Flexible Retail & Office
For Sale
$83,943
59 E Park Street E, Butte, MT 59701
Flexible commercial condo space within Rudolph Condos, suited for retail, office, or creative use.
Property Size209 SF
Price / SF$401.64
Days on Market607
Property Features for 59 E Park Street E
General Information
Standard status
Active
Size
209 SF
Property subtype
Commercial
Zoning
C3
Building Details
Building Size
209 SF
Listing Agency:
Obsidian Realty Group
(406) 995-2404
Listed By:
Eli Kretzmann
(208) 507-1613
Source:
Outlaw
Added: Feb 5, 2025
Changed: Sep 30
Last Checked: Oct 4 at 7:38AM
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 Obsidian Realty Group
Investment Insights
Based on property information with market context.
This offering provides flexible commercial space inside Rudolph Condos, with multiple layout options available to tailor the unit to your business needs. The space is presented for use across retail, office, and creative concepts, and is designed to be adaptable through the build-out process.
The property is located at 59 E Park Street E in Butte, MT 59701. The seller notes high visibility and foot traffic in the area, which may support uses that benefit from consistent walk-in activity.
For tenants, this configuration can work well for a retailer, a professional office, or a creative operation seeking a customizable layout within a condo-style commercial setting. For buyers, the combination of multiple layout choices and the ability to fit the interior to the intended use may simplify planning for an operator-led build-out or a tailored workspace. Interested parties should confirm the available unit configurations and build-out requirements directly with the listing team.
The property is located at 59 E Park Street E in Butte, MT 59701. The seller notes high visibility and foot traffic in the area, which may support uses that benefit from consistent walk-in activity.
For tenants, this configuration can work well for a retailer, a professional office, or a creative operation seeking a customizable layout within a condo-style commercial setting. For buyers, the combination of multiple layout choices and the ability to fit the interior to the intended use may simplify planning for an operator-led build-out or a tailored workspace. Interested parties should confirm the available unit configurations and build-out requirements directly with the listing team.
Key Highlights
- Flexible commercial condo space within Rudolph Condos, suited for retail, office, or creative use
- Multiple layout options available, with ability to build out to your liking
- Located in Uptown Butte within the Rudolph Condos
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,698
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$53,960
$54.0K
Cap Rate 7%
$38,543
$38.5K
Cap Rate 9%
$29,978
$30.0K
Market Conditions
NOI Build-Up for 209 SF
Gross rent
$4.2K $20.04/SF
− Vacancy
−$591 −$2.83/SF
EGI
$3.6K $17.21/SF
− OpEx
−$899 −$4.30/SF
NOI
$2.7K $12.91/SF
Area
Silver Bow County, MT
Vacancy
14.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$53,960
Cap Rate 7%
$38,543
Cap Rate 9%
$29,978
Alternative Uses
Best Use
Office B
$38.5K
$33.7K – $45.0K
NOI $2,698 @ 7.0% cap · market cap 3.21%
Second Best
Retail
$30.5K
$26.7K – $35.6K
NOI $2,137 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$45.5K
$39.9K – $53.1K
NOI $3,188 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,330
Businesses Nearby
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial condo space within Rudolph Condos, suited for retail, office, or creative use.
Where is this retail space located?
The property is located at 59 E Park Street E Butte, MT.
What is the asking price?
The asking price for this property is $83,943.
What are key features of this property?
This property features: Flexible commercial condo space within Rudolph Condos, suited for retail, office, or creative use; Multiple layout options available, with ability to build out to your liking; Located in Uptown Butte within the Rudolph Condos
