Description
The Covellite Theatre located in Historic Uptown Butte. Includes the real estate, the business & the equipment. Originally built as the First Presbyterian Church in 1896 & designed by a prominent local Architect, H.M. Patterson. The building is a brick & stone structure with phenomenal Gothic Revival architectural features. Converted into a modern Theatre but retains the buildings original & unique character. The Covellite has been greatly improved in recent years & has quickly rose to become one of Butte's premier venues for the arts. Conveniently located in the heart of Uptown's central commercial zone.The building is also located in the Urban Revitalization District, which can help secure URA grants & low interest loans; as well as within Butte's IRS designated Opportunity Zone, so if criteria are met, the buyer can potentially gain significant tax advantages. The historic status & location in these zones make the Covellite a great investment opportunity for a variety of usages.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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8,345SQFT
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$42$/SQFT
Description
The Covellite Theatre located in Historic Uptown Butte. Includes the real estate, the business & the equipment. Originally built as the First Presbyterian Church in 1896 & designed by a prominent local Architect, H.M. Patterson. The building is a brick & stone structure with phenomenal Gothic Revival architectural features. Converted into a modern Theatre but retains the buildings original & unique character. The Covellite has been greatly improved in recent years & has quickly rose to become one of Butte's premier venues for the arts. Conveniently located in the heart of Uptown's central commercial zone.The building is also located in the Urban Revitalization District, which can help secure URA grants & low interest loans; as well as within Butte's IRS designated Opportunity Zone, so if criteria are met, the buyer can potentially gain significant tax advantages. The historic status & location in these zones make the Covellite a great investment opportunity for a variety of usages.
© 2023 Montana Regional MLS. 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 not guaranteed and should be independently verified. Data last updated: 2023-02-06T19:19:47.703.
