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120 W Broadway Street

Butte, MT 59701
  • $1,800,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 22215413
UPDATED: 69 min ago
$1,800,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 29,220
    SQFT
  • $62
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

School District:

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.

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© 2022 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2022-12-01T09:21:35.707.
www.montanalifere.com/homes/134259299
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120 W Broadway Street Butte, MT 59701

  • Price: $1,800,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 69 min ago
  • MLS #: 22215413
0
Beds
0
Baths
0
½ Baths
0.17
Acres
29,220
SQFT
$62
$/SQFT
County:
Silver Bow
Area:
Butte
School District:
District No. 1
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.
Exterior Features

Parking Information Street Parking Road Surface AsphaltGravel Stories Three Or More Waterfront None

Interior Features

Foundation Unknown HVAC Electric Baseboard

Property Features

Bank Owned Or REO No Commercial Type Commercial Covenant No Offering For Sale Bldg./Land Possession Closing Present Use Food/BeverageIndustrialLodgingOfficeProfessionalRetailServiceWarehouse Short Sale No Tax Year 2021 Taxes 9050.00 Utilities City SewerCity WaterElectricGasTelephone Zoning C3

Listing Agent: Airika Lakkala
Listing Office: Berkshire Hathaway Homeservices - Butte, Office Contact Info:


© 2022 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2022-12-01T09:21:35.707.
 
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