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Renovated Mixed-Use Building
New
For Sale
$2,600,000

140 W Park, Butte, MT 59701

MULTI_FAMILY - Butte, MT

Property SizeContact for details
Lot Size0.10 Acres
Days on Market5

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 Electric (Heating), Baseboard
Water source Public

Amenities

in-unit laundry
common laundry
stainless steel appliances

Building Details

Year built 1900
Floors in Building 3
Number of units 13
Flooring type Tile, Hardwood, Laminate
Building materials Brick
Roof type Rolled Hot Mop
Listing Agency: Platinum Real Estate
Listed By: Clay Seccomb · License #BRO-53383
Added: Aug 7 Changed: Aug 8 Last Checked: Aug 11 at 5:06PM
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 brick mixed-use property constructed in 1900 and substantially renovated with updated plumbing, electrical, heating, and other major infrastructure. The second and third floors contain 10 renovated apartments with modern kitchens, stainless steel appliances, updated bathrooms, restored woodwork, and a combination of private and common laundry amenities. Tile, hardwood, and laminate flooring are used throughout the building, with select residences offering walk-in closets and wet bars.

The main level includes three commercial suites, with two established restaurant tenants occupying the space; one tenant uses two suites. The property is positioned at 140 W Park in Uptown Butte, near Intermountain Health, Montana Technological University, the Silver Bow County Courthouse, NorthWestern Energy Headquarters, and local shops, restaurants, breweries, pubs, and entertainment venues. The 0.099-acre site has public water and public sewer service, and the property is reported at a 7.4% cap rate.

Key Highlights

  • 10 renovated apartments on the second and third floors
  • Three main‑level commercial suites with two established restaurant tenants
  • 7.4% cap rate

Property Analytics

Current Use

Pita Pit Take-out & Catering

Suggested Use

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

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

Lease Details

10
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,470
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential apartments occupy the upper floors above commercial suites with restaurant tenancy on the main level.
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 on the second and third floors; Three main‑level commercial suites with two established restaurant tenants; 7.4% cap rate
More about this property
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