Search
Two-Story Office Building
For Lease
$20 SF/Yr

243 Pegasus Drive, Bozeman, MT 59718

CommercialLease, Bozeman, MT

Space Size10,104 SF
Lot Size0.84 Acres
Days on Market306

Property Features for 243 Pegasus Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning description C
Subdivision Galactic Park
Directions Located just west of Bozeman in Galactic Park, 243 Pegasus Drive is easily reached via Huffine Lane at Four Corners-just minutes from Bozeman, Belgrade, and the airport.
Standard status Active
APN RGF53929
Size 10,104 SF
Lot size 0.84 Acres

Taxes and HOA fees

Tax Description GALACTIC PARK SUB, S11, T02 S, R04 E, LOT 57, ACRES 0.84, PLAT J-414 PLUS OPEN SPACE
Legal Description GALACTIC PARK SUB, S11, T02 S, R04 E, LOT 57, ACRES 0.84, PLAT J-414 PLUS OPEN SPACE

Amenities

reception area
recording studio
green room
break room
Listing Agency: Starner Commercial Real Estate
Listed By: Michael Reams · License #BRO-79158
Added: Nov 6, 2025 Changed: Aug 19 Last Checked: Sep 8 at 12:06PM
MLS# 406941

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 243 Pegasus Drive in Bozeman, this 10,104-square-foot office property occupies approximately 0.84 acres and was built in 2006. The two-story configuration includes 21 private offices, four open work areas, a conference room, break room, recording studio, green room, five restrooms, mechanical and storage rooms, and a reception area. An elevator and two stairwells connect the floors, while the layout can support single-tenant or multi-tenant occupancy.

The property is in the Galactic Park Subdivision of Four Corners, west of Bozeman, in a low-traffic setting near the Gallatin River. Nearby employers include Zoot Enterprises, Mesa Labs, and Wildfire Defense Systems. Four Corners Water & Sewer serves the building, which also has a fire suppression system. The property is described as being in good condition with no known deferred maintenance.

Key Highlights

  • 10,104 SF office building on approximately 0.84 acres
  • Built in 2006 with two stories and 21 private offices
  • Four open work areas plus conference, break, recording, and green rooms

Property Analytics

Current Use

Western CPE Training Center

Suggested Use

Top Pick Parking Lot & Garage Dental Office Pharmacy Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 59718, MT

43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value

Market

Lease Benchmarks for Bozeman, MT

$29.6 /SF/Yr
Avg Asking Price
$20–$35 /SF/Yr
Price Range
4,310 SF
Avg Space Size

This space is priced 32% below the average of $29.6 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Flexible layout includes private offices, shared work areas, conference facilities, and dedicated production rooms.
Where is this office building located?
The property is located at 243 Pegasus Drive Bozeman, MT.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 10,104 SF office building on approximately 0.84 acres; Built in 2006 with two stories and 21 private offices; Four open work areas plus conference, break, recording, and green rooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message