$425,000

65 E Park Street

Butte MT, 59701

Description

Subject is the building with the blue awning. Near the corner of Park and Main in Uptown Butte. Approximately 8,700 square feet. Space is mostly open which creates the opportunity for many potential uses ranging from general commercial, retail, office, warehouse to re-development into residential or mixed-use. The new Northwestern Energy building is in the same block and the proposed new medical training center is within one-block. Building has been well maintained and updated. Property is also located in the Urban Revitalization District, which can help secure URA grants and favorable acquisition and development loans; as well as within Butte's IRS designated Opportunity Zone, so if criteria are met, the buyer can gain significant tax advantages. Owner also owns the adjoining property to the west (as shown in picture), these buildings are currently effectively combined with approximately 19,400 total square feet and can be purchased together, see mls# 350454.

Details

MLS#350509
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1905
Days On Site26

Features

SQ Feet8,700

Market Activity 59701

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Area Information
StateMT
CountySilver Bow
CityButte
Zip Code59701
AreaButte and Surrounding Areas
Listing VS Median (in 59701)
Price:
$425,000
low | high
Med:
$165,000
100% of Average
SqFt:
8,700
low | high
Med:
2,406
100% of Average
$ / SqFt:
$49
low | high
Med:
$69
9.615666715564% of Average
On Site:
26
low | high
Med:
9
100% of Average
Listing Updated: 10/27/2020
Gary Shea LogoMLS Number: 350509
Listing Provided By:
Gary Shea  of  Century 21 Shea Realty
All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS.