Flexible Retail And Office
For Sale
$218,880
A-59 E Park St, Butte, MT 59701
Commercial units within Rudolph Condos offer multiple layout options for retail, office, or creative uses.
Property Size1,025 SF
Price / SF$213.54
Days on Market577
Property Features for A-59 E Park St
General Information
Standard status
Active
Size
1,025 SF
Listing Agency:
Engel & Volkers - Butte
(406) 565-4935
Listed By:
Trevor Bristol · License #99283
(406) 498-5682
Source:
Exprealty
Added: Feb 5, 2025
Changed: Aug 20
Last Checked: Sep 4 at 8:11AM
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 & Volkers - Butte
Investment Insights
Based on property information with market context.
Commercial space at A-59 E Park St within the Rudolph Condos features flexible layouts with multiple unit options. The offering is presented as adaptable to a tenant’s or buyer’s build-out preferences, with the space positioned for retail, office, or creative ventures.
According to the property remarks, the location is in Uptown Butte, and the space is marketed around visibility and foot traffic. The concept also emphasizes a blend of historic character with modern amenities.
If you’re looking for a commercial unit that can accommodate different interior configurations, this Rudolph Condos option is structured around that flexibility and the ability to tailor the space to your use.
According to the property remarks, the location is in Uptown Butte, and the space is marketed around visibility and foot traffic. The concept also emphasizes a blend of historic character with modern amenities.
If you’re looking for a commercial unit that can accommodate different interior configurations, this Rudolph Condos option is structured around that flexibility and the ability to tailor the space to your use.
Key Highlights
- Commercial units in the Rudolph Condos with multiple layout options
- Flexible space suited for retail, office, or creative ventures
- Located in Uptown Butte within the Rudolph Condos
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,234
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$264,680
$264.7K
Cap Rate 7%
$189,057
$189.1K
Cap Rate 9%
$147,044
$147.0K
Market Conditions
NOI Build-Up for 1,025 SF
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.
Gross rent
$20.5K $20.04/SF
− Vacancy
−$2.9K −$2.83/SF
EGI
$17.6K $17.21/SF
− OpEx
−$4.4K −$4.30/SF
NOI
$13.2K $12.91/SF
Area
Silver Bow County, MT
Vacancy
14.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$264,680
Cap Rate 7%
$189,057
Cap Rate 9%
$147,044
Alternative Uses
Best Use
Office B
$189.1K
$165.4K – $220.6K
NOI $13,234 @ 7.0% cap · market cap 6.05%
Second Best
Retail
$149.8K
$131.0K – $174.7K
NOI $10,483 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$223.4K
$195.5K – $260.6K
NOI $15,637 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,470
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial units within Rudolph Condos offer multiple layout options for retail, office, or creative uses.
Where is this office units located?
The property is located at A-59 E Park St Butte, MT.
What is the asking price?
The asking price for this property is $218,880.
What are key features of this property?
This property features: Commercial units in the Rudolph Condos with multiple layout options; Flexible space suited for retail, office, or creative ventures; Located in Uptown Butte within the Rudolph Condos
