Office Suite with Private
New
For Sale
Contact for pricing
16 9th, Bozeman, MT 59715
Two private offices, a kitchenette, storage, and a private restroom support a range of office functions.
Property Size746 SF
Price / SF$0.03
Days on Market2
Property Features for 16 9th
General Information
Standard status
Active
Size
746 SF
Property subtype
Commercial
Additional Details
Office Units
1
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
McKenna Adams Commercial
Listed By:
Katie Adams · License #RRE-BRO-LIC-56423
(406) 581-7562
Source:
Clearwaterproperties
Added: Oct 16
Last Checked: Oct 16 at 2:04PM
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 McKenna Adams Commercial
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Investment Insights
Based on property information with market context.
This 746 SF office unit is arranged with two private offices, a storage room, a kitchenette, and a private bathroom. The storage area can be adapted as a third office, and windows in both offices and the storage room bring natural light into those spaces. The building also contains retail occupants and is served by a large parking lot.
The property is at N 9th Avenue and Main Street in Bozeman. The Co-Op and Boot Barn are nearby, while the Lewis & Clark Motel is across the street.
The property is at N 9th Avenue and Main Street in Bozeman. The Co-Op and Boot Barn are nearby, while the Lewis & Clark Motel is across the street.
Key Highlights
- 746 SF office unit at N 9th Avenue and Main Street
- Two private offices plus a storage room that can serve as a third office
- Kitchenette and private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,742
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,840
$174.8K
Cap Rate 7%
$124,886
$124.9K
Cap Rate 9%
$97,133
$97.1K
Market Conditions
NOI Build-Up for 746 SF
Gross rent
$13.4K $18.00/SF
− Vacancy
−$940 −$1.26/SF
EGI
$12.5K $16.74/SF
− OpEx
−$3.7K −$5.02/SF
NOI
$8.7K $11.72/SF
Area
Gallatin County, MT
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,840
Cap Rate 7%
$124,886
Cap Rate 9%
$97,133
Alternative Uses
Best Use
Office B
$156.8K
$137.2K – $182.9K
NOI $10,974 @ 7.0% cap · market cap 45,725.00%
Second Best
Retail
$124.9K
$109.3K – $145.7K
NOI $8,742 @ 7.0% cap · market cap 36,425.00%
Theoretical Best
Office A
$194.8K
$170.5K – $227.3K
NOI $13,636 @ 7.0% cap · market cap 56,816.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,629
Businesses Nearby
Explore this area
Business Placement
Demographics for 59715, MT
37,286
Population
17,116
Households
2.2
Avg Household Size
30
Median Age
68%
College-Educated
98%
High-School Grad
294.9 sq mi
ZIP Area
126
Density / Sq Mi
$85,000
Median Household Income
$31,646
Median Earnings
$1,376
Median Rent
$755,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Two private offices, a kitchenette, storage, and a private restroom support a range of office functions.
Where is this office units located?
The property is located at 16 9th Bozeman, MT.
What are key features of this property?
This property features: 746 SF office unit at N 9th Avenue and Main Street; Two private offices plus a storage room that can serve as a third office; Kitchenette and private bathroom
