Live-Work Flex
For Sale
$859,555
2605 Fremont Street, Bozeman, MT 59718
Bozeman, MT
Property Size2,671 SF
Price / SF$321.81
Days on Market28
Property Features for 2605 Fremont Street
General Information
Property type
Commercial Sale
Property subtype
Condominium
Bedrooms
2
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2
Subdivision
Fremont Square Condos
Standard status
Active
Size
2,671 SF
Building Details
Year built
2026
Listing Agency:
Engel & Volkers Bozeman · Engel & Völkers
(406) 404-1960
Listed By:
Kari Francisco · License #RRE-RBS-LIC-99175
(406) 595-3885
Added: Sep 8
Last Checked: Oct 5 at 1:06PM
MLS# 408142
Copyright © 2026 Engel & Völkers. 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.
Built in 2026, this approximately 2,671-square-foot live-work property combines a commercial ground floor with adaptable space above. The lower level contains about 1,286 SF, 15-foot ceilings, a 12' x 14' overhead door with pull-through access, and an ADA-compliant bathroom. Upstairs, approximately 1,385 SF includes two bedrooms and an open flex room that may serve as office or living space, along with a 230-square-foot south-facing deck.
The property is located on Jackrabbit Lane near the Jackrabbit Crossing development, with access to I-90 and the communities of Bozeman, Belgrade, and Big Sky. Its configuration supports trades, small businesses, hobby use, owner-operated businesses, and light industrial activities as described for the property.
The property is located on Jackrabbit Lane near the Jackrabbit Crossing development, with access to I-90 and the communities of Bozeman, Belgrade, and Big Sky. Its configuration supports trades, small businesses, hobby use, owner-operated businesses, and light industrial activities as described for the property.
Key Highlights
- Approximately 2,671 square feet across two levels
- 1,286+/- SF commercial main level with 15‑foot ceilings
- 12' x 14' overhead door with pull‑through garage access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,292
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,840
$785.8K
Cap Rate 7%
$561,314
$561.3K
Cap Rate 9%
$436,578
$436.6K
Market Conditions
NOI Build-Up for 2,671 SF
Gross rent
$56.1K $21.00/SF
− Vacancy
−$3.7K −$1.39/SF
EGI
$52.4K $19.61/SF
− OpEx
−$13.1K −$4.90/SF
NOI
$39.3K $14.71/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,840
Cap Rate 7%
$561,314
Cap Rate 9%
$436,578
Alternative Uses
Best Use
Office B
$561.3K
$491.2K – $654.9K
NOI $39,292 @ 7.0% cap · market cap 4.57%
Second Best
Mixed Use
$524.9K
$459.3K – $612.3K
NOI $36,740 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$697.5K
$610.3K – $813.7K
NOI $48,822 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Two-level layout pairs a commercial workspace with adaptable upper-floor rooms and a private deck.
Where is this live-work space located?
The property is located at 2605 Fremont Street Bozeman, MT.
What is the asking price?
The asking price for this property is $859,555.
What are key features of this property?
This property features: Approximately 2,671 square feet across two levels; 1,286+/- SF commercial main level with 15‑foot ceilings; 12' x 14' overhead door with pull‑through garage access
