For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Butte Restaurant with Patio & Parking Title is generated by Realmo AI

    205 S Arizona Street, Butte, MT 59701

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    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:
    29
    Last Refresh:
    May 14 at 9:39 pm

    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

    We can help!

    Listing Contact
    Katherine Brooks

    Listing agent Katherine Brooks License #RRE-RBS-LIC-79349

    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

    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.
    • Private parking lot, a rare and valuable asset in Uptown Butte.
    • Wrap‑around patio with southern and eastern exposure.
    • Opportunity to acquire an all‑beverage liquor license (separate listing).

    Overview

    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.

    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.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Butte
    County
    Silver Bow
    State
    Montana
    Longitude
    -112.532473
    Latitude
    46.010762

    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.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message