Storefront Building with
New
For Sale
$550,000
1901 Montana, Butte, MT 59701
Interior space includes a lobby, private office, conference room, and two bathrooms.
Property Size1,824 SF
Lot Size0.38 Acres
Price / SF$301.54
Days on Market2
Property Features for 1901 Montana
General Information
Standard status
Active
Size
1,824 SF
Lot size
0.38 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,792
Amenities
lobby area
private office
large conference room
two bathrooms
Building Details
Year Built
1959
Listing Agency:
Platinum Real Estate
Listed By:
Jacob Masters · License #BRO-119358
(406) 533-8023
Source:
Clearwaterproperties
Added: Oct 16
Last Checked: Oct 16 at 9:42AM
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
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.
Built in 1959, this storefront property contains 1,824 square feet of commercial space. The interior is arranged with a lobby, a private office, a large conference room, and two bathrooms, providing a mix of shared and private areas. The site totals 16,727 square feet.
The property is in Butte, Montana, just off Interstate 90, with access to the interstate nearby.
The property is in Butte, Montana, just off Interstate 90, with access to the interstate nearby.
Key Highlights
- 1,824‑square‑foot commercial building
- 16,727‑square‑foot lot
- Interior includes a lobby, private office, large conference room, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,654
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,080
$373.1K
Cap Rate 7%
$266,486
$266.5K
Cap Rate 9%
$207,267
$207.3K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$27.4K $15.00/SF
− Vacancy
−$711 −$0.39/SF
EGI
$26.6K $14.61/SF
− OpEx
−$8.0K −$4.38/SF
NOI
$18.7K $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%
$373,080
Cap Rate 7%
$266,486
Cap Rate 9%
$207,267
Alternative Uses
Best Use
Retail
$266.5K
$233.2K – $310.9K
NOI $18,654 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$397.5K
$347.8K – $463.8K
NOI $27,827 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Shops & Services 49%
Safeway
Groceries
20,659 visits/mo
0.4 miles
Exxon
Shops & Services
6,646 visits/mo
0.2 miles
Conoco
Shops & Services
6,399 visits/mo
0.1 miles
Les Schwab Tire Center
Shops & Services
3,665 visits/mo
0.3 miles
Town Pump
Shops & Services
3,012 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Safeway Floral — 310 W Front St, Butte, MT 59701
- Continental Divide Greenhouse — 1030 S Montana St, Butte, MT 59701
Frequently Asked Questions
What type of property is this?
Storefront property - Interior space includes a lobby, private office, conference room, and two bathrooms.
Where is this storefront property located?
The property is located at 1901 Montana Butte, MT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,824‑square‑foot commercial building; 16,727‑square‑foot lot; Interior includes a lobby, private office, large conference room, and two bathrooms
