Stephens Hotel Mixed-Use
For Sale
$2,600,000
140 W Park, Butte, MT 59701
ResidentialIncome, Butte, MT
Property SizeContact for details
Lot Size0.10 Acres
Days on Market52
Property Features for 140 W Park
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
C3
Interior features
WetBar, WalkInClosets
Appliances
Dishwasher, Microwave, Range, Refrigerator
Directions
Head North on Monday, Turn east on Park.
Subdivision
10BNE - Butte - N of Front, E of Montana
Standard status
Active
APN
0000077900
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BUTTE TOWNSITE, S13, T03 N, R08 W, BLOCK 37, LOT 25, COS 1177B-RT
Tax Annual Amount
9955
Legal Description
BUTTE TOWNSITE, S13, T03 N, R08 W, BLOCK 37, LOT 25, COS 1177B-RT
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Amenities
in-unit laundry
common laundry facilities
Building Details
Year built
1900
Floors in Building
3
Number of units
13
Flooring type
Laminate, Hardwood, Tile
Building materials
Brick
Roof type
Rolled Hot Mop
Listing Agency:
Platinum Real Estate
(406) 565-7128
Listed By:
Clay Seccomb · License #BRO-53383
(406) 560-6495
Added: Aug 7
Changed: Sep 15
Last Checked: Sep 27 at 12:06PM
MLS# 413930
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Stephens Hotel Building is a historic mixed-use property with 10 renovated apartments across the second and third floors. Residential interiors include spacious layouts, natural light, modern kitchens with stainless steel appliances, updated bathrooms, and restored woodwork. Some apartments have in-unit laundry, while shared laundry facilities serve the building. The main floor contains three commercial suites, with two restaurant tenants currently occupying the space; one tenant operates from two suites.
Major capital work includes new plumbing, electrical, and heating systems, along with substantial infrastructure improvements. The brick building dates to 1900 and occupies 0.099 acres. It is positioned at the Park Street and Montana Street corner in Uptown Butte, near Intermountain Health, Montana Technological University, the Silver Bow County Courthouse, NorthWestern Energy Headquarters, and local retail, dining, and entertainment venues. The property reflects a 7.4% cap rate.
Major capital work includes new plumbing, electrical, and heating systems, along with substantial infrastructure improvements. The brick building dates to 1900 and occupies 0.099 acres. It is positioned at the Park Street and Montana Street corner in Uptown Butte, near Intermountain Health, Montana Technological University, the Silver Bow County Courthouse, NorthWestern Energy Headquarters, and local retail, dining, and entertainment venues. The property reflects a 7.4% cap rate.
Key Highlights
- 10 renovated apartments occupy the second and third floors
- Three main‑level commercial suites; two are occupied by restaurant tenants
- 7.4% cap rate
Property Analytics
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Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,470
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated upper-floor apartments and main-level commercial suites combine residential and restaurant uses in a historic Butte building.
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 apartments occupy the second and third floors; Three main‑level commercial suites; two are occupied by restaurant tenants; 7.4% cap rate
