62 Mercury St Butte, MT 59701
Property profile & analytics
62 Mercury St, Butte, MT 59701
- Drive through restaurants
- 2,742 SF
- 0.56 lot acres
Property ID
US52-0299097
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
- Drive through restaurants
Property Details for 62 Mercury St
- Year built
- 2020
- Construction
- WOOD
- Lot size
- 0.56 lot acres
- Property type
- Drive through restaurants
- APN
- 01-1197-13-4-73-12-0000
- APU
- 1119713473120000
Description
This exceptional mixed-use property in Butte, Montana, presents a compelling investment opportunity. The 2,742 square foot building, constructed in 2020, sits on a substantial 24,219 square foot lot and is currently leased to a Dairy Queen Grill & Chill under an absolute NNN lease. The 10-year lease agreement guarantees a stable annual income of $92,760, with a built-in 3% rent increase every two years, providing a predictable and growing return on investment. The property's prime location on W Mercury Ave ensures high visibility and convenient access, attracting a steady stream of customers. Its strategic placement near residential areas, retail centers, schools, parks, and churches, along with neighboring businesses such as Head Frame Spirits, Pork Chop John's, Maverick Motorsports, and St. James' Hospital, further enhances its desirability. The asking price for this turnkey investment is $1,500,000. The sale includes the building and land
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
- -112.537
- Latitude
- 46.0107
- 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
$11,276
$0.00
$0.00
$839,900
-
$53,929
$785,971
$839,900
