NEW! Buy and sell safely with virtual options - Learn More
About the Listing 540000013 - mt.545000134
This historic Butte landmark, The Grand, offers a unique opportunity for visionary investors. Built between 1915-1916 as a robust labor temple, its unconventional 2-foot-thick brick exterior speaks to its enduring strength. After a storied past as a hotel, housing Golden Glove boxers under Senator Burton K. Wheeler's direction, The Grand was acquired by the Bolter family and later Bob Lequere, who established a high-altitude boxing training center. The building boasts significant modern upgrades. The basement, home to the Quarry Brewery, was fully renovated in 2011 with updated electrical and in-floor heating, and holds a long-term lease. The first floor, updated in 2013 with new electrical and plumbing, features a leased space for Derailed Bike Shop (seeking a long-term lease), a private party room, and two offices with an inviting lobby. This floor's unique 2x8 edge-set timber deck provides robust support. See Supplemental Remarks. The upper four floors (2-5), each spanning 4,986 square feet, are a developer's dream. Currently with original lath and plaster construction, they are primed for conversion into 20 apartments or condos (five per floor), with a proposed mix of two-bedroom/two-bath, two-bedroom/one-bath, and studio units. Floors 3 and 5 offer exceptional flexibility, with the 3rd floor capable of being cleared for an open layout, and the 5th floor providing stunning 360-degree mountain views. Plumbing and electrical stubs are already in place, ensuring a smooth development process for the upper floors.
Listing Highlights for 120 W Broadway St
Status
Active
Days on Site
112
Property Type
Commercial Sale
MLS ®
30050142
Year Built
1917
Total Square Footage
29,916
Lot/Acreage
0.12
County
Silver Bow
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: 6
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $8,740
- Taxes w/Assessments: N/A
- Tax/Property ID: 01119713113150000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
120 W Broadway St Butte, MT 59701
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
