206 Granite St, Butte, MT 59701-9236
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
1 · Butte, MTButte. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.