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Multi-Use Commercial Building

46651 Gallatin Gallatin Gateway, MT 59730

46651 Gallatin, Gallatin Gateway, MT, 59730
$2,400,000
For Sale
$2,400,000

Expansive building on a 0.6-acre lot with 6,268 sq. ft. and flexible retail or office/hospitality layout.

Property Size6,268 SF
Lot Size0.60 Acres
Price / SF$382.90
Days on Market734

Property Features for 46651 Gallatin

General Information

Standard status
Active
Size
6,268 SF
Lot size
0.60 Acres
Property subtype
Commercial

Building Details

Year Built
1973
Listing agency 18 Land Company
Listed by EJ Daws
Source Outlaw
Added: Jul 19, 2024 Updated: Jul 21 at 5:00AM Checked: Jul 21 at 5:00AM

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 18 Land Company


Investment Insights

Based on property information with market context.

This multi-use commercial building offers 6,268 sq. ft. of adaptable space on a 0.6-acre lot. The property is suited for a range of commercial uses, including retail, office, or a hospitality venture, supported by its versatile layout.

Located at 46651 Gallatin in Gallatin Gateway, Montana, the building sits across from the Gallatin River and on the main road leading to Yellowstone National Park. The setting provides prominent mountain views that can enhance the overall customer and guest experience for appropriate business concepts.

Key Highlights

  • 6,268 sq. ft. commercial building on a 0.6‑acre lot
  • Year built: 1973
  • Flexible layout for retail, office, or hospitality use

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 $131.6k $21.00
− Vacancy −$8.7k −$1.39
EGI $122.9k $19.61
− OpEx −$30.7k −$4.90
NOI $92.2k $14.71
6,268 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,205 @ 7.0% cap · market cap 3.84%
Second Best
Retail
$1.05M
$918.1K – $1.22M (±1% cap)
NOI $73,448 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,569 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Geyser Whitewater Expeditions Travel Agency

Suggested Use

Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Dental Office Kitchen & Bath Showroom Home Appliance Store Pet Grooming Service Building Supply Grocery & Convenience Store Garden Center

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

FAQs

What type of property is this?
Retail space - Expansive building on a 0.6-acre lot with 6,268 sq. ft. and flexible retail or office/hospitality layout.
Where is this retail space located?
The property is located at 46651 Gallatin Gallatin Gateway, MT.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 6,268 sq. ft. commercial building on a 0.6‑acre lot; Year built: 1973; Flexible layout for retail, office, or hospitality use
Contact an agent
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