140 W Park Street, Butte, MT 59701

The historic Stephens Hotel Building is a premier mixed-use investment opportunity located at 140–146 West Park Street in the heart of Uptown Butte, Montana. Positioned at the highly visible intersection of Park Street and Montana Street, this fully renovated landmark blends modern systems with preserved historic character. The property features ten renovated apartments on the second and third floors with spacious layouts, modern kitchens with stainless steel appliances, updated bathrooms, restored original woodwork, select in-unit laundry, and common laundry facilities. The main floor includes two established restaurant leases providing stable commercial income. Major updates include new plumbing, electrical, heating, and infrastructure. Located minutes from Intermountain Health Hospital, Montana Tech University, the Silver Bow County Courthouse, Northwestern Energy, shops and dining. The property delivers a 6.2% cap rate with additional upside through market rent increases.