120 W Broadway Street, Butte, MT 59701

The Grand Hotel is a historic mixed-use building totaling approximately 29,220 square feet across six floors. The lower level is currently occupied by Quarry Brewing. The main floor features a renovated event venue as well as Derailed Bike Shop, with the former hotel lobby and reception areas now configured with a stage, sound system, office space, storage, and restrooms.

The building retains original architectural features, including hardwood flooring and a central light well that brings natural light to interior rooms. Improvements have been completed on the lower floors, including electrical, plumbing, and heating work. The original elevator shaft remains intact and could potentially be restored. The upper levels (floors 3 through 6) were formerly hotel rooms and are largely untouched, with plumbing and electrical stubs already in place.

For a buyer or operator, the property offers established commercial tenancy on the lower floors and substantial additional space for redevelopment on the upper levels, subject to approvals and verification. Preliminary concepts discussed in the offering envision up to 20 residential units across floors 3 through 6, and the building’s existing layout is described as supporting a range of studio and two-bedroom configurations. The sale also includes a separate 2,100 square foot lot located across the street, providing added flexibility for future use, subject to buyer verification.