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Bright Retail Space
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2104 Industrial, Bozeman, MT 59715

Customer-facing layout combines a bright front area with private offices, bathrooms, storage, and a fenced yard.

Property Size2,163 SF
Price / SF$0.01
Days on Market58

Property Features for 2104 Industrial

General Information

Standard status Active
Size 2,163 SF
Property subtype Commercial

Amenities

fenced yard
Listing Agency: McKenna Adams Commercial
Listed By: Tyler Miles
Source: Clearwaterproperties
Added: Aug 26 Changed: Oct 21 Last Checked: Oct 20 at 9:58PM

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 2,163 SF retail space includes a broad front area with abundant windows and natural light. The rear portion is arranged with private offices, two bathrooms, and dedicated storage, creating a practical division between customer-facing and back-of-house areas. A small fenced yard provides additional exterior space.

Located at 2104 Industrial Drive, B, the property is near North 7th and N Rouse in Bozeman. The combination of visible front-area glazing, enclosed offices, support rooms, and outdoor space accommodates both retail and office functions within a single commercial layout.

Key Highlights

  • 2,163 SF retail space near North 7th and N Rouse
  • Large front area with abundant windows and natural light
  • Private offices positioned toward the rear

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,346
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,920 $506.9K
Cap Rate 7%
$362,086 $362.1K
Cap Rate 9%
$281,622 $281.6K
Market Conditions
NOI Build-Up for 2,163 SF
Gross rent
$38.9K $18.00/SF
− Vacancy
−$2.7K −$1.26/SF
EGI
$36.2K $16.74/SF
− OpEx
−$10.9K −$5.02/SF
NOI
$25.3K $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%
$506,920
Cap Rate 7%
$362,086
Cap Rate 9%
$281,622

Alternative Uses

Best Use
Office B
$454.6K
$397.7K – $530.3K (±1% cap)
NOI $31,819 @ 7.0% cap · market cap 167,468.42%
Second Best
Retail
$362.1K
$316.8K – $422.4K (±1% cap)
NOI $25,346 @ 7.0% cap · market cap 133,400.00%
Theoretical Best
Office A
$564.8K
$494.2K – $658.9K (±1% cap)
NOI $39,536 @ 7.0% cap · market cap 208,084.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bozeman Bike Kitchen Charitable Organization MOSS - Montana Outdoor ... Vocational School

Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Dental Office Grocery & Convenience Store 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.

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Customer-facing layout combines a bright front area with private offices, bathrooms, storage, and a fenced yard.
Where is this retail space located?
The property is located at 2104 Industrial Bozeman, MT.
What are key features of this property?
This property features: 2,163 SF retail space near North 7th and N Rouse; Large front area with abundant windows and natural light; Private offices positioned toward the rear
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