000 Discovery Drive , Butte, MT 59701
Butte, MT 59701
Description
**Prime Development Opportunity in Butte, MT** Seize the opportunity to develop a 56-unit apartment complex in the heart of Butte, Montanawidely 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.
Details
| MLS# | 30032993 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 46 |
| Listing Provided By | Berkshire Hathaway HomeServices - Butte | Airika Lakkala |
Features
| Zoning | Commercial |
|---|---|
| Acreage | 3.12 |
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Learn More About This Property
| State | MT |
|---|---|
| County | Silver Bow |
| City | Butte |
| Zip Code | 59701 |
| Listing VS Median (in 59701) | |
Price: $1,100,000 low | high Med: $332,900 On Site: 46 low | high Med: 8.000000 | |