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2740 Elm St 2,717 SF 100% Leased Retail Building Butte, MT 59701 $710,000 ($261.32/SF) 11.97% Cap Rate
Investment Highlights
- Established Clientele
- Perfect for hosting events and volleyball tournaments
- Long time established buisness
Executive Summary
Rare business opportunity! One of Butte’s most popular establishments, this long standing bar has been proudly serving the community since the 1940s. From its early days welcoming Butte miners after long shifts to becoming a go-to gathering place for friends and families, Jim’s Bar is filled with generations of memories, celebrations, parties, volleyball tournaments, summer events, and countless good times. Known for its inviting, laid-back atmosphere, this is the kind of place where everyone feels like a regular. The legacy built here is something truly special, and now it’s ready for its next chapter. This turnkey opportunity allows you to step right in and continue operations while still offering plenty of room to grow and make it your own. The sale includes the real estate, an all-beverage liquor and gaming license, darts, ATM, and all bar equipment and supplies, everything you need to hit the ground running. Whether you’re looking to carry on a beloved local tradition or bring a fresh vision to a well-established business, this is your chance to own a true piece of Butte’s history. Seller is related to the listing agent.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,717 SF
Building Class
C
Year Built
1920
Price
$710,000
Price Per SF
$261.32
Cap Rate
11.97%
NOI
$85,015
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Lot Size
0.43 AC
Zoning
R1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 29
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2740 Elm St
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