$925,000
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12,290 SqFt
SOLD DATE : 04/29/2023
Key Details
Property Type Commercial
Sub Type Building
Listing Status Sold
Purchase Type For Sale
Square Footage 12,290 sqft
Price per Sqft $52
MLS Listing ID 377024
Sold Date 04/29/23
Year Built 1900
Annual Tax Amount $4,500
Tax Year 2021
Lot Size 4,199 Sqft
Acres 0.0964
Property Sub-Type Building
Property Description
Own a piece of Butte's Past, Present & Future! The Stephens Hotel Building on Park & Montana Streets.
Fully renovated main floor with 3 remodeled retail spaces on the street front. This level has new plumbing, electrical, heating & AC. Well established business with positive cash flow, fully staffed with management team in place & room for growth. Pita Pit (8.5 years in busines) has 1.5 years remaining on franchise agreement with option for renewal or lease space to new tenant. Current francishee will cover costs of franchise transfer. Taco Del Sol in operation for over 10 years. Center storefront for events, retail shop or other endeavors. Structural improvents include storefront shored up in basement & reinforced. The second & third floor is the historic Stephens Hotel (1891). These floors require complete updating but great bones are there with each floor having 16 boarding rooms & two skylights. All of the windows have been replaced on the upper floors and await your vision.
Location
State MT
County Silver Bow
Area Butte And Surrounding Areas
Direction SE corner of Park & Montana
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Available, Sewer Available, Water Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Tax ID 0000077900
Ownership Full
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Financing Trust Conveyance
Special Listing Condition Standard
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Bought with Coldwell Banker Markovich RE







