501 W GraniteButte, Montana MT59701

Listing ID362670

0.197 Acres


The Mueller Apartments in Uptown Butte. Built in 1917 as an investment by A. H. Mueller, president of Centennial Brewing Company. Six floors including the basement. 53 units, a mix of 1-Bed units (Approx 20) and Studios (Approx 33). Approximately 6,500 square feet per floor to a total building size of of approximately 39,000 square feet. Although about 15 apartments are currently rented, the Mueller is in need of renovations and it's promising future requires a re-development project. The Mueller is in the URA District (Urban Revitalization Agency) which is designed to promote the redevelopment & stimulation of investment within Butte's uptown central uptown business district. URA grants & loans are probable. The building incorporates Italian Renaissance style design elements: a symmetrical façade, a rusticated first story, keystone arches over the first-floor windows, and paired brackets and dentils under the cornice. Stained glass windows decorate the front entrance while a belt course and a distinct window pattern distinguish the fifth-floor penthouse apartments These elegant, yet restrained, architectural details announce the building’s respectability. Has a newer boiler. Separate electric meters so tenants pay electric. Includes an adjoining 6,000 sf lot that can be used for parking. The owner also owns the Napton Apartments at 25 E. Granite Street which is also for sale.
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