743 Wyoming StButte, MT 59701

  • Showrooms
  • 20,580 SF
For Sale
$499,000 View listing

Property Details for 743 Wyoming St

Year built
1911
Lot size
0.33 AC
Property size (Sq ft)
20,580 SF
Zone code
CM
Property type
Showrooms
APN
01-1197-13-4-21-01-0000
APU
1119713421010000

Description

This exceptional commercial property at 743 S Wyoming Street, Butte, Montana, presents a remarkable investment opportunity. Spanning 27,440 square feet across three floors and a full basement, this building sits on a sizable 0.33-acre corner lot in a vibrant uptown location. Its strategic positioning near popular retail and dining establishments maximizes visibility and accessibility. The property is zoned for commercial use and offers 360-degree views, making it ideal for a variety of businesses or redevelopment projects. The building features three-phase wiring on both the main floor and basement, ensuring ample power for diverse operations. A fully functional elevator conveniently connects all levels. The main floor, currently configured as office space with temporary walls, includes direct access to a 10' x 80' concrete loading dock with southern exposure, forced air heating, and a full bathroom. The expansive, open second and third floors offer significant potential for customization and expansion. The basement provides ample open space with garage door access, suitable for covered parking, additional storage, or even conversion into living space or retail area. Additional parking options are available, and the property's location within the Urban Revitalization District further enhances its appeal. The asking price is $499,000, and owner financing options are available. This is a rare chance to acquire a substantial commercial property with immense potential in a thriving Butte location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,410,236
    6.5%
    $4,994,064
    7%
    $4,637,345
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,057,412
    Geo Method
    $11,057,412
  • Alternative Use

    Use
    Valuation
    Residential
    $4,212,680
    Hospitality
    $3,858,792
    Educational
    $3,210,470
    Medical
    $3,320,882
    Retail
    $4,994,064

Location Insight

City
Butte
County
Silver Bow
State
Montana
Latitude
46.0054
Longitude
-112.531
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
$5,207
-
-
$414,400
-
$50,412
$363,988
$414,400

FAQs

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