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Historic Mixed-Use Building
For Sale
$800,000

120 W Broadway Street, Butte, MT 59701

Butte, MT

Property Size29,916 SF
Price / SF$26.74
Days on Market103

Property Features for 120 W Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 29,916 SF

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 8:06AM
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.

Built in 1900, this six-floor mixed-use property has commercial space on its lower levels. Quarry Brewing operates downstairs, while Derailed Bike Shop and a renovated event venue occupy the main floor. The venue includes a stage, sound system, office and storage areas, and restrooms. Electrical, plumbing, and heating work has been completed on the lower floors. The four upper floors, previously used for hotel rooms, remain largely untouched, with plumbing and electrical stubs in place. Preliminary plans have considered as many as 20 residential units; any future use is subject to buyer verification. Original details include hardwood floors and a central light well. An elevator shaft remains, and a separate 2,100-square-foot lot across the street is included in the sale.

Key Highlights

  • Six floors, built in 1900
  • Quarry Brewing occupies the lower level; Derailed Bike Shop and an event venue are on the main floor
  • Four upper floors retain former hotel‑room layouts and have plumbing and electrical stubs

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

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 tenants occupy the lower floors, with four upper levels retaining former hotel-room layouts and existing utility connections.
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: Six floors, built in 1900; Quarry Brewing occupies the lower level; Derailed Bike Shop and an event venue are on the main floor; Four upper floors retain former hotel‑room layouts and have plumbing and electrical stubs
More about this property
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