120 W Broadway Street, Butte, MT

$1,475,000

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29,220

Square feet

About 120 W Broadway Street

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 of 120 W Broadway Street

MLS® # 377718
Price $1,475,000
Bathrooms 0.00
Square Footage 29,220
Acres 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Building
Status Active

Community Information

Address 120 W Broadway Street
Area 10BNE - Butte - N of Front, E of Montana
City Butte
County Silver Bow
State MT
Zip Code 59701

Amenities

Utilities Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Parking Gravel, On Street
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Electric
Cooling Ceiling Fan(s)
Fireplace No
Has Basement No

Additional Information

Date Listed October 25th, 2022
Days on Market 398
Zoning C3 - Central Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No
Horses Allowed No

Listing Details

AgentMichael Reams
OfficeStarner Commercial Real Estate
Data Source: MRMLS

Listing Map

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