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    OFF-MARKET
    Retail space

    3201 Harrison Ave, Butte, MT 59701-3541

    5,804 SF 0.73 ac lot Built 2008
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US52-0771789
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2008
    Construction WOOD
    Total area 5,804 SF
    Lot 0.73 ac (31,755 SF)
    Zoning code C2
    APN 01-1198-30-4-21-23-0000
    UPID US52-0771789
    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
    • Spectrum Store Telecommunications Service Data Center
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Harrison Shops LLC · 1 yrs held
    Harrison Shops LLC
    since 2025
    3 recorded transactions
    2025
    2009
    2008
    Zoning & alternative use
    C2 · Butte, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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