59 E Park Street Butte, MT 59701
Commercial Sale, Other - Butte, MT
Property Features for 59 E Park Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Condominium
- Zoning
- C3
- Standard status
- Active
- APN
- TBD
- Size
- 16,572 SF
Utilities
- Heating system
- Electric (Heating), Forced Air
Building Details
- Architectural style
- Other
Listing agent Trevor Bristol (406) 498-5682
Listing office Engel & Völkers Butte 116 West Granite, Butte, MT (406) 565-4935
Listing date Jun 12, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 59 E Park Street in Butte, Montana, and is zoned C3. The commercial spaces are positioned at street level, creating a straightforward setup for retail, office, or service-based concepts as the spaces are finished to suit.
With a consolidated residential and commercial configuration, the building supports an income-focused mixed-use approach in a single ownership structure.
Key Highlights
- Turnkey mixed‑use property with 12 fully renovated residential units (4 two‑bedroom, 8 one‑bedroom).
- Four ground‑level commercial spaces ready for build‑out.
- Located in the heart of Uptown Butte, a vibrant and walkable district.
Local Financial Insights For Office B
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 | $332.1k | $20.04 |
| − Vacancy | −$46.8k | −$2.83 |
| EGI | $285.3k | $17.21 |
| − OpEx | −$71.3k | −$4.30 |
| NOI | $214.0k | $12.91 |
