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
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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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