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Welcome to the historic Stephens Hotel Building, an exceptional 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 landmark property has been thoughtfully and extensively renovated to preserve its historic character while incorporating modern systems and finishes throughout. The building is fully updated with new plumbing, electrical, heating, and major infrastructure improvements, offering investors a turn-key asset with immediate income and long-term appreciation potential.

The second and third floors feature ten newly renovated residential apartments designed to attract today’s tenants while honoring the building’s original architectural details. Each unit offers spacious living areas with abundant natural light, modern kitchens with stainless steel appliances, and updated bathrooms with quality fixtures. Select units include in-unit laundry, and common laundry facilities are provided for tenant convenience. Original woodwork and restored historical elements add character and charm rarely found in renovated multi-family assets.

The main level is home to two established and renovated restaurant leases that provide stable commercial income and benefit from strong foot and vehicle traffic in one of Uptown Butte’s most active corridors. The property is located minutes from Intermountain Health Hospital, Montana Technological University, the Silver Bow County Courthouse, Northwestern Energy Headquarters, and numerous local shops, restaurants, bars, and pubs, ensuring consistent residential and commercial demand.

Offered at $2,900,000, the property delivers a 6.2% cap rate with additional upside through potential market rent increases. This is a rare opportunity to acquire a fully renovated, income-producing historic asset in one of Butte’s most desirable and walkable locations, combining strong cash flow, long-term appreciation, and architectural distinction in a single investment.

Butte

140 W Park

None Beds

None Baths

N/A

$2,900,000

MLS#: 407747

Anaconda

504 N Cable Road

5 Beds

2 Baths

1,344 Sq.Ft.

$525,000

MLS#: 393642

78 Acres of Montana Property for Sale bordering National Forest for over ½ of a mile. This property is situated in the Elkhorn Mountains. It features its own private, gated road with several cabin sites, making it ready for you to pull your camper today or build a mountain getaway. This property comprises four individual properties, making it an excellent opportunity to purchase with family or friends. From this property, you can walk or ride out onto the National Forest and go for miles and miles. The fact is, this property borders more National Forest property than you could cover in a lifetime! The views appear to have been straight out of a postcard from Montana. Enjoy the neighbors – Elk, Deer, Moose, Big Horn Sheep, and black bear. This property is located in one of Montana’s trophy Elk hunting districts and is situated within a wildlife management area. This management strategy provides the elk with a safe wintering habitat, which is a significant factor contributing to the high number of large bulls in the Elk Horn Mountains. There are enough elk here that you can even apply for an extra cow elk tag. This also means that access is limited during the winter, and motorized vehicles are not allowed from December 2nd to May 15th every year. This is a Forest Service closure to protect the winter grounds for wildlife. The road is open in the Spring, Summer, and during the Fall hunting season. There are miles of roads to run your ATV on or take a drive on with your truck and enjoy the Montana mountains. Enjoy all remote Montana has to offer, but you're still only 15 miles from Townsend, where you can get all the supplies you need and even a warm meal and a cold beer! And you're only 40 miles south of Helena and about 65 miles north of Bozeman, MT. That also means you're only 20 miles from Canyon Ferry Lake. Fishing on Canyon Ferry is off the charts good; the lake is full of Trout, walleye, Pike, and Perch. This also means that the Missouri River is only 15 miles away, boasting world-renowned fly fishing, making the Missouri a true Gem, you have a hard time finding a better location! This is the place to build your mountain escape, where you can imagine listening to elk bugling from your deck or while sitting around the campfire. If you have dreamed of this, this is the property for you.

Townsend

TBD Indian Creek Road

None Beds

None Baths

77.93 acres

$1,200,000

MLS#: 406164

Just completed 83 unit subdivision. Curb, gutters, asphalt streets, underground utilities to all building sites. 1 block to Margaret Leary School. Tax value is TBD by Butte‌‌‌‌‌‌‌ Silverbow.

Butte

Lot #69 Avon Circle

None Beds

None Baths

0.2351 acres

$99,750

MLS#: 374967

Desirable Madison Addition lot tucked in a private location on a lovely Cul-de-sac. One of the larger lots in the subdivision in a neighborhood of attractive single-family homes. Discover the perfect blend of beauty and convenience of town amenities. This location offers prime opportunity to be in the heart of Yellowstone Country only minutes from town shops, school, events, year-round trails and adventures. All the city services are available to the lot. Feel more like you're off the beaten path in this neighborhood with the added privacy buffer of the timbered public park in the center of the court. Opportunities like this are few and far between with only a handful of vacant lots remaining in the subdivision. Build to your specifications, creating your dream home in a highly sought after Madison Addition location. Whether you're ready to design and build or simply wanting to secure your future homesite. Don't miss your chance!

West Yellowstone

TBD Grouse Court

None Beds

None Baths

0.325 acres

$325,000

MLS#: 407753

Big Sky

291 Inspiration Point Road 11C

5 Beds

6 Baths

4,146 Sq.Ft.

$7,000,000

MLS#: 394600

#406479

Bozeman

TBD (Lot 2) N Cottonwood

None Beds

None Baths

0.287 acres

$895,000

MLS#: 406479

Butte

TBD Mahalo Lane

None Beds

None Baths

1.01 acres

$95,000

MLS#: 408752

Charming Historic Home with Modern Updates in a Prime Location Step into timeless elegance with this beautifully maintained two-story single-family home, built in 1888 and thoughtfully updated for modern living. Nestled in a charming and private neighborhood just minutes from downtown, this home offers the perfect blend of historic character and contemporary convenience. Inside, you’ll find stunning original woodwork and vintage details throughout, adding warmth and personality to every room. The main floor features a spacious bedroom and full bath, convenient main floor laundry, and a welcoming layout perfect for daily living or entertaining. Upstairs, you’ll find two additional bedrooms, a second full bath, and a versatile bonus room—ideal for a home office, playroom, or guest space. The exterior is equally impressive, with an elegantly landscaped yard offering privacy and beauty in every season. Enjoy the detached two-car garage and take full advantage of the home's location near local shops, restaurants, and community events. With numerous updates throughout and undeniable curb appeal, this home is a rare opportunity to own a piece of history with all the comforts of today. Enjoy all that Anaconda has to offer - three golf courses - the Country Club, Fairmont Hot Springs and the Old Works, a Jack Nicholas course or travel west of town to Discovery Ski Basin or Discovery Bike Park. Boat and fish on Georgetown Lake in the summer and ice fish, cross ski and snowmobile in the winter. Hike in the Pintlar Winderness or drive down the Big Hole to fly fish. If you want a day of fun and adventure, take a trip to Philipsburg.

Anaconda

706 Locust Street

3 Beds

2 Baths

2,608 Sq.Ft.

$350,000

MLS#: 408340

Bozeman

5 W Mendenhall Street 410

3 Beds

3 Baths

2,494 Sq.Ft.

$2,098,000

MLS#: 401438

Lot 5 in Highlands West offers an extraordinary opportunity to build your dream home in one of the region’s most coveted communities. This ski-in, ski-out 1.97+/- acre homesite is situated to capture breathtaking views of the rugged mountain landscape, with a mix of open space and mature pine trees that enhance both privacy and natural beauty. The property’s gently rolling terrain provides an ideal foundation for a custom design-build opportunity, tailored to maximize the panoramic vistas and capture the essence of mountain living. Residents will enjoy the perfect blend of seclusion and convenience, as the lot is just a short distance from two Tom Weiskopf golf courses, Montage Big Sky, the vibrant Town Center, 5,850+/- acres of ski terrain at Big Sky Resort, and Aspire Lodge, the highly anticipated 28,000 sq. ft. Spanish Peaks Member amenity building. With year-round recreational activities right at your doorstep—whether hiking, biking, and exploring during the summer or skiing and snowshoeing in the winter—Lot 5 offers a remarkable setting for a luxury mountain retreat. Don’t miss the chance to create a legacy property in the prestigious Highlands West community, where Montana’s majestic beauty meets unmatched outdoor adventure.

Big Sky

Lot 5 Highlands West

None Beds

None Baths

1.97 acres

$4,100,000

MLS#: 388959

Welcome home to this beautifully situated top-floor, 2-bedroom, 2-bathroom condo offering comfort, convenience, and stunning Bridger Mountain views. Located on the second floor, this light-filled residence enjoys added privacy and peaceful living with no neighbors above.

The open-concept living and dining area flows seamlessly to a covered balcony, the perfect spot to enjoy morning coffee or unwind while taking in the mountain scenery. The thoughtfully designed floor plan features two spacious bedrooms, including a primary suite with an ensuite bathroom, providing flexibility for guests, a home office, or roommates.

Additional highlights include a detached one-car garage, an extra designated parking space, and ample storage throughout. Situated near Bozeman’s excellent shopping, dining, and amenities, this condo offers the ideal blend of easy living and Montana lifestyle.

Whether you’re looking for a full-time residence or a lock-and-leave option, or an investment opportunity, this top-floor condo is sure to deliver!

Bozeman

2240 Baxter Lane B6

2 Beds

2 Baths

970 Sq.Ft.

$343,000

MLS#: 407582

Welcome to this beautifully designed new offering in The Porches at Blackwood Groves, where timeless design meets modern Montana living. A spacious covered porch greets you at the entry, leading into a stunning double-height great room anchored by a cozy fireplace and abundant natural light. The kitchen is perfectly appointed with premium appliances, quartz countertops, a walk-in pantry, and an oversized island that opens seamlessly to the dining and living areas, ideal for gathering with family and friends. The main level offers both a junior suite and a luxurious primary retreat with direct courtyard access, a soaking tub, double vanity, and generous walk-in closet. Upstairs, two additional bedrooms and a full bath surround a versatile den or flex space that’s perfect for a playroom, lounge, or home office. A private courtyard, refined finishes, and a two-car garage complete this thoughtfully designed home that embodies the easy, connected lifestyle of The Porches at Blackwood Groves. With thoughtful neighborhood amenities including 12 parks, ample open space, dog parks, fitness loops, and amazing connectivity to the areas best schools, Blackwood Groves offers something for everyone. Thoughtfully positioned on Bozeman's coveted southside near Montana State University, bustling Downtown Bozeman, hospitals, dining, and shopping, Blackwood Groves truly encompasses the best of what Bozeman has to offer.

Bozeman

1410 Arbor Way

4 Beds

2 Baths

2,664 Sq.Ft.

$1,149,000

MLS#: 406745

Butte

104 E Center

1 Beds

1 Baths

930 Sq.Ft.

$50,000

MLS#: 409041

Discover easy living at 1310 Yellowstone Ave. This comfortable 2 bedroom, 2 bath condo offers 1,106 sqft. with spacious bedrooms, a bright living area, and a balcony that provides pleasant views for morning coffee or quiet evenings. The seller chose this home for its convenient mid town location, peaceful setting, and the lifestyle it supports. They have loved the community pool, the quiet atmosphere, the low utility bills, and the fact that snow removal and yard maintenance are taken care of for you. The property includes a reserved covered parking space plus an additional storage closet for extra convenience. The HOA provides water, lawn care, snow removal, exterior maintenance, and building insurance, which allows for more free time and fewer tasks to manage. If you are looking for a place that feels cozy, well kept, and easy to maintain, this condo is worth a look. Info deemed reliable but not guaranteed. Buyer/buyer agent to verify.

Billings

1310 Yellowstone Avenue 16

2 Beds

2 Baths

1,106 Sq.Ft.

$215,000

MLS#: 403127

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