Class A Office Condo
1940 West Dickerson Street Bozeman, MT 59718
1940 West Dickerson Street, Bozeman, MT, 59718
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For Sale
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Flexible office condo with six offices, reception, kitchenette, and half bath.
Property Size2,959 SF
Price / SF$370.06
Days on Market57
Property Features for 1940 West Dickerson Street
General Information
- Standard status
- Active
- Size
- 2,959 SF
- Property subtype
- Office, Special Purpose
Building Details
- Year Built
- 2007
Listing agency
Outlaw Realty
Listed by
Graham Miles · License #RRE-BRO-LIC-108402
Source
Crexi
Added: May 26 Updated: Jul 20 at 9:03PM Checked: Jul 20 at 9:03PM
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 Outlaw Realty
Investment Insights
Based on property information with market context.
Class A office condo at 1940 West Dickerson Street offering a flexible layout designed for professional uses. The suite includes six offices, a reception area, a functional kitchenette, and a half bath, along with natural light throughout. Client privacy is supported by top-down/bottom-up blinds.
The property is located just off the high-traffic intersection of 19th and Dickerson, supporting convenient access for clients and staff. The building also offers paved parking for client convenience.
Within approximately 2,959 square feet, the space is configured to support both front-facing reception functions and multiple private offices under one roof.
The property is located just off the high-traffic intersection of 19th and Dickerson, supporting convenient access for clients and staff. The building also offers paved parking for client convenience.
Within approximately 2,959 square feet, the space is configured to support both front-facing reception functions and multiple private offices under one roof.
Key Highlights
- Class A office condo built in 2007 at 1940 W Dickerson Street
- 2,959 SF of flexible space with 6 offices plus a reception area
- Includes a kitchenette and a half bath
Local Financial Insights For Office B
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 | $62.1k | $21.00 |
| − Vacancy | −$4.1k | −$1.39 |
| EGI | $58.0k | $19.61 |
| − OpEx | −$14.5k | −$4.90 |
| NOI | $43.5k | $14.71 |
2,959 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$621.8K
$544.1K – $725.5K
NOI $43,528 @ 7.0% cap · market cap 3.98%
Second Best
Healthcare Medical
$474.7K
$415.4K – $553.9K
NOI $33,231 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$772.7K
$676.1K – $901.4K
NOI $54,086 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Keefer Amy
Service Establishment
Natalie Sea Burger ...
Counselor
Charlotte Dickson Counselor: ...
Counselor
Emily Krushefski, LCPC, ...
Counselor
Kim Lockwood Eds ...
Family Counselor
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FAQs
What type of property is this?
Office units - Flexible office condo with six offices, reception, kitchenette, and half bath.
Where is this office units located?
The property is located at 1940 West Dickerson Street Bozeman, MT.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Class A office condo built in 2007 at 1940 W Dickerson Street; 2,959 SF of flexible space with 6 offices plus a reception area; Includes a kitchenette and a half bath
