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Retail Space
For Sale
$122,347

59 E Park Street C, Butte, MT 59701

Butte, MT

Property Size495 SF
Price / SF$247.17
Days on Market122

Property Features for 59 E Park Street C

General Information

Property type Commercial Sale
Property subtype Condominium
Standard status Active
Size 495 SF

Building Details

Year built 2024
Listing Agency: Engel & Volkers Butte · Engel & Völkers
Listed By: Trevor Bristol · License #99283
Added: Jun 12 Changed: Oct 10 Last Checked: Oct 11 at 12:06AM
MLS# 399361

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.

This 495-square-foot commercial unit is in the Rudolph Condos and was built in 2024. Build-out options allow the space to be adapted to a selected layout, with retail, office, and creative uses identified for the property.

The unit is at 59 E Park Street C in Butte, Montana.

Key Highlights

  • 495‑square‑foot commercial unit
  • Built in 2024
  • Located at 59 E Park Street C, Butte, MT 59701

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,391
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,820 $127.8K
Cap Rate 7%
$91,300 $91.3K
Cap Rate 9%
$71,011 $71.0K
Market Conditions
NOI Build-Up for 495 SF
Gross rent
$9.9K $20.04/SF
− Vacancy
−$1.4K −$2.83/SF
EGI
$8.5K $17.21/SF
− OpEx
−$2.1K −$4.30/SF
NOI
$6.4K $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%
$127,820
Cap Rate 7%
$91,300
Cap Rate 9%
$71,011

Alternative Uses

Best Use
Office B
$91.3K
$79.9K – $106.5K (±1% cap)
NOI $6,391 @ 7.0% cap · market cap 5.22%
Second Best
Retail
$72.3K
$63.3K – $84.4K (±1% cap)
NOI $5,062 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$107.9K
$94.4K – $125.9K (±1% cap)
NOI $7,552 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Auto Parts Store Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,330
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - The unit offers potential for retail, office, or creative use, with build-out options to suit the selected layout.
Where is this retail space located?
The property is located at 59 E Park Street C Butte, MT.
What is the asking price?
The asking price for this property is $122,347.
What are key features of this property?
This property features: 495‑square‑foot commercial unit; Built in 2024; Located at 59 E Park Street C, Butte, MT 59701
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