Historic Montana Mixed Use Opportunity

$700,000
  • 1,941 m² Plot surface

Description

Originally constructed in 1892, the Tuttle Building has endured and added to the rich history of the Mining City over the last 132 years and is ready for its next chapter of history to be written. With 3 levels and over 17,000 SF above ground, along with a full basement, there is an abundance of space for a new end use. With designated C3 Mixed Use Zoning, opportunity awaits with a variety of potential uses - including residential condos or apartments, boutique lodging, dining, retail, office space, and medical professional space. Extraordinary original details remain throughout the building including oak woodwork, tin ceilings, and 3 historic vault doors to reincorporate into your rehabilitation design. Located within the Urban Revitalization Agency and Opportunity Zone boundaries - there may be potential financial incentives, grant funding, and tax credit opportunities for the rehabilitation of this historic structure. The Tuttle is centrally located with the ever popular Original Mine Yard to the North West, Federal Court House to the North, Butte Silver Bow Archives to the West, and Uptown Business District to the South. Unique to Butte, this structure offers unobstructed exposure on all four sides with wonderful views in all directions. Although there will be some infrastructure upgrades necessary, the building has many amenities that will be beneficial to a new owner including: a membrane roof, upgrades to wiring, newer sewer line to the street, wooden double pane replacement windows, commercial kitchen, a modern fire escape at the rear of the building, and elevator service infrastructure to all floors. Current courtyard space to the East could be converted to private off-street parking. The paved lot adjacent to that area is owned by Butte-Silver Bow and is not included in the sale of this property.

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Engel & Völkers

Your advisor: Jason Silvernale

Property ID: AM-5040511

Property details

Property type

Other

Plot surface

1,941 m²

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