Description
Investors and developers! Just over 23,000 sqft commercial and multifamily lot in Uptown Butte. Recently zoned C-2, the property allows a wide range of commercial uses, including multifamily residential. The lot sits in an Opportunity Zone with significant tax advantages, and also in a New Markets Tax Credit Zone. The current seller was awarded an East Butte RRA development grant prior to the sunset of that program, and has been informed by the city/county that the grant may be transferable to a new owner, subject to applicable program terms and conditions. The grant exceeds $100,000. Seller financing of a portion of the purchase price may be available!!The lot elevation provides magnificent views of the surrounding mountain ranges and is conveniently located within walking distance of Uptown shopping and dining, along with being in close proximity to several large scale development projects which are currently in the planning stages.
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0BEDS
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0.54ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investors and developers! Just over 23,000 sqft commercial and multifamily lot in Uptown Butte. Recently zoned C-2, the property allows a wide range of commercial uses, including multifamily residential. The lot sits in an Opportunity Zone with significant tax advantages, and also in a New Markets Tax Credit Zone. The current seller was awarded an East Butte RRA development grant prior to the sunset of that program, and has been informed by the city/county that the grant may be transferable to a new owner, subject to applicable program terms and conditions. The grant exceeds $100,000. Seller financing of a portion of the purchase price may be available!!The lot elevation provides magnificent views of the surrounding mountain ranges and is conveniently located within walking distance of Uptown shopping and dining, along with being in close proximity to several large scale development projects which are currently in the planning stages.
© 2022 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or L&K Real Estate. Data last updated: 2022-05-28T23:51:13.317.