$589,000
Active
24 Days Online
0 Beds0 Baths24,100 SQFT
Active

40 E Broadway (Price & East) Street Butte, MT 59701

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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 are 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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountySilver Bow
  • Taxes$4,575
  • HOA/Condo/Coop Fees$0
  • Days on Site24 Days
  • MLS StatusActive
  • MLS ID Number392305
  • Home Size Source N/A
  • Year Built1893
  • Lot Size0.1802 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking On Street
  • Sewer Public Sewer
  • Acreage 0.1802
  • Water Public
  • Zoning C3 - Central Commercial
  • Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available

Interior Features

  • Cooling Central Air
  • Heating Baseboard

Community Features

  • MLS Area Butte and Surrounding Areas

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Monthly Payment (Est.)

$3,119
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