Historic Mixed-Use
New
For Sale
$2,600,000
140 W Park, Butte, MT 59701
Renovated apartments and restaurant-occupied commercial suites share updated building systems and historic architectural details.
Property SizeContact for details
Days on Market3
Property Features for 140 W Park
General Information
Standard status
Active
Property subtype
Residential Income
Zoning
C3
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Cap Rate
7.4%
Multifamily Units
10
Amenities
in-unit laundry
common laundry
Building Details
Year Built
1900
Buildings
1
Stories
3
Units
13
Listing Agency:
Platinum Real Estate
(406) 560-6495
Listed By:
Clay Seccomb · License #BRO-53383
Source:
Purewestrealestate
Added: Aug 9
Changed: Aug 10
Last Checked: Aug 11 at 5:57AM
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 Platinum Real Estate
Investment Insights
Based on property information with market context.
Built in 1900, the Stephens Hotel Building combines 10 renovated apartments on the upper floors with three commercial spaces at street level. Residential improvements include modern kitchens with stainless steel appliances, updated bathrooms, restored woodwork, abundant natural light, and laundry amenities in select units and common areas. Major building upgrades include plumbing, electrical, heating, and other infrastructure systems.
Two established restaurant tenants occupy the commercial component, with one tenant using two suites. The property sits at the corner of Park Street and Montana Street in Uptown Butte, near Intermountain Health, Montana Technological University, the Silver Bow County Courthouse, NorthWestern Energy Headquarters, and a concentration of shops, restaurants, breweries, pubs, and entertainment venues. The property is zoned C3 and reports a 7.4 cap rate.
Two established restaurant tenants occupy the commercial component, with one tenant using two suites. The property sits at the corner of Park Street and Montana Street in Uptown Butte, near Intermountain Health, Montana Technological University, the Silver Bow County Courthouse, NorthWestern Energy Headquarters, and a concentration of shops, restaurants, breweries, pubs, and entertainment venues. The property is zoned C3 and reports a 7.4 cap rate.
Key Highlights
- 10 renovated residential apartments on the second and third floors
- Three commercial spaces on the main level, occupied by two restaurant tenants
- Major plumbing, electrical, heating, and infrastructure upgrades completed
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Yes
Paved road access
Yes
Utilities to site
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 Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated apartments and restaurant-occupied commercial suites share updated building systems and historic architectural details.
Where is this mixed-use property located?
The property is located at 140 W Park Butte, MT.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 10 renovated residential apartments on the second and third floors; Three commercial spaces on the main level, occupied by two restaurant tenants; Major plumbing, electrical, heating, and infrastructure upgrades completed
