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    47 Broadway St Butte, MT 59701

    Sponsored
    For Sale
    $995,000

    Historic Restaurant, 8 Rental Units

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 47 E Broadway Street in Butte, Montana, presents a unique investment opportunity. Built in 1900 and situated on a 2,701 square foot lot, the property boasts a thriving restaurant and bar business, known for its upscale dining experience and full lunch menu. Established in 1985, the restaurant has a strong reputation within the community and benefits from recent upgrades including a new bar, expanded seating area, and new flooring. The sale includes all fixtures, furniture, and equipment (FF&E) necessary for continued operation, along with a valuable liquor license. Beyond the restaurant, the property also features eight income-generating rental units, currently producing a combined monthly rental income of $4,325. This turnkey operation is nestled in the historic Forbis Block in Uptown Butte's vibrant commercial district, offering a blend of established business success and significant rental income potential. The asking price for this remarkable property is $995,000. This is a rare chance to acquire a well-established, profitable business with substantial additional rental income streams in a desirable Montana location. The property's prime location and strong reputation make it an attractive investment for both seasoned entrepreneurs and astute investors seeking a diversified portfolio.

    Property Features for 47 Broadway St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1900

    HighLights

    • Exceptional mixed‑use property in Butte, Montana's Uptown district.
    • 1900 building on a 2,701 sq ft lot, featuring a thriving restaurant/bar with FF&E and liquor license.
    • Established restaurant (1985) with recent upgrades, including expanded seating and new bar.
    • Eight income‑producing rental units generating $4,325 monthly rental income.
    • Asking price: $995,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Uptown Cafe American Restaurant

    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
    -112.534333
    Latitude
    46.014147

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    FAQs

    What type of property is this?
    Restaurant - Historic Restaurant, 8 Rental Units
    Where is this restaurant located?
    The property is located at 47 Broadway St Butte, MT.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Exceptional mixed-use property in Butte, Montana's Uptown district.; 1900 building on a 2,701 sq ft lot, featuring a thriving restaurant/bar with FF&E and liquor license.; Established restaurant (1985) with recent upgrades, including expanded seating and new bar.
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    47 Broadway 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

    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
    47 Broadway St Butte, MT 59701
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