Property profile

39 Park St Butte, MT 59701

OFF-MARKET
Retail space
Property ID
US52-0625898
11,466 SF 0.13 ac lot Built 1900
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 39 E Park Street in Butte, Montana, presents a unique investment opportunity. The building, constructed in 1889 and situated on the Historical Registry, boasts a substantial 11,466+ square feet on a 4,704 square foot lot. The main floor features recently installed windows, a new sidewalk, and a new sewer connection in the basement. A walk-in cooler is included in the kitchen area, along with two bathrooms and a small office. The upper levels offer significant potential for development, highlighted by charming rounded balconies providing expansive valley views. The building's rear parking area is currently under lease. Faithfully restored bays maintain their original turn-of-the-century appearance, with "mock" windows painted on the Northwestern Energy side to reflect original window replacements. Zoned C-3, this property offers unlimited possibilities within Butte's vibrant historic uptown district. The asking price is $699,999. This is a rare chance to acquire a piece of Butte's rich history and capitalize on its promising future. The property's size, location, and historical significance make it an ideal investment for a discerning buyer seeking a unique and potentially lucrative venture.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction WOOD
Total area 11,466 SF
Lot 0.13 ac (5,663 SF)
Zoning code C3
APN 01-1197-13-1-15-01-0000
UPID US52-0625898

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

39 Park St Butte, MT 59701
Butte metro Census 101 BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

Zoning & alternative use

C3 · Butte, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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