40 Broadway St Butte, MT 59701-9350
Property profile & analytics
40 Broadway St Butte, MT 59701-9350
- Office buildings
- 48,192 SF
- 0.34 lot acres
Property ID
US52-0553705
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Montana Studios / Film Production / Television Studio
- Canadian Montana Gas Co Ltd / Gas Company
Property Details for 40 Broadway St
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.34 lot acres
- Property size
- 48,192 SF
- Zone code
- 6
- Property type
- Office buildings
- APN
- 01-1197-13-1-15-23-0000
- APU
- 1119713115230000
Description
This exceptional mixed-use property, located at 40 E Broadway Street in Butte, Montana, presents a unique investment opportunity. Originally constructed in 1893 as the Ellwood Block and later expanded in 1912 as the Montana Electric Building, this 24,100+ square foot property boasts a rich history and significant potential. The buildings, currently connected to adjacent structures, sit on a 7,851 square foot lot and are zoned C3 Mixed Use Commercial, allowing for a variety of development options. The upper floors are ideally suited for residential conversion, while the street level is perfect for retail or dining establishments. Sweeping views from the lower rooftop of the "Price" building offer potential for an outdoor space. Existing infrastructure includes elevator service and fire suppression systems. The mid-century turquoise paneling has been removed from the Montana Electric Building, revealing a restorable historic facade. While the Ellwood Block's original details remain covered, a handsome bay-fronted facade could be restored. A transferable Qualified Opportunity Zone Fund is established, and the application process for Federal Historic Tax Credits is underway. The property's location within the Urban Revitalization Agency boundary may qualify it for additional grants and loan programs for restoration and redevelopment. Note that a new owner will be responsible for separating utilities from the Western bordering structure(s) and obtaining a new property address.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Butte
- County
- Silver Bow
- State
- Montana
- Longitude
- -112.534
- Latitude
- 46.0136
- CBSA code
- 15580
- CBSA name
- BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,398
$0.00
$0.00
$937,649
-
$50,509
$887,140
$937,649
