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Historic Mixed-Use Building
For Sale
$800,000

120 W Broadway Street, Butte, MT 59701

Commercial Sale, Other - Butte, MT

Property Size29,220 SF
Lot Size0.12 Acres
Price / SF$27.38
Days on Market40

Property Features for 120 W Broadway Street

General Information

Property type Commercial Sale
Property subtype Mixed Use
Zoning 6
View City, Mountain
Directions GPS will take you
Standard status Active
APN 01119713113150000
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 11:06PM
MLS# 30073692

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 featuring approximately 29,220 square feet across six floors. The lower level is home to Quarry Brewing, while the main floor includes Derailed Bike Shop and a renovated event venue. The main level previously served as the hotel’s lobby and reception area and now offers a stage, sound system, office space, storage areas, and restrooms. Significant electrical, plumbing, and heating improvements have been completed on the lower floors.
The upper levels were formerly used as hotel rooms and remain largely untouched. Plumbing and electrical stubs are already in place, and the existing configuration supports a range of future layouts. Many original architectural details remain, including hardwood flooring and a central light well that brings natural light to interior rooms. The original elevator shaft is intact and may be restored to serve the upper floors.
The sale also includes a 2,100 square-foot lot across the street, providing added flexibility for future use, subject to buyer verification. The property is zoned “6.”

Key Highlights

  • Historic mixed‑use building with +/-29,220 SF across six floors
  • Lower level tenant Quarry Brewing plus main‑floor tenants Derailed Bike Shop and a renovated event venue
  • Significant electrical, plumbing, and heating improvements completed on the lower floors

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

Multi-tenant
Tenancy

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Brewery - Six-floor historic building with established lower-level brewing and main-floor retail/event space, plus upper levels with utilities stubbed.
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 building with +/-29,220 SF across six floors; Lower level tenant Quarry Brewing plus main‑floor tenants Derailed Bike Shop and a renovated event venue; Significant electrical, plumbing, and heating improvements completed on the lower floors
More about this property
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