2 Galena$495,000

Butte, MT

20529.00 SF

$495,000

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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

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Listed By: Kristi Markovich, Coldwell Banker Markovich RE