4
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$1,100,000
Est. payment /mo
3.12 Acres Lot
Active
000 Discovery DR Butte, MT 59701
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UPDATED:
09/30/2024 07:28 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 30032990
HOA Y/N Yes
Annual Tax Amount $3,366
Tax Year 2023
Lot Size 3.120 Acres
Acres 3.12
Property Description
**Prime Development Opportunity in Butte, MT** Seize the opportunity to develop a 56-unit apartment complex in the heart of Butte, Montana—widely known as "The Richest Hill on Earth." This to-be-built project is strategically located in Butte’s city center, a thriving community that continues to grow while preserving its rich heritage and vibrant sense of community. Butte’s appeal extends beyond its historical significance. The city is a hub for outdoor enthusiasts and offers top-tier educational institutions like Montana Tech, known for its nationally and regionally ranked programs in engineering, sciences, and healthcare. Additionally, the area is supported by major employers, ensuring a stable and growing population. The fully entitled site is shovel- ready, with approved plans and permits for two buildings, each housing 28 units across two stories. The unit mix is designed to cater to a diverse tenant base, with 24 studio units, 24 two-bedroom/two-bathroom units, and 8 one-bedroom/one-bathroom units, all featuring resident storage lockers. Located near the Butte Family YMCA, Montana Dance Works, and the Copper Mountain Sports and Recreation Complex, this project offers future residents an unparalleled living experience with easy access to downtown Butte and Interstate 90. This is a rare opportunity to invest in a high-demand, growing market. Don’t miss out on capitalizing on Butte’s ongoing development and growth trajectory.
Location
State MT
County Silver Bow
Zoning C3
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available
Amenities Available None
Waterfront No
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
HOA Name Copper Peaks
Senior Community No
Tax ID 01119725401030000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Berkshire Hathaway HomeServices - Butte
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