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Karen and Ed Thomes
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(406) 587-9566
Mobile Phone:
(406) 570-6070
ed.thomes@
bhhsmt.com
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FOR SALE
$1,500,000
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120 W Broadway Street
Butte, MT 59701

Other
Residence
29,220
Sqft
Courtesy: Michael Reams - Starner Commercial Real Estate

Description for 120 W Broadway Street Butte, MT 59701

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.

Property Details

377718
Other
Silver Bow
1900
Public
Public Sewer
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Courtesy: Michael Reams - Starner Commercial Real Estate
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS.
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Karen and Ed Thomes

2001 Stadium Dr. Ste. A, Bozeman, MT 59715 | Phone: (406) 570-6070 | Email: ed.thomes@bhhsmt.com

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