Commercial · Butte, MT 59701

1223 Kaw Avenue, Butte, MT 59701

Butte, MT 59701

$1,350,000

ActiveMLS® 30074830

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ActiveMLS® 30074830
$1,350,000
1223 Kaw Avenue, Butte, MT 59701
Bds Ba 8,268 Sq.Ft. 1.59 Ac
Description

Commercial investment opportunity offering an attractive in-place cap rate with significant room for future growth. Located at 1223 Kaw Avenue in Butte, this 1.59-acre city lot is zoned CM and improved with three storage facilities consisting of 60 units, a large yard leased to a commercial company, and a substantial commercial building occupied by a long-term tenant. The commercial building is equipped with an elevator. The commercial lease provides dependable income with annual base-rent escalations, while the tenant is responsible for property taxes, insurance, building maintenance, and other property-related expenses. The leased yard provides an additional established revenue stream, and the storage facilities generate current income with further upside available through increased occupancy and rental rates. The storage facilities are gated, monitored by security cameras, and receive security oversight. Continue operating the property in its current configuration, increase storage revenue, or explore future development opportunities. With multiple income streams, favorable lease terms, flexible commercial zoning, an already attractive cap rate, and substantial potential for additional revenue, this property presents a versatile investment opportunity with significant upside. Competitively positioned to attract serious investor interest.

Interior
  • Flooring Concrete, Wood
Exterior and Construction
  • Construction See Remarks
Land and Lot
  • Lot size 1.59 acres (69,260 sq ft)
Location and Zoning
  • Road/Access Asphalt
  • Zoning Commercial
  • Zoning description CM
  • County Silver Bow
Schools
  • School District Butte Elementary School District
Tax and Legal
  • Annual tax $10,374.30
  • Tax year 2025
  • Parcel number 01119724418300000
  • Legal description VALLEY ADD, S24, T03 N, R08 W, BLOCK 42, Lot A, & TRACT C (COS 511-A)

Listing Information

Listing Agent
Bryanna Deschamps
Listing Office
Millennium Real Estate & Management
MLS logo

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