Butte, Montana: A Premier Destination for Commercial Real Estate

Introduction

Butte, Montana, offers a unique landscape for commercial real estate (CRE), blending a rich history with a growing economic framework. As a mid-sized city with a population of approximately 34,000, Butte is strategically positioned to support diverse industries such as mining, technology, and tourism. The city's unique positioning as a historic mining hub and its commitment to economic revitalization make it an attractive destination for commercial real estate investments.

Economic and Industry Overview

Butte's economy is historically rooted in mining, and it continues to be a significant industry alongside burgeoning sectors like technology and healthcare. The city is part of the Butte-Anaconda Economic Development District, which works to drive demand for various commercial property types including office, industrial, and retail spaces. Butte's economic development initiatives focus on attracting tech companies and promoting local businesses, providing a robust foundation for CRE growth.

Strategic Location and Transportation Infrastructure

Butte is strategically located at the intersection of major highways I-90 and I-15, offering excellent connectivity for logistics and distribution. The city is serviced by the Bert Mooney Airport, which provides regional flights and cargo services. Butte's transportation infrastructure supports its role as a distribution hub, providing access to a skilled labor pool and proximity to larger markets. For more details, you can visit the Montana Department of Transportation and the Bert Mooney Airport Commission.

Commercial Real Estate Inventory & Zoning

The CRE landscape in Butte is diverse, with prominent submarkets including the Central Business District (CBD), industrial corridors, and emerging innovation districts. Key asset classes include industrial, retail, office, and medical spaces. The city provides incentives for developers through zoning changes and overlays. For zoning maps and parcel viewers, check out Butte-Silver Bow’s Planning Department.

Major Employers and Institutions

Butte hosts major employers that significantly impact CRE demand, including Montana Resources, NorthWestern Energy, and the Montana Tech University. These institutions contribute to the city's economic vitality and drive demand for commercial spaces. More information can be found at the Butte Local Development Corporation.

Notable Commercial Developments & Projects

Recent projects in Butte include mixed-use developments and innovation parks, such as the Butte Innovation Campus, aimed at fostering tech and research companies. The city's participation in Opportunity Zones offers tax incentives for investors, further boosting CRE prospects. For planning resources, visit the Butte-Silver Bow Planning Department.

Building Permits, Planning, and Development Tools

For developers, Butte offers comprehensive resources including a building and safety department, permitting portals, and a GIS parcel map viewer. The Butte-Silver Bow Planning Commission provides additional development codes and guidelines online.

Market Data & Economic Reports

Access to public data sets is crucial for CRE professionals. Butte's economic impact reports and data from census.gov provide valuable insights. Brevitas utilizes AI-powered aggregation from public data and internal insights, helping users explore Brevitas-powered dashboards for comprehensive market analysis.

Why Use Brevitas for Butte, Montana CRE?

Brevitas offers a cutting-edge platform for CRE discovery in Butte, Montana. With AI-driven insights, real-time market alerts, and smart property pages, Brevitas empowers investors and brokers with tools such as:

• Auto-generated listing pages
• Email and landing page tools
• Integration with brokers and developers
• Exclusive listings and premium exposure

Brevitas stands as the premier marketplace for Butte's commercial real estate, combining technology and expertise to optimize your CRE strategies. Explore more at Brevitas.