$550,000

400 W Park

Butte MT, 59701

Description

This turnkey business opportunity offers a steady income with a cap rate of 5% as of 9/19. It currently grosses over $64,000 per year. The building used to house St. Patrick School and currently has 8 long term tenants. This well-maintained building has been newly painted and new flooring installed. Most bathrooms have also been updated. The hallways are partially lined in tile and granite, which adds a professional and aesthetically pleasing touch. There are numerous entrances to the building and there is plenty of room for more tenants.

Details

MLS#339827
StyleIndustrial
Sub-TypeResale
StatusActive
Year1925
Days On Site28

Features

SQ Feet21,483
Story(s)0

Loading Form

Loading Form

Area Information

StateMT
CountySilver Bow
CityButte
Zip Code59701
AreaButte and Surrounding Areas
Subarea10BWM - Butte - West of Montana
Listing VS Median (in 59701)
Price:
$550,000
low | high
Med:
$158,000
100% of Average
SqFt:
21,483
low | high
Med:
1,206
100% of Average
$ / SqFt:
$26
low | high
Med:
$131
100% of Average
On Site:
28
low | high
Med:
69
40.579710144928% of Average
Listing Updated: 10/15/2019
MLS Number: 339827
Listing Provided By:
Denise Kelly  of  RE MAX Premier
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.