Windowed Office
16 N 9th 5B, Bozeman, MT 59715
For Sale
New
Contact for pricing
Includes private offices, a kitchenette, storage, and a dedicated bathroom in a multi-tenant building with a large parking lot.
Property Size746 SF
Price / SF$0.03
Days on Market4
Property Features for 16 N 9th 5B
General Information
Standard status
Size
Additional Details
Property Use
Amenities
private bathroom
kitchenette
natural light
Building Details
Tenancy
Listing Agency:
McKenna Adams Commercial
(406) 587-0792
Listed By:
Katie Adams · License MT RRE-BRO-LIC-56423
(406) 581-7562
Source:
Montanarootsrealty
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 8 at 5:37AM
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 McKenna Adams Commercial
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Investment Insights
Based on property information with market context.
This 746-square-foot office unit is arranged with two private offices, a storage room, a kitchenette, and a private bathroom. The storage area can be reconfigured as a third office. Windows serve both offices and the storage room, bringing natural light into those spaces.
The unit is at N 9th Avenue and Main Street in Bozeman, across from the Lewis & Clark Motel and near the Co-Op and Boot Barn. The building includes other retail occupants and is served by a large parking lot.
The unit is at N 9th Avenue and Main Street in Bozeman, across from the Lewis & Clark Motel and near the Co-Op and Boot Barn. The building includes other retail occupants and is served by a large parking lot.
Key Highlights
- 746 SF office unit at N 9th Avenue and Main Street
- Two private offices, storage room, kitchenette, and private bathroom
- Storage room can be converted to a third office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,974
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,480
$219.5K
Cap Rate 7%
$156,771
$156.8K
Cap Rate 9%
$121,933
$121.9K
Market Conditions
NOI Build-Up for 746 SF
Gross rent
$15.7K $21.00/SF
− Vacancy
−$1.0K −$1.39/SF
EGI
$14.6K $19.61/SF
− OpEx
−$3.7K −$4.90/SF
NOI
$11.0K $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%
$219,480
Cap Rate 7%
$156,771
Cap Rate 9%
$121,933
Alternative Uses
Best Use
Office B
$156.8K
$137.2K – $182.9K
NOI $10,974 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$194.8K
$170.5K – $227.3K
NOI $13,636 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Single-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
$755,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Bozeman, MT
Properties on Market for Office Units in Bozeman
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Includes private offices, a kitchenette, storage, and a dedicated bathroom in a multi-tenant building with a large parking lot.
Where is this office unit located?
The property is located at 16 N 9th 5B 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, storage room, kitchenette, and private bathroom; Storage room can be converted to a third office
