120 W Broadway St, Unit Butte Butte, MT 59701

The Grand, a historic Butte landmark constructed between 1915 and 1916, presents a unique opportunity for investors. Originally built as a labor temple, the building features a 2-foot-thick brick exterior. Its history includes a period as a hotel, where it housed Golden Glove boxers under Senator Burton K. Wheeler. Later, the Bolter family and Bob Lequere acquired the property, establishing a high-altitude boxing training center. The basement, renovated in 2011, houses the Quarry Brewery and includes updated electrical and in-floor heating, and is under a long-term lease. The first floor, updated in 2013 with new electrical and plumbing, includes leased space for Derailed Bike Shop, a private party room, and two offices with a lobby. This floor features a 2x8 edge-set timber deck. The upper four floors, spanning 4,986 square feet each, are suited for development. These floors currently feature original lath and plaster construction and are suited for conversion into 20 apartments or condos, with a proposed mix of two-bedroom/two-bath, two-bedroom/one-bath, and studio units. The third floor can be cleared for an open layout, and the fifth floor offers 360-degree mountain views. Plumbing and electrical stubs are in place on the upper floors.