Commercial Condo Office/Showroom
129 Village Drive Unit 302 Belgrade, MT 59714
For Sale
$99,900
Commercial condo unit with large windows and a flexible interior layout for office or showroom use.
Property Size386 SF
Price / SF$258.81
Days on Market71
Property Features for 129 Village Drive Unit 302
General Information
- Standard status
- Active
- Size
- 386 SF
Building Details
- Year Built
- 2003
Listing Agency:
Windermere Great Divide-Bozeman
(406) 580-7029
Listed By:
Dina Emmert · License #RRE-BRO-LIC-45433
Source:
Purewestrealestate
Added: May 14
Changed: Jul 22
Last Checked: Jul 23 at 2:37AM
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.
This commercial condo (Unit 302) at 129 Village Drive offers a flexible interior layout designed to support a range of commercial needs, including office, professional services, retail showroom, or other approved commercial uses. The space includes large windows for natural light and an efficient floor plan that can be arranged for private offices, open work areas, meeting space, or customized operations.
The unit is located within a commercial development described as providing convenient, easy access and ample nearby parking. The property is positioned near Belgrade’s expanding residential neighborhoods, the downtown business district, and in proximity to Bozeman Yellowstone International Airport and Interstate access.
The offering is an ownership opportunity for a tenant seeking their own space or an investor looking to add a commercial condo to a portfolio.
The unit is located within a commercial development described as providing convenient, easy access and ample nearby parking. The property is positioned near Belgrade’s expanding residential neighborhoods, the downtown business district, and in proximity to Bozeman Yellowstone International Airport and Interstate access.
The offering is an ownership opportunity for a tenant seeking their own space or an investor looking to add a commercial condo to a portfolio.
Key Highlights
- Commercial condo unit built in 2003 at 129 Village Drive, Unit 302
- Flexible interior layout suitable for office, professional services, retail showroom, or other 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 - Commercial condo unit with large windows and a flexible interior layout for office or showroom use.
Where is this office units located?
The property is located at 129 Village Drive Unit 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 built in 2003 at 129 Village Drive, Unit 302; Flexible interior layout suitable for office, professional services, retail showroom, or other approved commercial uses; Large windows for natural light throughout the unit
