59 Park StButte, MT 59701

  • Retail properties
  • 16,705 SF
For Sale
$58,000 View listing

Property Details for 59 Park St

Year built
1905
Construction
WOOD
Lot size
0.19 AC
Property size (Sq ft)
16,705 SF
Zone code
C3
Property type
Retail properties
Property subtype
Retail space
APN
01-1197-13-1-15-06-0000
APU
1119713115060000

Description

Invest in five brand-new commercial condos nestled within a beautifully renovated century-old building in Uptown Butte, Montana. Located at 59 E Park St, this mixed-use development offers a unique opportunity to establish your business in a vibrant, up-and-coming area. These units are perfect for a variety of uses, including traditional office space, executive suites, or even a unique retail establishment. The condos feature expansive floor-to-ceiling windows, providing abundant natural light and creating an inviting atmosphere. The interior spaces are currently unfinished, allowing for complete customization to suit your specific needs and vision. This prime location near the corner of Park and Main Streets offers excellent visibility and accessibility. The building's recent 2024 renovation seamlessly blends historic charm with modern amenities, reflecting Butte's progressive spirit. These commercial condos are part of a larger project that includes residential units, fostering a diverse and thriving community. Don't miss this chance to be part of Butte's exciting revitalization. Contact us today to learn more about these exceptional investment opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,391,544
    6.5%
    $4,053,734
    7%
    $3,764,181
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,975,416
    Geo Method
    $8,975,416
  • Alternative Use

    Use
    Valuation
    Residential
    $3,419,476
    Hospitality
    $3,132,222
    Educational
    $2,605,972
    Medical
    $2,695,595
    Retail
    $4,053,734
59 Park St, Butte, Montana

Location Insight

City
Butte
County
Silver Bow
State
Montana
Latitude
46.0132
Longitude
-112.534
CBSA code
15580
CBSA name
BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,946
-
-
$616,572
-
$47,082
$569,490
$616,572

FAQs

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