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    OFF-MARKET
    Office Spaces

    1011 2Nd St, Butte, MT 59701

    Property ID
    Property summary
    AI-generated overview

    This exceptional 27,940-square-foot commercial property, located in Butte's Warehouse District, presents a unique investment opportunity. Originally constructed in 1990 for a beer and wine distributor, this building boasts a robust cement block structure with a metal roof and steel truss system. The warehouse itself comprises approximately 22,940 square feet, featuring 20-foot ceilings, a cooler with forklift access, and ample storage options including a loft area accessible via an overhead door and lift. Loading is facilitated by two semi-loading docks, three industrial overhead doors at the lower level, and a drive-in ramp. The 5,000-square-foot office space is a two-story design, including a large reception area, walk-in safe, storage closet, built-in display case, five main floor offices, two executive offices upstairs, and a sizable conference room. Two main floor restrooms, one with a shower, and an upper-floor restroom with a shower are also included. Four additional exterior doors provide convenient access. The property includes a 1.806-acre lot with parking for 27 vehicles in the front, plus additional gated rear parking. The building benefits from 3-phase electric and hot water heat in both the office and warehouse areas; the warehouse is also air-conditioned. The asking price for the sale of this property is $4,999,000. The property is zoned for light industrial use and has an APN of 01119818301100000.

    Property profile
    Verified
    Property type Office Spaces
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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