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    39 Park St Butte, MT 59701

    For Sale
    $699,999

    Prime Uptown Butte Location, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional mixed-use property, located at 39 E Park Street in Butte, Montana, presents a unique investment opportunity. The building, constructed in 1889 and situated on the Historical Registry, boasts a substantial 11,466+ square feet on a 4,704 square foot lot. The main floor features recently installed windows, a new sidewalk, and a new sewer connection in the basement. A walk-in cooler is included in the kitchen area, along with two bathrooms and a small office. The upper levels offer significant potential for development, highlighted by charming rounded balconies providing expansive valley views. The building's rear parking area is currently under lease. Faithfully restored bays maintain their original turn-of-the-century appearance, with "mock" windows painted on the Northwestern Energy side to reflect original window replacements. Zoned C-3, this property offers unlimited possibilities within Butte's vibrant historic uptown district. The asking price is $699,999. This is a rare chance to acquire a piece of Butte's rich history and capitalize on its promising future. The property's size, location, and historical significance make it an ideal investment for a discerning buyer seeking a unique and potentially lucrative venture.

    Property Features for 39 Park St

    General Information

    Property type
    Mixed-use properties

    HighLights

    • Historic 1889 mixed‑use building, 11,466+ SF on a 4,704 SF lot, located at 39 E Park St, Butte, MT.
    • Recently updated with new windows, sidewalk, and sewer connection; includes walk‑in cooler, two bathrooms, and a small office.
    • Upper levels offer significant redevelopment potential with charming balconies and valley views.
    • Rear parking area currently under lease.
    • Listed on the Historical Registry; C‑3 zoning; asking price $699,999.
    Property Profile Insight Report 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
    -112.534576
    Latitude
    46.013154

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Uptown Butte Location, Investment Opportunity
    Where is this mixed-use property located?
    The property is located at 39 Park St Butte, MT.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: Historic 1889 mixed-use building, 11,466+ SF on a 4,704 SF lot, located at 39 E Park St, Butte, MT.; Recently updated with new windows, sidewalk, and sewer connection; includes walk-in cooler, two bathrooms, and a small office.; Upper levels offer significant redevelopment potential with charming balconies and valley views.
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    39 Park St Butte, MT 59701
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