Commercial Building with
2000 Farragut Avenue Butte, MT 59701
2000 Farragut Avenue, Butte, MT, 59701
$399,000
For Sale
$399,000
Commercial building with full bath, large storage room, and wraparound parking for flexible retail, office, or service use.
Property Size2,476 SF
Price / SF$161.15
Days on Market318
Property Features for 2000 Farragut Avenue
General Information
- Standard status
- Active
- Size
- 2,476 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing agency
Engel & Volkers - Bozeman
(406) 686-1020
Listed by
Graham Miles
(406) 686-1020
Source
Outlaw
Added: Sep 9, 2025 Updated: Jul 10 at 2:14PM Checked: Jul 23 at 3:22AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $30,418 @ 7.0% cap · market cap 7.62%
Second Best
Hotel Hospitality
$214.2K
$187.4K – $249.9K
NOI $14,995 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$539.6K
$472.2K – $629.6K
NOI $37,773 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Suzy Q's Sewing ...
Clothing & Fashion Store
Similar For Sale Nearby
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
