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Two-Tenant NNN Commercial Property
For Sale
$2,299,000

101 N Rouse Ave, Bozeman, MT 59715

Two separately metered spaces are leased under triple-net terms, with the tenants responsible for taxes, utilities, and common-area expenses.

Property Size3,700 SF
Price / SF$621.35
Days on Market11

Property Features for 101 N Rouse Ave

General Information

Standard status Active
Size 3,700 SF

Additional Details

Gross Income $91,000
Utilities to Site Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $21,647

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Realty One Group Peak
Listed By: Mikey Duquette · License #BRO-119455
Source: Exprealty
Added: Oct 5 Changed: Oct 14 Last Checked: Oct 15 at 5:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Peak

Investment Insights

Based on property information with market context.

This historic Bozeman property contains two separately metered, leased spaces: a restaurant and bar, plus an office/retail suite. A major renovation replaced the interior structure, foundation, concrete floor, walls, electrical, plumbing, HVAC, fire suppression, roof, windows, and doors while retaining the exterior brick and some ceiling timbers. The work received a Bozeman Beautification Award in 2016. The bar lease was renewed for five years and includes two consecutive options. The office/retail lease has a two-year term and an optional additional two years. Both leases are structured as triple net, with tenants paying taxes, common-area expenses, utilities, and garbage. The sale does not include either operating business.

Key Highlights

  • Two separately metered leased spaces: restaurant/bar and office/retail
  • Both leases are triple net, with tenants covering taxes, common‑area expenses, utilities, and garbage
  • Bar lease renewed for 5 years, with two consecutive options

Property Analytics

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Current Use

Bozeman Taproom & Spirits Restaurant

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Locksmith Home Appliance 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

Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,088
Businesses Nearby
77k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Hotels & Casinos 23% Dining 13% Apparel 8%
Conoco Shops & Services
14,045 visits/mo 0.4 miles
Kimpton Armory Hotel Bozeman Hotels & Casinos
12,269 visits/mo 0.3 miles
Town Pump Shops & Services
9,655 visits/mo 0.4 miles
MacKenzie River Pizza Co. Dining
8,194 visits/mo 0.2 miles
Fjallraven Apparel
6,477 visits/mo 0.2 miles

Demographics for 59715, MT

37,286
Population
17,116
Households
2.2
Avg Household Size
30
Median Age
68%
College-Educated
98%
High-School Grad
294.9 sq mi
ZIP Area
126
Density / Sq Mi
$85,000
Median Household Income
$31,646
Median Earnings
$1,376
Median Rent
$755,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Two separately metered spaces are leased under triple-net terms, with the tenants responsible for taxes, utilities, and common-area expenses.
Where is this nnn property located?
The property is located at 101 N Rouse Ave Bozeman, MT.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: Two separately metered leased spaces: restaurant/bar and office/retail; Both leases are triple net, with tenants covering taxes, common‑area expenses, utilities, and garbage; Bar lease renewed for 5 years, with two consecutive options
More about this property
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