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Butte Restaurant with Patio & Parking

205 S Arizona Street Butte, MT 59701

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Restaurant with full kitchen, patio, parking in historic Butte.

Type:Mixed Use
Property size:
2,602 SF
Price / SF:
$172/SF
Added:
May 13, 2026
Days on Market:
61
Last Refresh:
Jul 2 at 9:59 am

Property Features for 205 S Arizona Street

General Information

Standard status
Active
Size
2,602 SF
Property subtype
Mixed Use

Building Details

Year Built
1957

Listing office Engel & Völkers - Butte

Listing date May 13, 2026

Source Crexi

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 & Völkers - Butte


Investment Insights

Based on property information with market context.

This restaurant property offers significant potential for a new owner. Substantially updated in 2023, the property features an open kitchen concept. It is located in uptown historic Butte, America, and includes a wrap-around patio with both southern and eastern exposure. The sale may include furniture, fixtures, and equipment. The lot also provides private parking. The property is suitable for a full kitchen, grill, diner, or bar. The building size is 2602 square feet.

Key Highlights

  • Prime location in uptown historic Butte, America.
  • Fully equipped commercial kitchen with an open concept, updated in 2023.
  • Includes FF&E (furniture, fixtures, and equipment) for immediate business operation.

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 $43.7k $16.80
− Vacancy −$1.1k −$0.42
EGI $42.6k $16.38
− OpEx −$10.7k −$4.10
NOI $32.0k $12.29
2,602 SF · lease $16.80/SF/yr · vacancy 2.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$456.7K
$399.6K – $532.8K (±1% cap)
NOI $31,966 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$567.1K
$496.2K – $661.6K (±1% cap)
NOI $39,696 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Auto Parts Store Real Estate Agency Big Box & Wholesale Store Storage Facility HVAC Service Grocery & Convenience Store Garden Center Veterinary Clinic Electrical Service Carpet & Flooring Store

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

FAQs

What type of property is this?
Restaurant - Restaurant with full kitchen, patio, parking in historic Butte.
Where is this restaurant located?
The property is located at 205 S Arizona Street Butte, MT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime location in uptown historic Butte, America.; Fully equipped commercial kitchen with an open concept, updated in 2023.; Includes FF&E (furniture, fixtures, and equipment) for immediate business operation.
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