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Honey Retail Storefront
For Sale
$550,000

19 S Tracy, Bozeman, MT 59715

CommercialSale, Bozeman, MT

Property Size3,780 SF
Price / SF$145.50
Days on Market552

Property Features for 19 S Tracy

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B3
Parking features On Street
Directions Main Street Downtown, S on Tracy, 2nd Building on the Right (West side of the road).
Subdivision 1SM - Boz Main to Kagy
Standard status Active
APN RGH1153
Size 3,780 SF

Taxes and HOA fees

Tax Year 2025
Tax Description STORY ADD, S07, T02 S, R06 E, BLOCK A, Lot 1, NW4 BEING 54'X35'
Tax Annual Amount 13125
Legal Description STORY ADD, S07, T02 S, R06 E, BLOCK A, Lot 1, NW4 BEING 54'X35'

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1928
Listing Agency: Gallatin Realty Group
Listed By: Michelle Haverstick · License #BRO-63222
Added: Apr 2, 2025 Changed: Aug 27 Last Checked: Oct 5 at 3:06PM
MLS# 400721

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,780-square-foot storefront property in Bozeman houses a specialty honey retail operation with product inventory, beekeeping equipment, and related merchandise. The offering includes the website, domain name, Square point-of-sale system, and an assumable lease. Central air serves the building, which was constructed in 1928.

The business provides honey tastings and educational classes focused on beekeeping and honey-related topics. A lower level adds space for larger classes, training sessions, and tastings. Public water and sewer serve the property, with on-street parking available.

The sale includes inventory and equipment, along with an opportunity for a new owner to continue the existing retail and online sales channels.

Key Highlights

  • 3,780‑square‑foot storefront property
  • Assumable lease included with the business
  • Sale includes inventory, website, domain name, and Square point‑of‑sale system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,294
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,880 $885.9K
Cap Rate 7%
$632,771 $632.8K
Cap Rate 9%
$492,156 $492.2K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$68.0K $18.00/SF
− Vacancy
−$4.8K −$1.26/SF
EGI
$63.3K $16.74/SF
− OpEx
−$19.0K −$5.02/SF
NOI
$44.3K $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%
$885,880
Cap Rate 7%
$632,771
Cap Rate 9%
$492,156

Alternative Uses

Best Use
Retail
$632.8K
$553.7K – $738.2K (±1% cap)
NOI $44,294 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$987.0K
$863.7K – $1.15M (±1% cap)
NOI $69,092 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Montana Honey Bee ... Specialty Food Shop

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Locksmith Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,170
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 33% Hotels & Casinos 25% Dining 17% Apparel 11%
Kimpton Armory Hotel Bozeman Hotels & Casinos
12,269 visits/mo 0.1 miles
MacKenzie River Pizza Co. Dining
8,194 visits/mo 0.2 miles
Conoco Shops & Services
7,236 visits/mo 0.5 miles
Fjallraven Apparel
6,477 visits/mo 0.0 miles
Owenhouse Ace Hardware Home Improvements & Furnishings
6,198 visits/mo 0.0 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Specialty retail operation with lower-level instructional space and an assumable lease.
Where is this storefront property located?
The property is located at 19 S Tracy Bozeman, MT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,780‑square‑foot storefront property; Assumable lease included with the business; Sale includes inventory, website, domain name, and Square point‑of‑sale system
More about this property
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