Commercial Condo Office
129 Village Drive 302 Belgrade, MT 59714
New
For Sale
$99,900
Pending
Flexible commercial condo suite with large windows and a layout suited for office, professional services, or retail showroom use.
Property Size386 SF
Days on Market5
Property Features for 129 Village Drive 302
General Information
- Standard status
- Pending
- Size
- 386 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing Agency:
Windermere Great Divide Bozeman
(406) 580-7029
Listed By:
Dina Emmert · License #RRE-BRO-LIC-45433
Source:
Clearwaterproperties
Added: Jul 19
Changed: Jul 22
Last Checked: Jul 22 at 4:02AM
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 Windermere Great Divide Bozeman
Investment Insights
Based on property information with market context.
Commercial condo unit 302 at 129 Village Drive offers a functional, flexible interior layout that can work for office, professional services, retail showroom, or other approved commercial uses. The space is designed to support a range of configurations, including private offices, open work areas, and meeting space, while large windows provide natural light throughout.
The unit is located within a well-positioned commercial development with ample nearby parking and easy access, designed to serve both clients and customers. It benefits from convenient proximity to Belgrade’s expanding residential neighborhoods and downtown business district, as well as access toward Bozeman Yellowstone International Airport and Interstate routes.
This offering provides a convenient ownership option for an operator or investor seeking a versatile commercial suite in a growing Gallatin Valley market.
The unit is located within a well-positioned commercial development with ample nearby parking and easy access, designed to serve both clients and customers. It benefits from convenient proximity to Belgrade’s expanding residential neighborhoods and downtown business district, as well as access toward Bozeman Yellowstone International Airport and Interstate routes.
This offering provides a convenient ownership option for an operator or investor seeking a versatile commercial suite in a growing Gallatin Valley market.
Key Highlights
- Commercial condo unit at 129 Village Drive, Unit 302, built in 2003
- Versatile layout suited for office, professional services, or retail showroom use (subject to approved commercial uses)
- Large windows for natural light throughout the unit
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 | $8.1k | $21.00 |
| − Vacancy | −$535 | −$1.39 |
| EGI | $7.6k | $19.61 |
| − OpEx | −$1.9k | −$4.90 |
| NOI | $5.7k | $14.71 |
386 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$81.1K
$71.0K – $94.6K
NOI $5,678 @ 7.0% cap · market cap 5.68%
Second Best
Retail
$64.6K
$56.5K – $75.4K
NOI $4,523 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$100.8K
$88.2K – $117.6K
NOI $7,055 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lisa M. Collins, ...
Counselor
Rustic Elegance Salon
Hair Salon
Montana Lash Studio
Hair Salon
Belgrade Counseling Clinic ...
Family Counselor
Virginia Watts
Counselor
FAQs
What type of property is this?
Office units - Flexible commercial condo suite with large windows and a layout suited for office, professional services, or retail showroom use.
Where is this office units located?
The property is located at 129 Village Drive 302 Belgrade, MT.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Commercial condo unit at 129 Village Drive, Unit 302, built in 2003; Versatile layout suited for office, professional services, or retail showroom use (subject to approved commercial uses); Large windows for natural light throughout the unit
