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47 E Broadway Street, Butte, MT 59701

$1,100,000
: 10,152
SqFt

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List Price: $1,100,000
Status: ACTIVE
Days on Market: 166
MLS#: 411113
Subtype: Commercial Sale
Year Built: 1900
Living Area: 10,152
MLS Area Major: Butte and Surrounding Areas

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Property Description

Right in the middle of Butte's historic business district, this circa 1889 brick and stucco building has three floors, a full basement, and a lot of potential. It sits in an Opportunity Zone and qualifies for URA and BLDC grants and loans, which makes the numbers work a lot better for a serious buyer. 9 apartments take up the upper floors. The tenants are month to month, so there's flexibility to take it whatever direction makes sense: Airbnb, rentals, owner occupancy, or something in between. The main floor runs as a café right now, doing weekday lunch and catering. Downstairs and in the dining rooms, there's central air. The roof is rubber membrane, and the electrical, sewer, and hot water heater have all been updated. For a building this age, it's in genuinely good shape.

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Additional Information

Taxes: $13,492
Heating: Baseboard
Air Conditioning: Varies by Unit