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Two-Level Office Suite
For Lease
$20 SF/Yr

243 Pegasus Drive, Bozeman, MT 59718

CommercialLease, Bozeman, MT

Space SizeContact for details
Property 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 5,052 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

private offices
large open work areas
break room
recording studio
multiple restrooms
dedicated mechanical and storage rooms
welcoming reception area
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 11:06AM
MLS# 406937

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.

The available office suite contains approximately 5,052 square feet within a 10,104-square-foot, two-story building completed in 2006. Its layout combines private offices with substantial open work areas, a conference room, break room, recording studio, multiple restrooms, storage, and dedicated mechanical rooms. A reception area serves the entrance, while an elevator and two stairwells connect the main and second levels. Unit 1 occupies the main level, and Unit 2 is on the second level.

Located at 243 Pegasus Drive in Bozeman’s Galactic Park Subdivision in Four Corners, the property sits on approximately 0.84 acres near the Gallatin River. Zoot Enterprises, Mesa Labs, and Wildfire Defense Systems are identified nearby. Four Corners Water & Sewer serves the property, which also has fire suppression equipment. The configuration supports single-tenant or multi-tenant occupancy and is positioned for professional, creative, or medical use.

Key Highlights

  • Approximately 5,052 SF office suite within a 10,104 SF two‑story building
  • Two available units: Unit 1 on the main level and Unit 2 on the second level
  • Built in 2006 on approximately 0.84 acres

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

$31.06 /SF/Yr
Avg Asking Price
$12–$77.65 /SF/Yr
Price Range
2,508 SF
Avg Space Size

This space is priced 36% below the average of $31.06 /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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible professional workspace includes private rooms, open areas, a conference room, and a recording studio.
Where is this office units 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: Approximately 5,052 SF office suite within a 10,104 SF two‑story building; Two available units: Unit 1 on the main level and Unit 2 on the second level; Built in 2006 on approximately 0.84 acres
More about this property
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