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    351 Evergreen Dr Bozeman, MT 59715

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    For Sale
    $2,150,000

    Standalone office building with income potential near Downtown Bozeman.

    Property size:
    7,805 SF
    Lot size:
    0.82 Acres

    Property Features for 351 Evergreen Dr

    General Information

    Size
    7,805 SF
    Lot size
    0.82 Acres

    Building Details

    Year built
    2017

    Source: Sterling CRE Advisors Agent Ryan Springer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Evergreen Drive Standalone Office Building

    The property at 351 Evergreen Drive is a standalone office building divided into two units, totaling approximately 7,805 square feet. Suite A, which is currently vacant, comprises approximately 4,045 square feet and includes multiple offices, a conference room, restrooms, and break areas. Suite B, consisting of approximately 3,760 square feet, features lab space, offices, restrooms, and a break room. Suite B is currently leased through October 2027 at $20 per square foot NNN, generating a net operating income of $75,192 annually. This property is situated on a lot of approximately 10,818 square feet and includes 24 parking stalls. The location offers convenient access from primary North/South arteries, the interstate, and Downtown Bozeman. This property presents an opportunity for an owner-user seeking additional income with the potential for expansion upon lease expiration.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warriors & Quiet Waters ... Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bozeman
    County
    Gallatin
    State
    Montana
    Longitude
    -111.0417645
    Latitude
    45.6968591

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    FAQs

    What type of property is this?
    Office building - Standalone office building with income potential near Downtown Bozeman.
    Where is this office building located?
    The property is located at 351 Evergreen Dr Bozeman, MT.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: - Income-producing property with existing tenant in Suite B generating $75,192 NOI annually through October 2027.; - **Vacant Suite A (\u00b14,045 SF) offers immediate occupancy** for owner-user or tenant.; - Potential for future expansion into Suite B (\u00b13,760 SF) upon lease expiration.
    (406) 579-5586
    Request Owner's contact information
    351 Evergreen Dr Bozeman, MT 59715
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    Bozeman, MT 59715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    351 Evergreen Dr Bozeman, MT 59715
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