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Historic Mixed-Use Building
For Sale
$800,000

120 W Broadway Street, Butte, MT 59701

Butte, MT

Property Size29,220 SF
Price / SF$27.38
Days on Market103

Property Features for 120 W Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Amenities

stage
sound system
office space
storage areas
restrooms
hardwood flooring
central light well

Building Details

Year built 1900
Listing Agency: Engel & Volkers Butte · Engel & Völkers
Listed By: Heather Choquette · License #RRE-RBS-LIC-79565
Added: Jul 1 Changed: Oct 10 Last Checked: Oct 11 at 4:06AM
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 six-floor mixed-use property totaling approximately 29,220 square feet. Quarry Brewing occupies the lower level, and Derailed Bike Shop and a renovated event venue are on the main floor. The venue includes a stage, sound system, office space, storage and restrooms. Electrical, plumbing and heating work has been completed on the lower floors. Hardwood floors and a central light well remain among the building’s historic details, and the original elevator shaft is intact; restoration could allow service to the upper floors.

The four upper levels retain a layout from their former use as hotel rooms, with plumbing and electrical stubs in place. Preliminary concepts have considered up to 20 residential units on floors 3 through 6, with studio, two-bedroom and two-bedroom/two-bath configurations. The sale also includes a 2,100-square-foot lot across the street. The property is in Uptown Butte near restaurants, entertainment and local businesses.

Key Highlights

  • Approximately 29,220 square feet across six floors
  • Quarry Brewing, Derailed Bike Shop and a renovated event venue occupy the lower levels
  • Main‑floor venue includes a stage, sound system, office, storage and restrooms

Property Analytics

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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
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Commercial businesses and an event venue operate on the lower levels, while four upper floors retain their former hotel-room configuration.
Where is this mixed-use property 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: Approximately 29,220 square feet across six floors; Quarry Brewing, Derailed Bike Shop and a renovated event venue occupy the lower levels; Main‑floor venue includes a stage, sound system, office, storage and restrooms
More about this property
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