510 W Hemlock, Bozeman, MT 59715


MLS® ID: 385322
Type: Land

W TBD Mercury Street
Butte, MT


Presenting a unique real estate opportunity located on the SE corner of Mercury and Colorado Streets, this commercial lot offers a level topography and central location, and is currently generating monthly rental income. Zoned C-2, the property boasts an advantageous opportunity for the development of live-work-play units, mixed-use, and multi-family residential, among many other uses. What sets this property apart is its strategic positioning within the Opportunity Zone & the New Market Tax Credit census tract, as well as the local URA district offering significant development grants (up to $150,000 per year), loan programs, and other advantages. Surrounded by prominent landmarks, the property finds itself neighbored by the new Dairy Queen to the west, Pork Chop Johns to the east, the esteemed Action Inc. non-profit organization to the south, and the captivating Chinese Heritage Museum to the north. This eclectic mix of neighbors further highlights the property’s potential for diverse and vibrant community integration. The property is located within walking distance of all Uptown Butte amenities, including beautiful Emma Park. This lot is currently being rented on a month-to-month basis by a local corporation using it for equipment storage. This lot lease is transferable to a buyer, creating a very unique opportunity to earn a 4% cash return on vacant land while completing your plans to develop the property. This is a remarkable chance to invest in a strategically positioned property with versatile development opportunities, financial incentives, monthly cash flow, and a strong community backdrop. Contact us to explore the possibilities and seize this exceptional real estate offering.

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Zip 59701


Property Type Land

Lot Size 0.277

Levels N/A
Office Name Berkshire Hathaway - Butte

Year Built N/A

Subdivision Other

Area Butte and Surrounding Areas

Status Active

Listing Agent: Airika Lakkala


(Data provided by Gallatin-BigSky-BSC data)

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