Office Building with Conference
New
For Sale
$550,000
1901 S Montana Street, Butte, MT 59701
Interior configuration includes a private office, a conference room, and two bathrooms.
Property Size1,824 SF
Lot Size0.38 Acres
Price / SF$301.54
Days on Market5
Property Features for 1901 S Montana Street
General Information
Standard status
Active
Size
1,824 SF
Lot size
0.38 Acres
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Building Size
1,824 SF
Listing Agency:
Platinum Real Estate
(406) 565-7128
Listed By:
Jacob Masters · License #BRO-119358
(406) 533-8023
Source:
Hrrealtymt
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 6:36AM
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
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Investment Insights
Based on property information with market context.
This 1,824-square-foot office building at 1901 S Montana St includes a lobby, a private office, a large conference room, and two bathrooms. The property sits on a 16,727-square-foot lot in Butte, Montana, just off Interstate 90.
Key Highlights
- 1,824‑square‑foot office building on a 16,727‑square‑foot lot
- Just off Interstate 90 in Butte, Montana
- Interior includes a lobby, private office, and large conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,549
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,980
$471.0K
Cap Rate 7%
$336,414
$336.4K
Cap Rate 9%
$261,656
$261.7K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$36.6K $20.04/SF
− Vacancy
−$5.2K −$2.83/SF
EGI
$31.4K $17.21/SF
− OpEx
−$7.8K −$4.30/SF
NOI
$23.5K $12.91/SF
Area
Silver Bow County, MT
Vacancy
14.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,980
Cap Rate 7%
$336,414
Cap Rate 9%
$261,656
Alternative Uses
Best Use
Office B
$336.4K
$294.4K – $392.5K
NOI $23,549 @ 7.0% cap · market cap 4.28%
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.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
285
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Interior configuration includes a private office, a conference room, and two bathrooms.
Where is this office building located?
The property is located at 1901 S Montana Street 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 office building on a 16,727‑square‑foot lot; Just off Interstate 90 in Butte, Montana; Interior includes a lobby, private office, and large conference room
