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Listed price in listed location currency (USD).
$10,518,000

000

MLS® 409918

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 33400 sqft
Garage No
Maintenance Fees 
Taxes $37,123
Days Active 13
Approx. Age 2007
Avg. Price Per Sqft $314
MLS® Number 409918

Property Address: 81211/ 13 Gallatin Road, Bozeman, MT, 59718

Average square foot calculated using Size range provided by listing agent.

Description

Commercial Income Property with Development Upside Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33, 400-square-foot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels—one improved and one vacant—providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman’s strongest commercial corridors. The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub-3% commercial vacancy, reinforcing the property’s strong leasing fundamentals and long-term demand. Property Overview • Address: 81211 & 81213 Gallatin Road, Bozeman, MT 59718 • Property Type: Commercial — Retail, Showroom & Warehouse • Total Building Size: 33, 400 SF (five condo units) • Land Area: 2.777 acres (two parcels) • Frontage: 337 feet on US Highway 191 South • Occupancy: 100% leased Development Upside The second parcel is entitled for an additional 11, 518-square-foot building, offering immediate development potential along highly visible US-191 frontage. The site is currently vacant and development-ready, subject to verification of current permits and entitlements. Cap Rate 7.25% Building & 11, 518 SqFt Development parcel.
MLS® Number409918
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2007
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 3, 2026List Date
$10,518,000List Price
  • Commute

Commute

Starting Address
Destination Address
81211/ 13 Gallatin Road, Bozeman, MT

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