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Commercial investment opportunity offering an attractive in-place cap rate with significant room for future growth. Located at 1223 Kaw Avenue in Butte, this 1.59-acre city lot is zoned CM and improved with three storage facilities consisting of 60 units, a large yard leased to a commercial company, and a substantial commercial building occupied by a long-term tenant. The commercial building is equipped with an elevator. The commercial lease provides dependable income with annual base-rent escalations, while the tenant is responsible for property taxes, insurance, building maintenance, and other property-related expenses. The leased yard provides an additional established revenue stream, and the storage facilities generate current income with further upside available through increased occupancy and rental rates. The storage facilities are gated, monitored by security cameras, and receive security oversight. Continue operating the property in its current configuration, increase storage revenue, or explore future development opportunities. With multiple income streams, favorable lease terms, flexible commercial zoning, an already attractive cap rate, and substantial potential for additional revenue, this property presents a versatile investment opportunity with significant upside. Competitively positioned to attract serious investor interest.
Property Type(s):
Commercial
| Year Built | 1920 | County | Silver Bow |
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Additional Details
| LOT | 1.59 acre(s) |
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| LOT DIMENSIONS | 1.59 |
| TAXES | 10374.3 |
| ZONING | CM |
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Listing provided by: Bryanna Deschamps, Millennium Real Estate & Management | 1223 Kaw Avenue
IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2026.
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