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

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