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Office Suite with Elevator
For Lease
$20 SF/Yr

243 Pegasus Drive, Bozeman, MT 59718

COMMERCIAL - Bozeman, MT

Space SizeContact for details
Property Size10,104 SF
Lot Size0.84 Acres
Days on Market279

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 5,052 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
break room
reception area
dedicated mechanical room
dedicated storage room
Listing Agency: Starner Commercial Real Estate
Listed By: Michael Reams · License #BRO-79158
Added: Nov 6, 2025 Changed: Aug 4 Last Checked: Aug 12 at 8:06AM
MLS# 406937

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.

This approximately 5,052-square-foot office suite occupies part of a 10,104-square-foot, two-story building constructed in 2006. The interior includes private offices, open work areas, a conference room, break room, recording studio, multiple restrooms, mechanical rooms, storage, and a reception area. An elevator and two stairwells connect the levels, with Unit 1 on the main level and Unit 2 on the second level. The property can support single-tenant or multi-tenant occupancy, and the available configuration is suited to professional, creative, or medical users as described in the listing.

Set on approximately 0.84 acres in the Galactic Park Subdivision of Four Corners, the property is west of Bozeman and near the Gallatin River. Zoot Enterprises, Mesa Labs, and Wildfire Defense Systems are identified nearby. Four Corners Water & Sewer serves the property, which also has a fire suppression system.

Key Highlights

  • +/-5,052 SF office suite within a +/-10,104 SF building
  • Two‑story office building constructed in 2006
  • Private offices, open work areas, conference room, break room, and recording studio

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

Lease Benchmarks for Bozeman, MT

$30.04 /SF/Yr
Avg Asking Price
$9–$76.6 /SF/Yr
Price Range
2,806 SF
Avg Space Size

This space is priced 33% below the average of $30.04 /SF/Yr.

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 units - The layout includes private offices, open work areas, a conference room, and a recording studio.
Where is this office units 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: +/-5,052 SF office suite within a +/-10,104 SF building; Two‑story office building constructed in 2006; Private offices, open work areas, conference room, break room, and recording studio
More about this property
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