000 Discovery DR Active

Butte,MT 59701

$ 1100000

- Bed

- Bath

- SqFt


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

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

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