Commercial Condo Upper-Level
129 Village Drive 303 Belgrade, MT 59714
129 Village Drive 303, Belgrade, MT, 59714
$249,900
For Sale
$249,900
Upper-level commercial condo with a flexible interior layout and large windows, suited for office, professional services, or showroom use.
Property Size1,587 SF
Price / SF$157.47
Days on Market79
Property Features for 129 Village Drive 303
General Information
- Standard status
- Active
- Size
- 1,587 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing agency
Keller Williams Montana Realty
(406) 589-6247
Listed by
EJ Daws
(406) 589-6247
Source
Outlaw
Added: May 4 Updated: Jul 21 at 7:21AM Checked: Jul 21 at 7:21AM
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 Keller Williams Montana Realty
Investment Insights
Based on property information with market context.
This upper-level commercial condo offers a functional, flexible layout that can support a range of commercial uses. The space is designed to work for private offices, collaborative areas, client meeting rooms, and creative workspace needs, with large windows providing natural light throughout.
Located on Village Drive in the established Belgrade commercial corridor, the suite benefits from convenient access and ample nearby parking. It is positioned for easy roadway connectivity, with proximity to Belgrade’s expanding residential neighborhoods and downtown business district, and access to Bozeman Yellowstone International Airport and Interstate travel.
Unit 303 is a versatile option for an owner-user or investor seeking a bright, adaptable commercial space within the Gallatin Valley growth market.
Located on Village Drive in the established Belgrade commercial corridor, the suite benefits from convenient access and ample nearby parking. It is positioned for easy roadway connectivity, with proximity to Belgrade’s expanding residential neighborhoods and downtown business district, and access to Bozeman Yellowstone International Airport and Interstate travel.
Unit 303 is a versatile option for an owner-user or investor seeking a bright, adaptable commercial space within the Gallatin Valley growth market.
Key Highlights
- Commercial condo unit built in 2003 in the Belgrade Village Drive corridor
- Upper‑level Unit 303 with a flexible interior layout for office, professional services, retail showroom, studio, or other approved commercial use
- Large windows throughout for natural light
Local Financial Insights For Retail
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 | $28.6k | $18.00 |
| − Vacancy | −$2.0k | −$1.26 |
| EGI | $26.6k | $16.74 |
| − OpEx | −$8.0k | −$5.02 |
| NOI | $18.6k | $11.72 |
1,587 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$333.5K
$291.8K – $389.1K
NOI $23,346 @ 7.0% cap · market cap 9.34%
Second Best
Retail
$265.7K
$232.5K – $309.9K
NOI $18,596 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$414.4K
$362.6K – $483.5K
NOI $29,008 @ 7.0% cap · market cap 11.61%
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
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FAQs
What type of property is this?
Office units - Upper-level commercial condo with a flexible interior layout and large windows, suited for office, professional services, or showroom use.
Where is this office units located?
The property is located at 129 Village Drive 303 Belgrade, MT.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Commercial condo unit built in 2003 in the Belgrade Village Drive corridor; Upper‑level Unit 303 with a flexible interior layout for office, professional services, retail showroom, studio, or other approved commercial use; Large windows throughout for natural light
