140 W Park St, Butte, MT

Name: 140 W Park St, For Sale in Butte - eXp Realty
Brand: platinum real estate
SKU: 407747
Price: 2900000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,900,000

000

MLS® 407747

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage No

Taxes $9,955

Days Active 0

Lot Size 0.099 acres

Approx. Age 1900

MLS® Number 407747

Property Address: 140 W Park St, Butte, MT, 59701-1716

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to the historic Stephens Hotel Building, an exceptional mixed-use investment opportunity located at 140–146 West Park Street in the heart of Uptown Butte, Montana. Positioned at the highly visible intersection of Park Street and Montana Street, this landmark property has been thoughtfully and extensively renovated to preserve its historic character while incorporating modern systems and finishes throughout. The building is fully updated with new plumbing, electrical, heating, and major infrastructure improvements, offering investors a turn-key asset with immediate income and long-term appreciation potential. The second and third floors feature ten newly renovated residential apartments designed to attract today’s tenants while honoring the building’s original architectural details. Each unit offers spacious living areas with abundant natural light, modern kitchens with stainless steel appliances, and updated bathrooms with quality fixtures. Select units include in-unit laundry, and common laundry facilities are provided for tenant convenience. Original woodwork and restored historical elements add character and charm rarely found in renovated multi-family assets. The main level is home to two established and renovated restaurant leases that provide stable commercial income and benefit from strong foot and vehicle traffic in one of Uptown Butte’s most active corridors. The property is located minutes from Intermountain Health Hospital, Montana Technological University, the Silver Bow County Courthouse, Northwestern Energy Headquarters, and numerous local shops, restaurants, bars, and pubs, ensuring consistent residential and commercial demand. Offered at $2, 900, 000, the property delivers a 6.2% cap rate with additional upside through potential market rent increases. This is a rare opportunity to acquire a fully renovated, income-producing historic asset in one of Butte’s most desirable and walkable locations, combining strong cash flow, long-term appreciation, and architectural distinction in a single investment.

MLS® Number407747

Laundry LevelCommon Area, Washer Hookup

Central VacNo

FireplaceNo

Acreage0.099

Exterior

GarageNo

Approx. Age1900

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 2, 2026List Date

$2,900,000List Price

Commute

Commute

Starting Address

Destination Address

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