Office Building with Paved
125 W Mendenhall Street Bozeman, MT 59715
New
125 W Mendenhall Street, Bozeman, MT, 59715
$3,800,000
For Sale
$3,800,000
For sale office building with a paved parking lot and multiple private offices plus reception and a conference room.
Property Size14,000 SF
Price / SF$271.43
Days on Market5
Property Features for 125 W Mendenhall Street
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agency
PureWest Real Estate - Missoula
(406) 207-8200
Listed by
Devin Khoury · License #RRE-BRO-LIC-14766
Source
Clearwaterproperties
Added: Jul 17 Updated: Jul 20 at 11:59PM Checked: Jul 21 at 4:29AM
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 PureWest Real Estate - Missoula
Investment Insights
Based on property information with market context.
This for-sale commercial office building offers approximately 14,000 square feet of flexible interior space. The current configuration includes multiple private offices, a reception area, and a conference room, providing a functional layout for professional and service-oriented uses.
Located at 125 W Mendenhall Street in downtown Bozeman, the property is about one block off Main Street. The site includes a paved parking lot, adding practical convenience for occupants and visitors in the downtown core.
Located at 125 W Mendenhall Street in downtown Bozeman, the property is about one block off Main Street. The site includes a paved parking lot, adding practical convenience for occupants and visitors in the downtown core.
Key Highlights
- 14,000 SF commercial building built in 1985 in downtown Bozeman, one block off Main Street
- Paved parking lot included in the downtown core
- Interior includes multiple private offices plus a reception area
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $294.0k | $21.00 |
| − Vacancy | −$19.4k | −$1.39 |
| EGI | $274.6k | $19.61 |
| − OpEx | −$68.6k | −$4.90 |
| NOI | $205.9k | $14.71 |
14,000 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.94M
$2.57M – $3.43M
NOI $205,947 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.66M
$3.20M – $4.26M
NOI $255,898 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Instant Tax Solutions
Law Firm
Townsquare Media Bozeman
Marketing & Advertising
My 103.5
Marketing & Advertising
KPRK 1340AM
Advertising Agency
96.7 KISS FM
Advertising Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For sale office building with a paved parking lot and multiple private offices plus reception and a conference room.
Where is this office building located?
The property is located at 125 W Mendenhall Street Bozeman, MT.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 14,000 SF commercial building built in 1985 in downtown Bozeman, one block off Main Street; Paved parking lot included in the downtown core; Interior includes multiple private offices plus a reception area
