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    Uptown Butte Commercial Space Title is generated by Realmo AI

    59 Park Street C, Butte, MT 59701

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    For Sale
    $122,347

    Flexible commercial spaces in prime Uptown Butte location.

    Type:Commercial/Industrial
    Property size:
    495 SF
    Price / SF:
    $247/SF
    Added:
    Feb 5, 2025
    Days on Market:
    498
    Last Refresh:
    May 20 at 12:19 am

    Property Features for 59 Park Street C

    General Information

    Standard status
    Active
    Size
    495 SF
    Property subtype
    Commercial/Industrial

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    Listing Contact
    Heather Choquette

    Listing agent Heather Choquette License #RRE-RBS-LIC-79565

    Listing office Engel & Völkers - Butte

    Listing date Feb 5, 2025

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Engel & Völkers - Butte

    HighLights

    • Flexible commercial spaces tailored to business needs.
    • Prime Uptown Butte location.
    • Suitable for retail, office, or creative ventures.
    • High visibility and foot traffic.
    • Multiple layout options available.
    • Historic charm with modern amenities.

    Overview

    Located in Uptown Butte, the Rudolph Condos offer flexible commercial spaces suitable for various business needs. The property provides multiple layout options, allowing for customized build-outs. It is suitable for retail, office, or creative ventures, blending historic charm with modern amenities. The location benefits from high visibility and foot traffic. The property size is 495 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $9.9k $20.04
    − Vacancy −$1.4k −$2.83
    EGI $8.5k $17.21
    − OpEx −$2.1k −$4.30
    NOI $6.4k $12.91
    495 SF · lease $20.04/SF/yr · vacancy 14.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $91.3K
    $79.9K – $106.5K (±1% cap)
    NOI $6,391 @ 7.0% cap · market cap 5.22%
    Second Best
    Retail
    $72.3K
    $63.3K – $84.4K (±1% cap)
    NOI $5,062 @ 7.0% cap · market cap 4.14%
    Theoretical Best
    Office A
    $107.9K
    $94.4K – $125.9K (±1% cap)
    NOI $7,552 @ 7.0% cap · market cap 6.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Butte
    County
    Silver Bow
    State
    Montana
    Longitude
    -112.534
    Latitude
    46.0132

    FAQs

    What type of property is this?
    Mixed-use property - Flexible commercial spaces in prime Uptown Butte location.
    Where is this mixed-use property located?
    The property is located at 59 Park Street C Butte, MT.
    What is the asking price?
    The asking price for this property is $122,347.
    What are key features of this property?
    This property features: Flexible commercial spaces tailored to business needs.; Prime Uptown Butte location.; Suitable for retail, office, or creative ventures.
    More about this property
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