62 Mercury St Butte, MT 59701
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.