Flex Space with
For Sale
$2,400,000
45 Basin Creek Road, Butte, MT 59701
CommercialSale, Butte, MT
Property Size24,684 SF
Lot Size4.00 Acres
Price / SF$97.23
Days on Market49
Property Features for 45 Basin Creek Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Industrial - Light
Zoning description
M-1
Parking
40
Security features
Security
Exterior features
Storage
Lot features
Sprinklers In Ground, Views, Level
View
Mountains
Directions
Google/Apple Maps will bring you directly to the property.
Standard status
Active
APN
01109507101550000
Lot size
4.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S07, T02 N, R07 W, POR SE4
Tax Annual Amount
28488
Legal Description
S07, T02 N, R07 W, POR SE4
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
security system
generator
Building Details
Year built
2000
Flooring type
Carpet
Additional Structures
Storage
Listing Agency:
Engel & Volkers Western Frontier - Missoula · Engel & Völkers
(406) 926-3322
Listed By:
Dawn Maddux · License #RRE-BRO-LIC-31860
(406) 550-4131
Added: Sep 1
Changed: Sep 16
Last Checked: Oct 19 at 8:06PM
MLS# 30077561
Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 45 Basin Creek Road in Butte, Montana, this 24,684-square-foot flex property occupies approximately 4 acres and was built in 2000. The interior includes approximately 19,635 square feet of office space and 5,049 square feet of garage and storage area, along with a chemistry laboratory, enlarged IT room with floating floor, reception areas, multiple bathrooms, security equipment, storage, overhead doors, and a truck bay.
The property is zoned Industrial - Light and sits just south of Highlands College. Exterior features include 40 parking spaces with additional parking available, a fenced west-side yard, underground sprinklers, and asphalt access from both city and county roads. Public water and sewer, connected natural gas, central air conditioning, forced-air heating, and a generator support the facility’s day-to-day operations.
The property is zoned Industrial - Light and sits just south of Highlands College. Exterior features include 40 parking spaces with additional parking available, a fenced west-side yard, underground sprinklers, and asphalt access from both city and county roads. Public water and sewer, connected natural gas, central air conditioning, forced-air heating, and a generator support the facility’s day-to-day operations.
Key Highlights
- 24,684‑square‑foot flex facility on approximately 4 acres
- Approximately 19,635 square feet of office space and 5,049 square feet of garage and storage space
- Complete chemistry laboratory and oversized IT room with floating floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,853
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,637,060
$3.6M
Cap Rate 7%
$2,597,900
$2.6M
Cap Rate 9%
$2,020,589
$2.0M
Market Conditions
NOI Build-Up for 24,684 SF
Gross rent
$231.0K $9.36/SF
− Vacancy
−$17.1K −$0.69/SF
EGI
$213.9K $8.67/SF
− OpEx
−$32.1K −$1.30/SF
NOI
$181.9K $7.37/SF
Area
Silver Bow County, MT
Vacancy
7.40%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,637,060
Cap Rate 7%
$2,597,900
Cap Rate 9%
$2,020,589
Alternative Uses
Best Use
Office B
$4.55M
$3.98M – $5.31M
NOI $318,689 @ 7.0% cap · market cap 13.28%
Second Best
Warehouse
$2.60M
$2.27M – $3.03M
NOI $181,853 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$5.38M
$4.71M – $6.28M
NOI $376,575 @ 7.0% cap · market cap 15.69%
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
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Well-served
Demand for This Use
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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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial facility combining substantial office capacity with garage, storage, and specialized operational infrastructure.
Where is this flex space located?
The property is located at 45 Basin Creek Road Butte, MT.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 24,684‑square‑foot flex facility on approximately 4 acres; Approximately 19,635 square feet of office space and 5,049 square feet of garage and storage space; Complete chemistry laboratory and oversized IT room with floating floor
