Property profile

1515 Harrison Ave Butte, MT 59701

OFF-MARKET
Retail space
Property ID
US52-0633173
3,528 SF 0.21 ac lot Built 2004
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1515 Harrison Avenue in Butte, Montana, presents a rare investment opportunity. Situated on a 9,000 square foot lot in the heart of downtown Butte, this three-story building offers 5,632 square feet of versatile commercial space. Previously configured as a salon and day spa, the property retains all necessary plumbing for continued use in that capacity. However, its adaptable design and stunning interior make it ideal for a wide range of businesses, including office space, restaurants, medical practices, retail establishments, banks, or fitness centers. The building features impressive architectural details, including a welcoming reception area, a large open space, cathedral ceilings, and expansive cathedral windows. Multiple private rooms are located on the main and second floors, with the second floor offering a view of the main level. A spacious basement provides additional private space. A private parking lot is also included, adding significant convenience. This property offers a unique blend of character and functionality, making it a highly desirable commercial investment. The asking price is $780,000. The property is zoned for commercial use and is located on a major thoroughfare in Butte, Montana, zip code 59701.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Construction WOOD
Total area 3,528 SF
Lot 0.21 ac (9,017 SF)
Zoning code C-2
APN 01-1198-19-1-17-10-0000
UPID US52-0633173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon
  • Hair Salon

Location

1515 Harrison Ave Butte, MT 59701-4805
Butte metro Census 300 BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

C-2 · Butte, MT
Zoning description

gacy district be modified except to come into conformity with a general district as classified above. These districts are described in detail in Appendix XX of these regulations. Symbol District Name C1 Local Commercial…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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