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Flex Space at Rudolph Condos
For Sale
$83,943

E-59 E Park St, Butte, MT 59701

Multiple layouts support customized commercial build-outs in Uptown Butte.

Property Size209 SF
Price / SF$401.64
Days on Market612

Property Features for E-59 E Park St

General Information

Standard status Active
Size 209 SF
Listing Agency: Engel & Volkers - Butte
Listed By: Trevor Bristol · License #99283
Source: Exprealty
Added: Feb 10, 2025 Changed: Oct 5 Last Checked: Oct 15 at 2:12AM

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.

This flex space at Rudolph Condos offers a commercial setting that can be configured around a business’s requirements. Multiple layout options allow for a tailored build-out rather than a fixed arrangement, while the property combines historic character with modern amenities.

Located on E Park St in Uptown Butte, the space is offered for sale and is positioned for businesses seeking a flexible commercial presence. The property information identifies potential applications including retail, office, and creative uses.

Key Highlights

  • Flexible commercial space within Rudolph Condos
  • Multiple layout options support customized build‑outs
  • Historic character paired with modern amenities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,698
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$53,960 $54.0K
Cap Rate 7%
$38,543 $38.5K
Cap Rate 9%
$29,978 $30.0K
Market Conditions
NOI Build-Up for 209 SF
Gross rent
$4.2K $20.04/SF
− Vacancy
−$591 −$2.83/SF
EGI
$3.6K $17.21/SF
− OpEx
−$899 −$4.30/SF
NOI
$2.7K $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 Rate 5%
$53,960
Cap Rate 7%
$38,543
Cap Rate 9%
$29,978

Alternative Uses

Best Use
Office B
$38.5K
$33.7K – $45.0K (±1% cap)
NOI $2,698 @ 7.0% cap · market cap 3.21%
Second Best
Retail
$30.5K
$26.7K – $35.6K (±1% cap)
NOI $2,137 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$45.5K
$39.9K – $53.1K (±1% cap)
NOI $3,188 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Big Box & Wholesale Store Storage Facility HVAC Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,470
Businesses Nearby
Balanced
Demand for This Use

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Pintler View Catering — 400 S Clark St, Butte, MT 59701
  • Saffron — 217 W Park St, Butte, MT 59701
  • Metals Sports Bar and Grill — 8 W Park St, Butte, MT 59701

Frequently Asked Questions

What type of property is this?
Flex space - Multiple layouts support customized commercial build-outs in Uptown Butte.
Where is this flex space located?
The property is located at E-59 E Park St Butte, MT.
What is the asking price?
The asking price for this property is $83,943.
What are key features of this property?
This property features: Flexible commercial space within Rudolph Condos; Multiple layout options support customized build‑outs; Historic character paired with modern amenities
More about this property
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