Quonset Hut
For Sale
$215,000
201 Continental, Butte, MT 59701
A compact commercial building with drive-by exposure and M2 zoning near retail, restaurants, and local attractions.
Property Size756 SF
Price / SF$284.39
Days on Market554
Property Features for 201 Continental
General Information
Standard status
Active
Size
756 SF
Property subtype
Commercial
Zoning
M2
Taxes and HOA fees
Annual Taxes
$934
Building Details
Building Size
756 SF
Year Built
2000
Construction
Quonset hut
Listing Agency:
Swan Land Company
(406) 995-2404
Listed By:
Ethan Stokes
(406) 579-1989
Source:
Outlaw
Added: Apr 15, 2025
Changed: Oct 2
Last Checked: Oct 19 at 5:14AM
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 Swan Land Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial storefront is configured as a Quonset hut and was built in 2000. The property carries M2 zoning and offers a compact footprint for a range of commercial applications. Its distinctive structure provides a clear physical identity for the site.
Located at 201 Continental in Butte, the property is positioned near local attractions, retail stores, and restaurants. Drive-by traffic contributes to exposure along the surrounding roadway, while the nearby commercial activity supports convenient access to established destinations.
Located at 201 Continental in Butte, the property is positioned near local attractions, retail stores, and restaurants. Drive-by traffic contributes to exposure along the surrounding roadway, while the nearby commercial activity supports convenient access to established destinations.
Key Highlights
- Quonset hut storefront built in 2000
- M2 zoning
- Located at 201 Continental, Butte, MT 59701
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,732
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$154,640
$154.6K
Cap Rate 7%
$110,457
$110.5K
Cap Rate 9%
$85,911
$85.9K
Market Conditions
NOI Build-Up for 756 SF
Gross rent
$11.3K $15.00/SF
− Vacancy
−$295 −$0.39/SF
EGI
$11.0K $14.61/SF
− OpEx
−$3.3K −$4.38/SF
NOI
$7.7K $10.23/SF
Area
Silver Bow County, MT
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$154,640
Cap Rate 7%
$110,457
Cap Rate 9%
$85,911
Alternative Uses
Best Use
Retail
$110.5K
$96.7K – $128.9K
NOI $7,732 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$164.8K
$144.2K – $192.2K
NOI $11,533 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Well-served
Demand for This Use
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 Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - A compact commercial building with drive-by exposure and M2 zoning near retail, restaurants, and local attractions.
Where is this storefront property located?
The property is located at 201 Continental Butte, MT.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Quonset hut storefront built in 2000; M2 zoning; Located at 201 Continental, Butte, MT 59701
