MLS ID: 377718 $1,800,000.00

W 120 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.


29220 SQFT

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Location

Amenities

Zip 59701

SQFT 29220

Property Type Commercial Sale

Lot Size

Levels -112.538738
Office Name Starner Commercial Real Estate

Year Built 1900

Subdivision N/A

Area Butte and Surrounding Areas

Status Active
Zip: 59701

SQFT: 29220

Property Type: Commercial Sale

Lot Size:

Levels: -112.538738

Office Name: Starner Commercial Real Estate

Year Built: 1900

Subdivision: N/A

Area: Butte and Surrounding Areas

Status: Active

Listing Agent: Michael Reams



(Data provided by Gallatin-BigSky-BSC data)