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MLS #395277
PRICE$1,100,000
Butte, Montana
000 Discovery Drive
Active4Photos
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**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.
- Acres
3.12 - Days on Market
93
- Type: Land
- Subtype: Unimproved Land
Listing Provided By Berkshire Hathaway - Butte, Airika Lakkala
Additional Features
- Association
Yes - City
Butte - Contract Status Change Date
2024-08-22 - Cumulative Days On Market
5 - Directions
Corner of Hansen Road and Discovery Drive across from the Butte Family Y M C A. - Latitude
45.981637 - Listing Contract Date
93 - Listing Key
1081919489 - List Price
1100000 - Longitude
-112.536469 - Lot Size Acres
3.12 - Lot Size Square Feet
135907 - MLS Area Major
Butte and Surrounding Areas - MLS Area Minor
10 B W - Butte - W of Harrison to 4 Mi V - MLS Status
Active - Original List Price
1100000 - Originating System Name
S W M T - Ownership
Full - Parcel Number
0000951525 - Photos Count
4 - Postal Code
59701 - Property Sub Type
Unimproved Land - Property Type
Land - Sewer
Public Sewer - Standard Status
Active - Subdivision Name
Other - Tax Annual Amount
3366 - Tax Legal Description
S25, T03 N, R08 W, C.O.S. 1040B-RB, ACRES 3.12, TRACT A-2 POR WATHENA PLACER & GOV LOT 16 - Tax Year
2023 - Unparsed Address
000 Discovery Drive - Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available - Waterfront Features
None - Water Source
Public
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Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.