3201 Harrison Ave Butte, MT 59701-3541
- Retail space
- 5,804 SF
- 0.73 lot acres
May 09, 2025
Current Use by Public Records
- Spectrum Store / Telephone Company / Internet Service Provider
Property Details for 3201 Harrison Ave
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 0.73 lot acres
- Property size
- 5,804 SF
- Zone code
- C2
- Property type
- Retail space
- APN
- 01-1198-30-4-21-23-0000
- APU
- 1119830421230000
Description
This exceptional investment opportunity presents a fully occupied, 5,807 square foot retail center in Butte, Montana. The property boasts three tenants: Spectrum, Sally Beauty, and GameStop, all operating under strong corporate-guaranteed NNN leases, minimizing operating expense risk. The center, built in 2008 and extensively renovated in 2021 (over $100,000 in improvements including a new roof, exterior paint, new fence, and parking lot lights), offers a desirable drive-thru lane with potential for future development. The asking price is $1,668,000, representing a 6.25% cap rate and a $287.24 price per square foot. The property sits on a 0.73-acre lot at 3201 Harrison Ave, enjoying a prime location near Highway 15/90 and across from Butte Plaza Mall, shadow-anchored by major retailers. GameStop recently extended its lease for two years with an additional option. Attractive seller financing is available at a 4% interest rate. The area demonstrates strong demographic growth, with a 5.5% population increase within a 3-mile radius since 2010 and projected 2% growth over the next five years. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Butte
- County
- Silver Bow
- State
- Montana
- Longitude
- -112.509
- Latitude
- 45.9785
- CBSA code
- 15580
- CBSA name
- BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA
