$449,000
Calculate Payment
40 E Broadway Street Butte, MT 59701
Other
Residence
Beds
Baths
...
Bed/Bath
24,100
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Originally constructed as the Montana Electric Building (1912) and the Ellwood Block (1893), the “Price” & “East” buildings are waiting for their next chapter of history to be written. With 24,100 +/- square feet between the two adjoined buildings and C3 Mixed Used Commercial zoning, possibilities a...re plentiful. Multiple levels lend themselves to ideal residential conversion on the upper floors with retail and dining options at street level. Sweeping views from the “Price” lower rooftop could be the perfect backdrop for an outdoor lounge. Additionally, elevator service and fire suppression infrastructure are already in place. Previously utilized as part of the Montana Power Company complex, the exterior mid-century turquoise paneling has been removed from the former Montana Electric Building revealing a restorable historic facade. While the original details of the Ellwood Block are still covered, a handsome bay fronted facade could be brought back to life. Current ownership has already established a transferable Qualified Opportunity Zone Fund along with starting the application process for Federal Historic Tax Credits. Additionally, the property is located within the Urban Revitalization Agency boundary and could be eligible for other special grants and loan programs involving the restoration and redevelopment of this set of 100+ year old buildings. The “Price” & “East” are currently connected to the Western bordering structure(s). It will be the responsibility of a new owner to separate utilities accordingly. A new unique property address will also be assigned to property in the future.
Continue reading
MLS#
30026707
Property Type
Other
Year Built
1893
Square Feet
24,100
sq. ft
Lot Size
0.18
Receive an email as soon as the price changes
Receive an email
as soon as the price changesGet Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.