62 Mercury St Butte, MT 59701
- Drive through restaurants
- 2,742 SF
- 0.56 lot acres
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 size
- 2,742 SF
- 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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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
