Butte, Montana, presents a unique investment opportunity. The building, constructed in 1889 and situated on the Historical Registry, boasts a substantial 11,466+ square feet on a 4,704 square foot lot. The main floor features recently installed windows, a new sidewalk, and a new sewer connection in the basement. A walk-in cooler is included in the kitchen area, along with two bathrooms and a small office. The upper levels offer significant potential for development, highlighted by charming rounded balconies providing expansive valley views. The building's rear parking area is currently under lease. Faithfully restored bays maintain their original turn-of-the-century appearance, with "mock" windows painted on the Northwestern Energy side to reflect original window replacements. Zoned C-3, this property offers unlimited possibilities within Butte's vibrant historic uptown district. The asking price is $699,999. This is a rare chance to acquire a piece of Butte's rich history and capitalize on its promising future. The property's size, location, and historical significance make it an ideal investment for a discerning buyer seeking a unique and potentially lucrative venture.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · Butte, MTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C3 in Butte, MT.
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