Property profile

505 Main St Belgrade, MT 59714

OFF-MARKET
Retail space
Property ID
US52-0153189
1,536 SF 1.23 ac lot Built 1998
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 505 E Main Street Unit B in Belgrade, Montana, presents a unique investment opportunity. Situated on a sizable 1.23-acre lot in the heart of downtown Belgrade, this property offers over 1,536 square feet of versatile space, perfectly suited for a variety of commercial uses. The existing building features a welcoming entry office, providing a professional first impression for clients and customers. Multiple storage rooms offer ample space for inventory, equipment, or archives, catering to diverse business needs. Two conveniently located bathrooms enhance the functionality and comfort of the space. A notable feature is the inclusion of a one-car detail center, adding a specialized element to the property's potential uses. The property's prime location offers unparalleled convenience and visibility, being just a short walk from the vibrant downtown area and minutes away from the Bozeman Yellowstone International Airport, ensuring easy access for both local clientele and those traveling from further afield. This strategic location provides exceptional exposure and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The expansive 1.23-acre lot presents significant potential for future development or business expansion, allowing for growth and adaptation to evolving business needs. With its blend of existing infrastructure and substantial land, this property offers unmatched value and potential in a thriving Montana community. The asking price is $1,590,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Construction WOOD
Total area 1,536 SF
Lot 1.23 ac (53,492 SF)
APN 06-0903-12-1-01-08-0000
UPID US52-0153189

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

505 Main St Belgrade, MT 59714-3843
Belgrade metro Census 105 BOZEMAN, MT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2021
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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