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140 W Park Street, Butte, MT 59701

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For Sale

$2,900,000

12,290 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $235.96
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to the historic Stephens Hotel Building, an exceptional investment opportunity located in the heart of Uptown Butte, MT. This beautifully renovated property combines modern amenities with charming historical features, making it a rare gem in a prime location. With 10 newly renovated apartments, tw0 established restaurant leases, and an additional commercial space available for lease, this building is poised for both immediate income generation and long-term appreciation. Situated at the bustling intersection of Park St and Montana St, the Stephens Hotel benefits from high traffic and visibility, making it an ideal location for both residential and commercial tenants. Uptown Butte is known for its vibrant community, rich history and a diverse array of shops, restaurants, MT Tech university and cultural attractions. The building has undergone a complete transformation, with meticulous renovations that honor its historical character while incorporating modern conveniences. The entire building has been completely updated including plumbing, electrical system, heating and much more! The second and third floors of the building feature ten newly renovated apartments, each designed with modern finishes while retaining the original architectural details that make the Stephens Hotel Building unique. The apartments range in size and layout. Common laundry on the second and third floors for tenants. Each unit boasts spacious living areas with abundant natural light, modern kitchens equipped with stainless steel appliances, stylish bathrooms with high quality fixtures, beautifully restored original woodwork and en-suite laundry units in select units. The main floor of the building is home to two established restaurant leases, both of which had been renovated. The restaurants are designed with inviting atmospheres, showcasing a blend of modern aesthetics and historic charm. In addition to the existing restaurant leases, there is a vacant space on the main floor ideal for another commercial tenant. This property presents a unique opportunity for investors looking to acquire a multi-use building in a high traffic area. Don't miss your chance to own a piece of Butte's history and be a part of its bright future! Schedule a tour today!
MLS# 403368

Courtesy Of Keller Williams Capital Realty

(406) 449-2181

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Baseboard, Forced Air
  • Lot Size
    0.1 Acres

Map and Directions

Directions to 140 W Park Street, Butte, MT 59701

Home seller CENTURY 21 Shea Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Shea Realty

(406) 723-5455
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.