40 E Broadway Street (Price & East), Butte, MT 59701

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$349,000

bedrooms

bathrooms

square feet

24,100

Acreage

Open Houses

year built

1893

Full Baths

Half Baths

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Originally constructed as the Montana Electric Building (1912) and the Ellwood Block (1893), the “Price” & “East” buildings are waiting for their next chapter of history to be written. With 24,100 +/- square feet between the two adjoined buildings and C3 Mixed Used Commercial zoning, possibilities are plentiful. Multiple levels lend themselves to ideal residential conversion on the upper floors with retail and dining options at street level. Sweeping views from the “Price” lower rooftop could be the perfect backdrop for an outdoor lounge. Additionally, elevator service and fire suppression infrastructure are already in place. Previously utilized as part of the Montana Power Company complex, the exterior mid-century turquoise paneling has been removed from the former Montana Electric Building revealing a restorable historic facade. While the original details of the Ellwood Block are still covered, a handsome bay fronted facade could be brought back to life. Current ownership has already established a transferable Qualified Opportunity Zone Fund along with starting the application process for Federal Historic Tax Credits. Additionally, the property is located within the Urban Revitalization Agency boundary and could be eligible for other special grants and loan programs involving the restoration and redevelopment of this set of 100+ year old buildings. The “Price” & “East” are currently connected to the Western bordering structure(s). It will be the responsibility of a new owner to separate utilities accordingly. A new unique property address will also be assigned to property in the future.

Location
Subdivision	-
County	Silver Bow
Elementary School	-
Middle School	-
High School	-

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Open houses

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MLS number: 30026707

Listing agent: Jason Silvernale

Listing broker: Engel & Völkers Butte (406) 498-5682

Last update: Friday, April 18 2025 at 6:14 p.m. EDT

Kotohomes National