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Property profile & analytics
OFF-MARKET
Investment properties

2702 Walnut St Butte, MT 59701-5039

3,670 SF 0.22 ac lot Built 1903
Individually Owned Free & Clear
Property ID
US52-0834707
Property summary
AI-generated overview

This exceptional mixed-use property at 2702 Walnut Street in Butte, Montana, presents a unique investment opportunity. Built in 1903, this 9,496 square foot lot houses a well-established casino and bar with a 32-year history, complete with a Montana Full Beverage License. The sale includes all 20 owned gambling machines, an owned ATM, and all necessary business equipment. The charming interior features custom farm/barn-themed murals. Above the casino, a 2-bedroom, 1-bathroom apartment provides additional income potential or owner accommodations. A private office with exclusive one-car garage access adds to the property's appeal. The property also benefits from a paved parking lot, ensuring convenient access for patrons. The asking price for this turnkey operation is $1,250,000. This is a rare chance to acquire both a profitable business and a substantial property in a prime Butte location, offering a blend of commercial and residential income streams. The property's established reputation and included assets make this a compelling investment prospect.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1903
Construction WOOD
Total area 3,670 SF
Lot 0.22 ac (9,496 SF)
Zoning code R-4
APN 01-1198-20-1-64-27-0000
UPID US52-0834707
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
  • Crazee Carols Casino Hotel & Motel Resort
  • Mill Bar Bar & Pub
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
JEANETTE KAPPES
JEANETTE KAPPES
Zoning & alternative use
R-4 · Butte, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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