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Two-Story Office Building
For Lease
$20 SF/Yr

243 Pegasus Drive, Bozeman, MT 59718

CommercialLease, Bozeman, MT

Space Size10,104 SF
Lot Size0.84 Acres
Days on Market288

Property Features for 243 Pegasus Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning description C
Subdivision Galactic Park
Directions Located just west of Bozeman in Galactic Park, 243 Pegasus Drive is easily reached via Huffine Lane at Four Corners-just minutes from Bozeman, Belgrade, and the airport.
Standard status Active
APN RGF53929
Size 10,104 SF
Lot size 0.84 Acres

Taxes and HOA fees

Tax Description GALACTIC PARK SUB, S11, T02 S, R04 E, LOT 57, ACRES 0.84, PLAT J-414 PLUS OPEN SPACE
Legal Description GALACTIC PARK SUB, S11, T02 S, R04 E, LOT 57, ACRES 0.84, PLAT J-414 PLUS OPEN SPACE

Amenities

recording studio
green room
break room
reception area
Listing Agency: Starner Commercial Real Estate
Listed By: Michael Reams · License #BRO-79158
Added: Nov 6, 2025 Changed: Aug 19 Last Checked: Aug 21 at 5:06AM
MLS# 406941

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.

Located at 243 Pegasus Drive in Bozeman, this 10,104-square-foot office building was constructed in 2006 on approximately 0.84 acres. The two-story property offers 21 private offices, four open work areas, a conference room, break room, recording studio, green room, five restrooms, and separate mechanical and storage rooms. A reception area serves the main entrance, while an elevator and two stairwells connect the floors.

The building is positioned in the Galactic Park Subdivision of Four Corners, west of Bozeman, in a low-traffic setting near the Gallatin River and surrounding residential development. Nearby employers include Zoot Enterprises, Mesa Labs, and Wildfire Defense Systems. Four Corners Water & Sewer serves the property, which also has a fire suppression system.

The configuration can accommodate either one occupant or multiple office users. The property is described as being in good condition with no known deferred maintenance.

Key Highlights

  • 10,104 SF two‑story office building on approximately 0.84 acres
  • Constructed in 2006 with 21 private offices and four open work areas
  • Includes conference room, break room, recording studio, green room, and five restrooms

Property Analytics

Current Use

Western CPE Training Center

Suggested Use

Top Pick Parking Lot & Garage Dental Office Pharmacy Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) 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

Yes
Sprinkler system
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 59718, MT

43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Adaptable layout supports single-tenant or multi-tenant occupancy with elevator access and dedicated work areas.
Where is this office building located?
The property is located at 243 Pegasus Drive Bozeman, MT.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 10,104 SF two‑story office building on approximately 0.84 acres; Constructed in 2006 with 21 private offices and four open work areas; Includes conference room, break room, recording studio, green room, and five restrooms
More about this property
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