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Historic Mixed-Use Building with Brewery
For Sale
$800,000

120 W Broadway Street, Butte, MT 59701

Commercial Sale, Other - Butte, MT

Property Size29,916 SF
Lot Size0.12 Acres
Price / SF$26.74
Days on Market40

Property Features for 120 W Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C3
Directions GPS will take you
Standard status Active
APN 0000497600
Size 29,916 SF
Lot size 0.12 Acres

Utilities

Heating system Forced Air, Natural Gas

Building Details

Year built 1900
Architectural style Other
Listing Agency: Engel & Völkers Butte
Listed By: Heather Choquette
Added: Jul 1 Changed: Jul 15 Last Checked: Aug 9 at 10:06PM
MLS# 412482

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.

Investment Insights

Based on property information with market context.

The Grand Hotel is a historic mixed-use building with approximately 29,220 square feet across six floors. The lower level is occupied by Quarry Brewing. The main floor features a renovated event venue and includes a stage, sound system, office space, storage areas, and restrooms, with a layout previously serving as the hotel’s lobby and reception area.

The building includes significant electrical, plumbing, and heating improvements on the lower floors. Original architectural details remain throughout, including hardwood flooring and a central light well that brings natural light into interior rooms. An original elevator shaft remains intact and could potentially be restored to support access to the upper floors.

Upper levels were formerly used as hotel rooms and remain largely untouched, with plumbing and electrical stubs already in place. A 2,100 square foot lot across the street is included in the sale, subject to buyer verification for future use.

Key Highlights

  • Historic mixed‑use Grand Hotel in Uptown Butte with +/- 29,220 SF across six floors
  • Lower level includes Quarry Brewing; main floor includes Derailed Bike Shop plus a renovated event venue
  • Main floor previously hotel lobby/reception; now features a stage, sound system, office, storage, and restrooms

Property Analytics

Current Use

The Derailed Bike Shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Veterinary Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

1,413
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Brewery - Six-floor historic building includes established lower-level brewing and main-floor event, with upper floors ready for future improvements.
Where is this brewery located?
The property is located at 120 W Broadway Street Butte, MT.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Historic mixed‑use Grand Hotel in Uptown Butte with +/- 29,220 SF across six floors; Lower level includes Quarry Brewing; main floor includes Derailed Bike Shop plus a renovated event venue; Main floor previously hotel lobby/reception; now features a stage, sound system, office, storage, and restrooms
More about this property
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