120 W Broadway Street
Butte, MT 59701

ACTIVE
$1,425,000

Listing Courtesy of Michael Reams, Starner Commercial Real Estate

Listing #377718

29220

Square Feet

Building

Type

About this property

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 features

Location Information

MLS Area

Butte - N of Front, E of Montana

Subdivision

Longitude

-112.538738

Latitude

46.01323

Directions

From I-90 W, Take exit 126 for Montana Street. Turn right onto Montana St. Turn right onto W Broadway St. Destination will be on the right.

INTERIOR FEATURES

Interior

Square Feet

29220

Bedrooms

Full / Half Baths

/ 0

Heating

Baseboard,Electric

Half Baths

0

Cooling

Ceiling Fan(s)

Floors

Laundry

Basement Description

Exterior FEATURES

Style

Stories

0

View Description

Exterior

Parking Description

Gravel,On Street

Garage Spaces

0

Lot Size in Acres

NA

Water

Public Sewer

Zoning

C3 - Central Commercial

Patio / Deck Description

Fencing

ADDITIONAL INFORMATION

Year Built

1900

Roof/Attic

Property SubType

Building

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX 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. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2024-09-07 20:01:14 PM MT

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