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

101 N Rouse Avenue, Bozeman, MT 59715

CommercialSale, Bozeman, MT

Property Size3,700 SF
Lot Size0.08 Acres
Price / SF$621.35
Days on Market2

Property Features for 101 N Rouse Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Downtown Bozeman
Zoning description B3
Parking features On Street
Subdivision Bozeman Original Plat
Directions N. on Rouse, Building at Corner of Rouse and Mendenhall
Standard status Active
APN RGH5035
Size 3,700 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BOZEMAN ORIGINAL PLAT, S07, T02 S, R06 E, BLOCK I, S 50' LOTS 17-19 LESS HWRW
Tax Annual Amount 21647
Legal Description BOZEMAN ORIGINAL PLAT, S07, T02 S, R06 E, BLOCK I, S 50' LOTS 17-19 LESS HWRW

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1905
Listing Agency: Realty One Group Peak
Listed By: Mikey Duquette · License #BRO-119455
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 12:06PM
MLS# 415336

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.

This two-tenant commercial property contains a bar and restaurant space alongside a separate office and retail suite. The main-floor restaurant area measures approximately 2,700 square feet, with a 950-square-foot rooftop deck and patio. A 300-square-foot basement provides food storage, utility, and dishwashing areas. The neighboring office and retail space is approximately 1,100 square feet, arranged with an open area, three offices, a kitchen, and a bathroom. Both spaces have separate meters. The businesses are not part of the sale.

A substantial renovation replaced the building’s internal steel structure, foundation, concrete floor, walls, electrical and plumbing systems, HVAC, fire suppression system, rooftop, windows, and doors. Restored exterior brick and some interior ceiling timbers remain. The building dates to 1905 and has public water and sewer, forced-air natural gas heat, and central air conditioning.

The bar lease has a 5-year renewal and two consecutive options; the office and retail lease has a 2-year term with an optional 2-year extension. Both leases are triple net. The property is zoned Downtown Bozeman and has on-street parking.

Key Highlights

  • Two separately metered tenant spaces; both leases are triple net, and the operating businesses are excluded from the sale
  • Bar lease renewed for 5 years, with two consecutive options
  • Office and retail lease runs 2 years with an optional 2‑year extension

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

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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Two separately metered spaces are occupied under triple-net leases, with the businesses excluded from the sale.
Where is this nnn property located?
The property is located at 101 N Rouse Avenue 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 tenant spaces; both leases are triple net, and the operating businesses are excluded from the sale; Bar lease renewed for 5 years, with two consecutive options; Office and retail lease runs 2 years with an optional 2‑year extension
More about this property
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