Mixed-Use Property with
For Sale
$320,000
Pending
13 Central, Bozeman, MT 59718
Mixed-use zoning and an existing home support flexible residential or business planning.
Property Size672 SF
Lot Size0.22 Acres
Days on Market84
Property Features for 13 Central
General Information
Standard status
Pending
Size
672 SF
Total Parking Spaces
2
Lot size
0.22 Acres
Property subtype
Commercial
Zoning
MU
Property Condition
Severity
Repairs Needed
Evidence
needs significant updating
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Land Use
mixed-use, residential, commercial, live/work, redevelopment
Taxes and HOA fees
Annual Taxes
$1,124
Amenities
attached 2-car garage
attached shop
fully fenced back yard
newer metal roof
newer septic tank
own well
Building Details
Building Size
672 SF
Year Built
1962
Listing Agency:
Swan Land Company
(406) 995-2404
Listed By:
Ethan Stokes
(406) 579-1989
Source:
Outlaw
Added: Jul 24
Changed: Oct 6
Last Checked: Oct 14 at 9:23PM
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 Swan Land Company
Investment Insights
Based on property information with market context.
This mixed-use property occupies approximately 0.22 acres and includes a 672 SF home with one bedroom, a walk-through closet, one full bathroom, and an open living and kitchen area. The residence has been used as a rental and requires significant updating, including replacement appliances. An attached 2-car garage and attached shop add storage and workspace. Recent property improvements include a newer metal roof and newer septic tank, while the backyard is fully fenced. The site has its own well and septic drainfield.
Located one block from Highway 191 in the Four Corners area, the property offers direct access to the surrounding corridor. Water and sewer infrastructure from the Four Corners Water & Sewer District is nearby. Annexation and utility connection may be pursued through the district, subject to buyer verification of availability, costs, timelines, zoning, permitted uses, and requirements. No HOA or covenants are associated with the property.
Located one block from Highway 191 in the Four Corners area, the property offers direct access to the surrounding corridor. Water and sewer infrastructure from the Four Corners Water & Sewer District is nearby. Annexation and utility connection may be pursued through the district, subject to buyer verification of availability, costs, timelines, zoning, permitted uses, and requirements. No HOA or covenants are associated with the property.
Key Highlights
- 0.22 +/- acre mixed‑use property one block off Highway 191
- 672 SF home with 1 bedroom and 1 full bathroom
- Attached 2‑car garage and attached shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,885
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,700
$197.7K
Cap Rate 7%
$141,214
$141.2K
Cap Rate 9%
$109,833
$109.8K
Market Conditions
NOI Build-Up for 672 SF
Gross rent
$14.1K $21.00/SF
− Vacancy
−$931 −$1.39/SF
EGI
$13.2K $19.61/SF
− OpEx
−$3.3K −$4.90/SF
NOI
$9.9K $14.71/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,700
Cap Rate 7%
$141,214
Cap Rate 9%
$109,833
Alternative Uses
Best Use
Office B
$141.2K
$123.6K – $164.8K
NOI $9,885 @ 7.0% cap · market cap 3.09%
Second Best
Mixed Use
$132.0K
$115.5K – $154.1K
NOI $9,243 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$175.5K
$153.5K – $204.7K
NOI $12,283 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
Explore this area
Business Placement
Demographics for 59718, MT
43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use zoning and an existing home support flexible residential or business planning.
Where is this mixed-use property located?
The property is located at 13 Central Bozeman, MT.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 0.22 +/- acre mixed‑use property one block off Highway 191; 672 SF home with 1 bedroom and 1 full bathroom; Attached 2‑car garage and attached shop
