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Property Description

Located in Uptown Butte, the Grand Hotel is a (+/-) 29,220 SF mixed-use property situated on a 5,140 SF lot. Built in 1900, The Grand Hotel is comprised of six floors that are (+/-) 4,870 SF each. The Quarry Brewery occupies the lower level and the Derailed Bike Shop and a private event space occupy the ground level. Floors 3-6 are considered shell space that were formerly used as hotel rooms for the Grand Hotel. The current structural engineering allows for 5 condos units per floor, on floors 3-6, for a total of 20 units. The proposed floor plan features three 2 BR/2 BTH, one 2 BR/1 BTH and 1 studio unit. This adaptive reuse project is ideal for an investor looking for an iconic building that generates income with tremendous upside per the 20-unit condo project. This property is located in a Qualified Opportunity Zone, eligible for Historic Tax Credits, and within the URA District to incentives revitalization. The 2,091 SF vacant lot on Broadway Street is included in this offering.

Features

: Electric, Baseboard
: Ceilingfans
: Onstreet, Gravel
: Publicsewer

Address Map

US
Montana
Silver Bow
Butte
59701
120 W Broadway Street
0
W113° 27' 40.5''
N46° 0' 47.6''

Additional Information

$0
29,220 Sqft
: Livework
5
5
: Item3phase
$0
0001190200
$9,050
2021
: Electricityavailable, Seweravailable, Wateravailable, Phoneavailable, Naturalgasavailable

120 W Broadway Street, Butte, Montana 59701

120 W Broadway Street, Butte, Montana 59701

29,220 Sqft
$1,800,000
Listing ID #377718

Basic Details

Property Type : Commercialsale
Listing Type : For Sale
Listing ID : 377718
Price : $1,800,000
Square Footage : 29,220 Sqft
Year Built : 1900
Status : Active
Property Sub Type : Building

Agent info

Windermere Bozeman-Downtown
135 E Main St, Bozeman, MT 59715

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Windermere Downtown logo Bozeman Real Estate Agent Liz Nitz

Range Properties

135 E Main St.

Bozeman, MT 59715

MLS Realtor logo Bozeman Real Estate Agent Liz Nitz
Equal Housing Opportunity Bozeman Real Estate Agent Liz Nitz
Copyright ยฉ 2020 by Liz Nitz dba Range Properties. All rights reserved. View our Privacy Policy.
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