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    Commercial Condo with Shop & Office Title is generated by Realmo AI

    211 Jetway Unit A4, Belgrade, MT 59714

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    Claim this Listing
    For Sale
    $265,000

    Work shop with an upper-level office and large garage door supports flexible business use and practical storage.

    Property size:
    1,600 SF
    Price / SF:
    $165/SF
    Added:
    Jun 28, 2026
    Days on Market:
    9
    Last Refresh:
    Jul 1 at 2:37 am

    Property Features for 211 Jetway Unit A4

    General Information

    Standard status
    Active
    Size
    1,600 SF

    Building Details

    Year Built
    2008

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    Nancy Stevenson

    Listing office Bozeman Real Estate Group

    Listing date Jun 28, 2026

    Source Purewestrealestate

    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 Bozeman Real Estate Group

    HighLights

    • Commercial condo built in 2008 with an upper‑level office layout
    • 39 x 14 shop space supports a variety of commercial uses
    • East‑facing deck offers mountain views
    • 12 x 10 garage door provides easy access for vehicles, trailers, and campers
    • Large garage door and ample storage space for work items

    Overview

    This commercial condo combines a dedicated shop area with an office space positioned on the upper level. The shop measures 39 x 14, providing an enclosed work environment suitable for a range of commercial activities, while the upper-level office offers natural light for day-to-day operations. An east-facing deck extends the usable space outdoors, and there is ample storage capacity for vehicles, trailers, campers, and related work items.

    The property is located at 211 Jetway, Unit A4, in Belgrade, Montana. The setting includes views of the Bridger Mountains, and the remarks note convenient access to the airport area, along with proximity to amenities.

    A 12 x 10 garage door allows straightforward loading and storage access, making the layout well-suited for buyers or tenants seeking a combined live-work style setup or a business space that can also accommodate personal equipment and vehicle storage. With both shop and office under one roof, the configuration supports operators who need a functional work area plus a separate, light-filled workspace for administration or client-facing tasks. This is offered for sale as a commercial condo, giving buyers a structured ownership option for a versatile property like this.

    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 $33.6k $21.00
    − Vacancy −$2.2k −$1.39
    EGI $31.4k $19.61
    − OpEx −$7.8k −$4.90
    NOI $23.5k $14.71
    1,600 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $336.2K
    $294.2K – $392.3K (±1% cap)
    NOI $23,537 @ 7.0% cap · market cap 8.88%
    Second Best
    Warehouse
    $288.2K
    $252.2K – $336.3K (±1% cap)
    NOI $20,176 @ 7.0% cap · market cap 7.61%
    Theoretical Best
    Office A
    $417.8K
    $365.6K – $487.4K (±1% cap)
    NOI $29,245 @ 7.0% cap · market cap 11.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Mountain Electric of Montana Electrical Service 406 Logistics and Dirt ... Logistics Company Mountain Home Building Building Consultant 3 Brothers Plumbing ... Plumbing Service Iron Arrow Welding ... General Contractor

    Suggested Use

    Building Supply Cafe & Coffee Shop Veterinary Clinic Bed & Breakfast Home Appliance Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belgrade
    County
    Gallatin
    State
    Montana
    Longitude
    -111.1394815
    Latitude
    45.7806936

    FAQs

    What type of property is this?
    Flex space - Work shop with an upper-level office and large garage door supports flexible business use and practical storage.
    Where is this flex space located?
    The property is located at 211 Jetway Unit A4 Belgrade, MT.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: Commercial condo built in 2008 with an upper‑level office layout; 39 x 14 shop space supports a variety of commercial uses; East‑facing deck offers mountain views
    More about this property
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