Map of Property

The Grand Hotel | Mixed-Use | Adaptive Reuse Project

For Sale

120 W Broadway Street, Butte, MT 59701

This Butte property for sale is located at 120 W Broadway Street. The current listed sale price for The Grand Hotel | Mixed-Use | Adaptive Reuse Project is $1,425,000.

Contacts

broker

Michael Reams, CCIM

Starner Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 29,220 SF
  • Additional Rent Contact for pricing
  • Date Updated Jul 26, 2024
ButteLocated 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.

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Highlights

  • Iconic Building in Uptown Butte
  • 29,220 Existing SF on 5,140 City Lot
  • Mixed-use property - Brewery, Retail, and Residential
  • Adaptive Reuse Project - 2 floors are built with 4 floors of shell space
  • Located in Qualified Opportunity Zone
  • Offering includes adjacent 2,091 SF vacant lot

Getting around

  • 90/100

    Walk Score ®

  • 19/100

    Transit Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Butte, MT
  • Neighborhood Butte
  • Zip Code 59701

Points of Interest

  • Exxon

    1.29 miles

  • Conoco

    1.49 miles

  • Exxon

    1.60 miles

  • Conoco

    2.36 miles

  • Exxon

    2.49 miles

  • Cenex

    2.54 miles

  • Conoco

    3.05 miles

  • Exxon

    3.36 miles

  • Flying J

    3.38 miles

  • Exxon

    3.40 miles

  • Blacktail Canyon Trailhead Parkinglot

    8.38 miles

  • Pita Pit

    0.06 miles

  • Taco Del Sol

    0.06 miles

  • Pekin Noodle Parlor

    0.18 miles

  • Pork Chop John's

    0.21 miles

  • La Casa Toscana

    0.21 miles

  • Taco De Sol

    0.24 miles

  • SoHo Asian Cuisine

    0.24 miles

  • Subway

    0.26 miles

  • North 46

    0.28 miles

  • Fred's Mesquite Grill

    0.33 miles

  • Dancing Rainbow Natural Grocery

    0.08 miles

  • Safeway

    1.07 miles

  • Stokes Fresh Food Market

    1.20 miles

  • Safeway

    2.35 miles

  • Butte Plaza Mall

    2.83 miles

  • Thomas' Apparel

    3.23 miles

  • Sears Hometown

    3.30 miles

  • Walmart Supercenter

    3.71 miles

  • Murdoch's Ranch * Home Supply

    3.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Michael Reams, CCIM

Starner Commercial Real Estate