2 Galena$495,000
Butte, MT
20529.00 SF
$495,000
Property Details
BIG PICTURE
Commercial
20529.00
FT2
Description
Prime Uptown Butte Redevelopment Opportunity – Shovel Ready, Permit in Hand This is a rare opportunity to acquire a shovel ready redevelopment project in the heart of Uptown Butte’s historic district. Formerly the home of the Post Daily Newspaper and later a popular bar, this property is already approved for a high-profile mixed-use restoration—permit in hand—with architectural plans from Cushing Terrell included. Located in Uptown Butte URA District. Approved Development Plans Feature: • Main Floor: two separate food and beverage spaces with limitless options plus two retail storefronts for additional income potential. • Second Floor: Flexible professional office space. • Partial Third Floor Addition: Executive offices, an upscale apartment, and a rooftop event space—ideal for private parties with panoramic city views. • Full Basement: Additional retail or expansion space. • Loading Dock: Convenient access via alley for deliveries and operations. Why This Property Stands Out: • Turnkey for Developers – No lengthy permitting delays; the hard work is done. • Prime Uptown Location – Surrounded by revitalized businesses, restaurants, and cultural destinations. • Historic Character Meets Modern Design – Plans balance Uptown Butte’s rich history with contemporary amenities. • Income Potential – Multiple revenue streams: retail, dining, office, residential, and event rental. This is your chance to bring a landmark back to life in Montana’s most storied city. With zoning that supports a variety of uses, this property is positioned to become a signature Uptown destination. New additions to the current building include: • Hazardous materials abatement complete. • Structural rehabilitation completed including entirely new roof structure. • Masonry repointing throughout. • New roof in progress to be complete fall 2025 with 20 year warranty.PRICE
$495,000
FEATURES
- MLS #: 405605
- Commercial
- Built in 1900
- Price/sqft: $24.11