REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 950,000
Est. payment | /mo
4,875 SqFt
$ 950,000
Est. payment | /mo
4,875 SqFt
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 4,875 sqft
Price per Sqft $194
Subdivision Northern Pacific Addition
MLS Listing ID 400128
Year Built 1895
Annual Tax Amount $6,046
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Building
Property Description
Rare opportunity to acquire a historic 4,875 SF warehouse on approximately 11,500 SF of land in Bozeman's rapidly evolving northeast corridor. The property combines an existing income-producing building with significant land value, NEHMU zoning, and substantial future redevelopment potential.
The warehouse is currently leased month-to-month at $1,500/month, providing interim income while a buyer evaluates future plans. NEHMU (Northeast Historic Mixed-Use) zoning allows for a broad range of potential uses, including residential, commercial, retail, office, restaurant and adaptive reuse, along with the potential for additional ADUs under current regulations.
Preliminary architectural concept drawings are available illustrating one potential redevelopment scenario for the property. The concepts are for marketing purposes only, have not been entitled, and are not intended to represent approved development plans. Buyer to independently verify zoning, permitted uses, development standards and feasibility.
The property is located just one block from Wild Crumb Bakery, Treeline Coffee and Fink's Deli and is surrounded by continued investment and redevelopment throughout Northeast Bozeman, including the Bronkens/Cloverleaf project, Wallace Works, North Ida/East Cottonwood redevelopment and Block 104. The City's Transportation Plan also envisions reconnecting and upgrading the East Cottonwood extension toward Front Street, including roadway and walking/biking improvements.
The area may also benefit from future Opportunity Zone designation, which could provide additional long-term investment and redevelopment upside, subject to applicable governmental action and eligibility requirements.
The adjacent 704 Front Street property is also available, offering the potential to combine the two parcels into an approximately 18,600 SF development site with existing residential income and additional redevelopment flexibility. See MLS #399646 for the combined offering.
The warehouse is currently leased month-to-month at $1,500/month, providing interim income while a buyer evaluates future plans. NEHMU (Northeast Historic Mixed-Use) zoning allows for a broad range of potential uses, including residential, commercial, retail, office, restaurant and adaptive reuse, along with the potential for additional ADUs under current regulations.
Preliminary architectural concept drawings are available illustrating one potential redevelopment scenario for the property. The concepts are for marketing purposes only, have not been entitled, and are not intended to represent approved development plans. Buyer to independently verify zoning, permitted uses, development standards and feasibility.
The property is located just one block from Wild Crumb Bakery, Treeline Coffee and Fink's Deli and is surrounded by continued investment and redevelopment throughout Northeast Bozeman, including the Bronkens/Cloverleaf project, Wallace Works, North Ida/East Cottonwood redevelopment and Block 104. The City's Transportation Plan also envisions reconnecting and upgrading the East Cottonwood extension toward Front Street, including roadway and walking/biking improvements.
The area may also benefit from future Opportunity Zone designation, which could provide additional long-term investment and redevelopment upside, subject to applicable governmental action and eligibility requirements.
The adjacent 704 Front Street property is also available, offering the potential to combine the two parcels into an approximately 18,600 SF development site with existing residential income and additional redevelopment flexibility. See MLS #399646 for the combined offering.
Location
State MT
County Gallatin
Area Bozeman City Limits
Zoning NEHMU
Direction East Cottonwood Street intersects with Plum Avenue
Interior
Fireplace No
Others
Tax ID RGH3151
Ownership Full
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Special Listing Condition None
Listed by Starner Commercial Real Estate
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "