This impressive commercial building, situated in the heart of Uptown Butte's revitalized area near the intersection of Park and Main Streets, presents a unique investment opportunity. The three-story structure (two above-grade floors plus a basement) offers 38,050 square feet of space, divided into four distinct condominiums. Condominium #1, encompassing 18,186 square feet, boasts a flexible layout ideal for a variety of uses, including retail, general offices, executive suites, and ample support spaces such as reception areas and breakrooms. Multiple bathrooms are also included within this unit. Several units are currently generating rental income
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$73,978.20
6.5%
$68,287.60
7%
$63,409.90
Comparable approach
Method
Valuation
Relative Method
$77,821.60
Geo Method
$77,821.60
Alternative Use
Use
Valuation
Industrial / Distribution
$137,237
Retail / Commercial
$69,827.30
Mixed-Use / Specialty
$69,147.30
Hospitality / Lodging
$50,170
Institutional / Educational
$71,731.30
Residential Income
$83,925.60
Multifamily
$103,045
Automotive / Energy
$61,484
Parking / Income-Based Land
$21,643.20
Restaurant / Food Service
$35,044.20
Healthcare / Senior Housing
$71,351.30
Location Insight
City
Butte
County
Silver Bow
State
Montana
Latitude
46.0124
Longitude
-112.536
CBSA code
15580
CBSA name
BUTTE-SILVER BOW, MT MICROPOLITAN STATISTICAL AREA
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Park St Butte, MT 59701
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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