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Flex Space Warehouse with Overhead Door
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22 Shawnee Way, Bozeman, MT 59715

Flex space featuring a large overhead door into open warehouse space plus additional office, showroom, and storage rooms.

Property Size2,026 SF
Price / SF$239.39
Days on Market12

Property Features for 22 Shawnee Way

General Information

Standard status Active
Size 2,026 SF
Property subtype INDUSTRIAL

Amenities

overhead door
Listing Agency: Starner Commercial Real Estate
Listed By: Tom Starner · License #12265
Source: Moodyscre
Added: Jul 20 Changed: Jul 31 Last Checked: Jul 31 at 1:41PM

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 Starner Commercial Real Estate

Investment Insights

Based on property information with market context.

This flex space offers a large overhead door opening into an open warehouse area, supported by additional rooms for office, showroom, and storage use. The layout is designed to support both warehouse and front-of-house or administrative functions in one space.

Located at 22 Shawnee Way in Bozeman, MT 59715, the property’s warehouse configuration makes it suitable for light industrial, storage, and flexible workspace needs where loading access is important.

With a total size of 2,026 square feet, the space provides room to combine open operational area with separate rooms for offices, showroom activity, and storage.

Key Highlights

  • Large overhead door into an open warehouse space
  • Additional rooms for offices, showroom, and storage
  • Flex space layout combines warehouse and interior rooms

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 $42.5k $21.00
− Vacancy −$2.8k −$1.39
EGI $39.7k $19.61
− OpEx −$9.9k −$4.90
NOI $29.8k $14.71
2,026 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$425.8K
$372.5K – $496.7K (±1% cap)
NOI $29,803 @ 7.0% cap · market cap 6.14%
Second Best
Warehouse
$365.0K
$319.3K – $425.8K (±1% cap)
NOI $25,547 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$529.0K
$462.9K – $617.2K (±1% cap)
NOI $37,032 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bike Shack Auto Repair Shop Snow Shovel LLC Landscaping Scrappers Hockey Clothing Store

Suggested Use

Top Pick Building Supply Hair Salon Pharmacy Real Estate Agency (Bike/Boat/Book/etc) Store Nail Salon

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

114
Businesses Nearby
Well-served
Demand for This Use

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space featuring a large overhead door into open warehouse space plus additional office, showroom, and storage rooms.
Where is this flex space located?
The property is located at 22 Shawnee Way Bozeman, MT.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Large overhead door into an open warehouse space; Additional rooms for offices, showroom, and storage; Flex space layout combines warehouse and interior rooms
(406) 539-0717 Call to check price and availability
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