Drive-Through Restaurant
501 S Excelsior Ave Butte, MT 59701
501 S Excelsior Ave, Butte, MT, 59701
$495,000
For Sale
$495,000
Restaurant building with drive-through window, dining room, fully equipped kitchen, and cold storage.
Property Size1,864 SF
Price / SF$265.56
Days on Market165
Property Features for 501 S Excelsior Ave
General Information
- Standard status
- Active
- Size
- 1,864 SF
Listing agency
Venture West Realty
(406) 593-1057
Listed by
Scott Thompson · License #BRO-94797
(406) 593-1057
Source
Exprealty
Added: Feb 6 Updated: Jul 21 at 6:16AM Checked: Jul 21 at 6:16AM
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 Venture West Realty
Investment Insights
Based on property information with market context.
A 1,864-square-foot restaurant building offered for sale with building and equipment included. The layout supports food service operations and includes a drive-through window, an inviting dining room, and a fully equipped kitchen with a prep area, along with ample cold storage. The property has undergone multiple upgrades and is currently occupied by La Sirena, a Mexican restaurant.
Located at 501 S Excelsior Ave in Uptown Butte, the property is described as being just minutes from Montana Tech and St. James Hospital, supporting convenient day-to-day access.
Designed for efficient service flow, the building can be suited for an owner-operator concept or a new food-focused tenant looking for a turn-key setup with in-place restaurant infrastructure.
Located at 501 S Excelsior Ave in Uptown Butte, the property is described as being just minutes from Montana Tech and St. James Hospital, supporting convenient day-to-day access.
Designed for efficient service flow, the building can be suited for an owner-operator concept or a new food-focused tenant looking for a turn-key setup with in-place restaurant infrastructure.
Key Highlights
- 1,864 SF restaurant building in Uptown Butte, currently occupied by La Sirena
- Drive‑through window for quick service and customer access
- Dining room plus fully equipped kitchen and prep area designed for food service
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 | $31.3k | $16.80 |
| − Vacancy | −$783 | −$0.42 |
| EGI | $30.5k | $16.38 |
| − OpEx | −$7.6k | −$4.10 |
| NOI | $22.9k | $12.29 |
1,864 SF · lease $16.80/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$327.1K
$286.2K – $381.7K
NOI $22,899 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$406.2K
$355.5K – $474.0K
NOI $28,437 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
La Sirena Drive ...
Restaurant
La Sirena Tacos
Restaurant
La Serina
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Restaurant building with drive-through window, dining room, fully equipped kitchen, and cold storage.
Where is this drive through restaurant located?
The property is located at 501 S Excelsior Ave Butte, MT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,864 SF restaurant building in Uptown Butte, currently occupied by La Sirena; Drive‑through window for quick service and customer access; Dining room plus fully equipped kitchen and prep area designed for food service
