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210 & 214 S Black Avenue

Bozeman, MT 59715
  • $3,100,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 388936
$3,100,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Are you an investor looking for a premier multi-family portfolio in Downtown Bozeman? Are you interested in developing two of the last conjoined, undeveloped B-3 (highest zoning designation) parcels in the city limits just blocks from Main Street? If the answer to any of those two questions is 'yes', then look no further than 210 & 214 S Black Avenue. These two four-plexes, adjacent to the Residential and Commercial 'Black & Olive' building offer short and long term income potential as well as a significant re-development opportunity. Sitting on 13,000sf+ of Central Business District Zoning (B-3), there is opportunity for countless ground-up projects here, from boutique hotel to large-scale high-end luxury development. Just a two minute walk from historic Main Street on Bozeman's Southside, the Black Avenue portfolio represents an opportunity for the savvy investor that doesn't come around that often -- if ever. Both properties have recently been updated and most units are offered fully furnished with high-end finishes and currently function as turn-key rentals. The B-3 zoning designation allows for residential and commercial development and the highest density development opportunities -- and it's extremely rare to find two properties of this income-generating and long-term investment magnitude side-by-side.

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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: 2024-04-18T20:23:48.823.
www.gallatinrealtygroup.com/homes/146502607
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210 & 214 S Black Avenue Bozeman, MT 59715

  • Price: $3,100,000
  • Status: Active
  • On Site: 103 Days
  • MLS #: 388936
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1925
Built
Neighborhood:
Black Addition
County:
Gallatin
Area:
1Sm - Boz Main To Kagy
Property Description
Are you an investor looking for a premier multi-family portfolio in Downtown Bozeman? Are you interested in developing two of the last conjoined, undeveloped B-3 (highest zoning designation) parcels in the city limits just blocks from Main Street? If the answer to any of those two questions is 'yes', then look no further than 210 & 214 S Black Avenue. These two four-plexes, adjacent to the Residential and Commercial 'Black & Olive' building offer short and long term income potential as well as a significant re-development opportunity. Sitting on 13,000sf+ of Central Business District Zoning (B-3), there is opportunity for countless ground-up projects here, from boutique hotel to large-scale high-end luxury development. Just a two minute walk from historic Main Street on Bozeman's Southside, the Black Avenue portfolio represents an opportunity for the savvy investor that doesn't come around that often -- if ever. Both properties have recently been updated and most units are offered fully furnished with high-end finishes and currently function as turn-key rentals. The B-3 zoning designation allows for residential and commercial development and the highest density development opportunities -- and it's extremely rare to find two properties of this income-generating and long-term investment magnitude side-by-side.
Exterior Features

Construction Materials Hardboard Fencing Partial Garage YN Yes Levels Other Parking Features Common Garage Patio And Porch Features Covered Porch Road Frontage Type Roof Asphalt Waterfront Features None Waterfront YN No

Interior Features

Above Grade Finished Area 0 Cooling Variesby Unit Flooring Hardwood Partially Carpeted Heating Baseboard Forced Air Heating YN Yes

Property Features

Listing Terms Cash Item3rd Party Financing Possession Delivery Of Deed Property Sub Type Additional Multi Family Property Subtype Multi Family Road Surface Type Paved Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 10044 Tax Year 2023 Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available Water Source Public Zoning Description B3 - Central Business

Listing courtesy of Jeremy Seglem of The Agency Bozeman: (406) 551-2345. © 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: 2024-04-18T20:23:48.823.
 
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Gallatin Realty Group
PO Box 3105
Bozeman MT, 59772