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    206 Granite St Butte, MT 59701

    Sponsored
    For Lease
    $0.02 SF/Yr

    Prime Butte location, 7,461 sq ft office/retail.

    Lot size:
    7,461 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 7,461 square foot commercial property, located at 206 W Granite Street in Butte, Montana, presents a unique investment opportunity. Situated in the vibrant Uptown Butte Commercial District, this single-tenant building enjoys high visibility and proximity to the County Courthouse, ensuring excellent accessibility and foot traffic. The property features a flexible layout, easily adaptable to various business needs. The ground floor offers versatile space suitable for office, retail, or a mixed-use configuration, and can be easily divided into two separate units. A significant advantage is the lower level, which provides ample storage accessible from both the street level and a convenient back alley. Further enhancing its functionality is a warehouse/shop area equipped with a garage door, allowing for convenient vehicle access. The property sits on a 5,401 square foot lot (APN: 01119713230090000). The current blended annual rent is $10.45 per square foot, however, the owner is open to leasing smaller portions of the space to suit individual tenant requirements. This makes it an ideal location for a variety of businesses seeking a prominent presence in Butte's thriving commercial heart. This is a traditional office building with one suite.

    Property Features for 206 Granite St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,461 SF

    Unit(s) available at that property

    Space
    Size
    7,461 SF
    Rate per SF
    $0.02
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Butte
    County
    Silver Bow
    State
    Montana
    Longitude
    -112.5400113
    Latitude
    46.0139849

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    Nearby Similar for Lease

    • $15 SF/Yr
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      130 N Main St, Butte, MT 59701
      View Details
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      Turn-key office space in Butte's vibrant Uptown district.
      130 N Main St, Butte, MT 59701
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      130 N Main St, Butte, MT 59701
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    FAQs

    What type of property is this?
    Office Property / Space - Prime Butte location, 7,461 sq ft office/retail.
    Where is this office property / space located?
    The property is located at 206 Granite St Butte, MT.
    What is the lease rate?
    The lease rate is $0.02 SF/Yr.
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    206 Granite St Butte, MT 59701
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    Butte, MT 59701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206 Granite St Butte, MT 59701
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