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129 W Main Street

Bozeman, MT 59715
  • $6,250,000
  • STATUS: Active
  • ON SITE: 210 Days
  • MLS #: 384704
$6,250,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Description

Legacy property in the heart of downtown Bozeman boasting prime store front on the sunny side of Main Street. The building underwent a massive renovation in 2007 including rehabilitation of the exquisite exterior, updated electrical, plumbing, HVAC, addition of elevator shaft, and structural fortification for the future expansion of the second level and the addition of a third story. Currently building consists of: BASEMENT: includes two spaces built out for short term rentals; MAIN LEVEL: consists of expansive retail space and a third short term rental; 2ND LEVEL: houses a fourth short term rental and two spaces currently rented as office, but with the potential to be converted to short term rentals. With all long-term leases expiring summer of 2023 this investment opportunity has unlimited options for the buyer to occupy, change the use of any of the spaces, or lease the spaces at current market rents (agent has interested tenants). Owner believes the property has 36 allocated parking spaces (buyer to verify). This building presents a turn-key investment opportunity with the intrinsic value of potential additional space. Imagine the possibility of creating your own downtown penthouse apartment on Main Street with unobstructed north facing views of the Bridger Mountain Range. This property allows the new owner the opportunity to own one of the oldest buildings in the downtown area which is truly part of the fabric of Bozeman.

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© 2024 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 Gallatin Realty Group. Data last updated: 2024-02-28T23:51:59.807.
www.gallatinrealtygroup.com/homes/142061516
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129 W Main Street Bozeman, MT 59715

  • Price: $6,250,000
  • Status: Active
  • On Site: 210 Days
  • MLS #: 384704
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1910
Built
Neighborhood:
Tracys Additions
County:
Gallatin
Area:
1Sm - Boz Main To Kagy
Property Description
Legacy property in the heart of downtown Bozeman boasting prime store front on the sunny side of Main Street. The building underwent a massive renovation in 2007 including rehabilitation of the exquisite exterior, updated electrical, plumbing, HVAC, addition of elevator shaft, and structural fortification for the future expansion of the second level and the addition of a third story. Currently building consists of: BASEMENT: includes two spaces built out for short term rentals; MAIN LEVEL: consists of expansive retail space and a third short term rental; 2ND LEVEL: houses a fourth short term rental and two spaces currently rented as office, but with the potential to be converted to short term rentals. With all long-term leases expiring summer of 2023 this investment opportunity has unlimited options for the buyer to occupy, change the use of any of the spaces, or lease the spaces at current market rents (agent has interested tenants). Owner believes the property has 36 allocated parking spaces (buyer to verify). This building presents a turn-key investment opportunity with the intrinsic value of potential additional space. Imagine the possibility of creating your own downtown penthouse apartment on Main Street with unobstructed north facing views of the Bridger Mountain Range. This property allows the new owner the opportunity to own one of the oldest buildings in the downtown area which is truly part of the fabric of Bozeman.
Exterior Features

Architectural Style Traditional Levels Two Parking Features On Street Road Frontage Type Waterfront Features None Waterfront YN No

Interior Features

Above Grade Finished Area 0 Cooling Central Air Cooling YN Yes Flooring Hardwood Partially Carpeted Heating Baseboard Forced Air Heating YN Yes Laundry Features Common Area None

Property Features

Association Fee Frequency Quarterly Association YN Yes Exclusions some artwork in the lower level north STR Gross Income 360000 Listing Terms Cash Item3rd Party Financing Ownership Full Possession Delivery Of Deed Property Subtype Multi Family Road Surface Type Paved Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 25657.89 Tenant Pays Other Utilities Natural Gas Available Phone Available Sewer Available Water Available Water Source Public Zoning Description B3 - Central Business

Listing courtesy of Sunny Odegard of Starner Commercial Real Estate: (406) 586-0302. © 2024 Big Sky Country MLS. All rights reserved.


© 2024 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 Gallatin Realty Group. Data last updated: 2024-02-28T23:51:59.807.
 
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Gallatin Realty Group
PO Box 3105
Bozeman MT, 59772