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Property profile & analytics
OFF-MARKET
Warehouses

1011 2Nd St Butte, MT 59701

27,940 SF
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 1011 E Second Street in Butte, Montana, presents a significant investment opportunity. The 27,940-square-foot warehouse sits on a substantial 78,669-square-foot lot and is ideally situated in Butte's Warehouse District. Originally constructed in 1990 for a beer and wine distributor, the building boasts durable pumice block construction and a metal roof. Heating is provided throughout, with hot water heat in the office area and warehouse. The warehouse itself comprises approximately 22,940 square feet, featuring 20-foot ceilings, a cooler accessible by forklift, and a loft area accessible via a garage door and lift, perfect for pallet storage. Loading and unloading are facilitated by 2 semi doors, 3 industrial overhead doors, and a drive-in ramp with a bay door. The approximately 5,000-square-foot office space is a two-story structure, offering a large reception area, walk-in safe, storage closet, built-in display case, 5 main floor offices, 2 executive offices upstairs, and a large conference room. Two restrooms on the main floor (one with a shower) and one upstairs (also with a shower) provide ample facilities. Four additional man doors offer convenient access. Ample parking is available, with space for 27 vehicles in the front and additional parking in the rear, including a gated yard. This property offers a unique blend of warehouse and office space, making it suitable for a variety of commercial uses. The asking price is $4,999,000.

Property profile
Verified
Property type Warehouses
Total area 27,940 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NorthWestern Energy (relay shop) Electric Utility Company
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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