New

Historic Grand Hotel with Income & Future Potential!

$800,000
  • ~1,302 m² Total surface

Description

For more than a century, The Grand Hotel has been part of Uptown Butte. With +/-29,220 square feet across six floors, this historic mixed-use building combines established commercial spaces with four upper levels ready for future use. The lower level is home to Quarry Brewing, while Derailed Bike Shop and a renovated event venue occupy the main floor. Once serving as the hotel's lobby and reception area, the main level now features a stage, sound system, office space, storage areas, and restrooms. Significant electrical, plumbing, and heating improvements have already been completed on the lower floors. The upper levels were formerly used as hotel rooms and remain largely untouched. Plumbing and electrical stubs are already in place, and the existing layout lends itself to a variety of possibilities. Preliminary concepts have envisioned up to 20 residential units across floors 3 through 6, including a mix of studio, two-bedroom, and two-bedroom/two-bath layouts. Many original architectural details remain throughout the building, including hardwood flooring and a central light well that provides natural light to the interior rooms. The original elevator shaft remains intact and could potentially be restored to serve the upper floors. The sale also includes a 2,100 SqFt lot located across the street, providing additional flexibility for future use, subject to buyer verification. Located in the heart of Uptown, near restaurants, entertainment, and local businesses, The Grand Hotel offers existing commercial tenancy, substantial square footage, and the opportunity to continue the story of one of Butte's most recognizable historic buildings.
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Engel & Völkers

Your advisor: Heather Choquette

Property ID: AM-5525110

Property details
  • Property type

    Commercial Space

  • Total surface

    ~1,302 m²

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