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Three-Office Unit with Storage
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For Sale
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1185 14th, Bozeman, MT 59715

Reception, a breakroom, shared restrooms, and a month-to-month occupant support the existing office layout.

Property Size1,442 SF
Price / SF$0.02
Days on Market2

Property Features for 1185 14th

General Information

Standard status Active
Size 1,442 SF
Property subtype Commercial

Additional Details

Condition Turnkey
Tenant in Place Yes
Property Use Office

Building Details

Tenancy Single
Listing Agency: Altitude Real Estate, LLC
Listed By: Tony Renslow · License #RRE-RBS-LIC-12276
Source: Clearwaterproperties
Added: Oct 30 Last Checked: Oct 30 at 2:31PM

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 Altitude Real Estate, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,442-square-foot office unit contains three private offices, a reception area, a breakroom, and access to common-area bathrooms. An additional second-floor storage area provides approximately 537 square feet of bonus space.

A tenant currently occupies the unit on a month-to-month basis.

Key Highlights

  • Three offices within a 1,442‑square‑foot unit
  • Approximately 537 square feet of additional second‑floor storage
  • Current tenant occupies the space month to month

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,213
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,260 $424.3K
Cap Rate 7%
$303,043 $303.0K
Cap Rate 9%
$235,700 $235.7K
Market Conditions
NOI Build-Up for 1,442 SF
Gross rent
$30.3K $21.00/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$28.3K $19.61/SF
− OpEx
−$7.1K −$4.90/SF
NOI
$21.2K $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%
$424,260
Cap Rate 7%
$303,043
Cap Rate 9%
$235,700

Alternative Uses

Best Use
Office B
$303.0K
$265.2K – $353.6K (±1% cap)
NOI $21,213 @ 7.0% cap · market cap 96,422.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.5K
$329.5K – $439.3K (±1% cap)
NOI $26,357 @ 7.0% cap · market cap 119,804.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,101
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Reception, a breakroom, shared restrooms, and a month-to-month occupant support the existing office layout.
Where is this office unit located?
The property is located at 1185 14th Bozeman, MT.
What are key features of this property?
This property features: Three offices within a 1,442‑square‑foot unit; Approximately 537 square feet of additional second‑floor storage; Current tenant occupies the space month to month
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Includes: Price & PSF · Cap rate · Location · Zoning

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