Listed by Engel & Volkers
$1,100,000
47 E Broadway Street
Details
APN 01119713121070000
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 10,152
Units 8
Year Built 1900
Acreage 0.062
Zoning Commercial
Business district, walkable, heavy foot traffic, near university, restaurants, medical
Marketing 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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Listed by Engel & Volkers
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