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    Commercial Building with Parking Title is generated by Realmo AI

    2000 Farragut Avenue, Butte, MT 59701

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    For Sale
    $399,000

    Commercial building with full bath, large storage room, and wraparound parking for flexible retail, office, or service use.

    Type:Commercial
    Property size:
    2,476 SF
    Price / SF:
    $161/SF
    Added:
    Sep 9, 2025
    Days on Market:
    304
    Last Refresh:
    Jul 8 at 4:06 am

    Property Features for 2000 Farragut Avenue

    General Information

    Standard status
    Active
    Size
    2,476 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1977

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    Graham Miles

    Listing office Engel & Volkers - Bozeman

    Listing date Sep 9, 2025

    Source Outlaw

    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 Engel & Volkers - Bozeman

    HighLights

    • Commercial building built in 1977
    • Flexible floor plan for offices, retail, or other uses; may be split in half for two separate businesses
    • Wraparound parking with pavement wrapping around the building
    • Includes a full bath with a shower
    • Large storage room in the back adds additional space
    • AC included

    Overview

    The property is a commercial building offered for sale, with a configuration that may be split in half to support two separate businesses. Inside, it includes a full bath with a shower, along with a large storage room at the back. The building is equipped with air conditioning, and the layout is designed to accommodate a range of operating concepts, from office use to retail or service-oriented businesses.

    Set in a high-traffic area, the site features plenty of parking with pavement wrapping around the building. This creates convenient vehicle access and support for customer or employee parking needs.

    This building is well suited for an owner-operator or investor who wants flexibility in how the space is used. The combination of AC, a dedicated bathroom, and a substantial back storage area can support a variety of concepts such as offices, daycare, retail, restaurant or bakery operations, fitness studios, or specialty uses like a flower shop. While the seller notes that the property may be split to create two business spaces, only the real estate is being sold and not the business.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $41.6k $16.80
    − Vacancy −$1.0k −$0.42
    EGI $40.6k $16.38
    − OpEx −$10.1k −$4.10
    NOI $30.4k $12.29
    2,476 SF · lease $16.80/SF/yr · vacancy 2.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $434.5K
    $380.2K – $507.0K (±1% cap)
    NOI $30,418 @ 7.0% cap · market cap 7.62%
    Second Best
    Hotel Hospitality
    $214.2K
    $187.4K – $249.9K (±1% cap)
    NOI $14,995 @ 7.0% cap · market cap 3.76%
    Theoretical Best
    Office A
    $539.6K
    $472.2K – $629.6K (±1% cap)
    NOI $37,773 @ 7.0% cap · market cap 9.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Suzy Q's Sewing ... Clothing & Fashion Store

    Suggested Use

    HVAC Service Electrical Service Law Firm Auto Repair Shop Grocery & Convenience Store Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Butte
    County
    Silver Bow
    State
    Montana
    Longitude
    -112.5024089
    Latitude
    45.9936841

    FAQs

    What type of property is this?
    Casino - Commercial building with full bath, large storage room, and wraparound parking for flexible retail, office, or service use.
    Where is this casino located?
    The property is located at 2000 Farragut Avenue Butte, MT.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Commercial building built in 1977; Flexible floor plan for offices, retail, or other uses; may be split in half for two separate businesses; Wraparound parking with pavement wrapping around the building
    More about this property
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