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    OFF-MARKET
    Retail space

    206 Granite St, Butte, MT 59701-9236

    3,176 SF 0.12 ac lot Built 1952
    Individually Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US52-0611378
    Property summary
    AI-generated overview

    This exceptional 7,461 square foot commercial property, located at 206 W Granite Street in Butte, Montana, presents a unique investment opportunity. Situated in the vibrant Uptown Butte Commercial District, this single-tenant building enjoys high visibility and proximity to the County Courthouse, ensuring excellent accessibility and foot traffic. The property features a flexible layout, easily adaptable to various business needs. The ground floor offers versatile space suitable for office, retail, or a mixed-use configuration, and can be easily divided into two separate units. A significant advantage is the lower level, which provides ample storage accessible from both the street level and a convenient back alley. Further enhancing its functionality is a warehouse/shop area equipped with a garage door, allowing for convenient vehicle access. The property sits on a 5,401 square foot lot (APN: 01119713230090000). The current blended annual rent is $10.45 per square foot, however, the owner is open to leasing smaller portions of the space to suit individual tenant requirements. This makes it an ideal location for a variety of businesses seeking a prominent presence in Butte's thriving commercial heart. This is a traditional office building with one suite.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1952
    Construction WOOD
    Total area 3,176 SF
    Lot 0.12 ac (5,401 SF)
    Zoning code 1
    APN 01-1197-13-2-30-09-0000
    UPID US52-0611378
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Dana B Miller · 3 yrs held
    Dana B Miller
    since 2022
    2 recorded transactions
    2022
    2012
    Zoning & alternative use
    1 · Butte, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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