Live-Work Space with Pull-Through
For Sale
$1,107,600
2501 Fremont Street, Bozeman, MT 59718
Bozeman, MT
Property Size3,517 SF
Price / SF$314.93
Days on Market117
Property Features for 2501 Fremont Street
General Information
Property type
Commercial Sale
Property subtype
Condominium
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 3
Subdivision
Fremont Square Condos
Standard status
Active
Size
3,517 SF
Building Details
Year built
2026
Listing Agency:
Engel & Volkers Bozeman · Engel & Völkers
(406) 404-1960
Listed By:
Kari Francisco · License #RRE-RBS-LIC-99175
(406) 595-3885
Added: Jun 18
Changed: Oct 10
Last Checked: Oct 12 at 1:06AM
MLS# 411453
Copyright © 2026 Engel & Völkers. 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.
At 2501 Fremont Street in Bozeman, this 3,517-square-foot live-work property combines a ground-floor shop with an upstairs residence. The 1,726-square-foot shop has a separated garage layout, pull-through access, high-clearance overhead doors, and a dedicated bathroom. Above it, the 1,791-square-foot residential suite includes three bedrooms, two bathrooms, a kitchen, and a living area. A 220-square-foot west-facing deck extends the residential space outdoors.
The property was built in 2026. Its location provides access to Big Sky, the airport, and downtown Bozeman.
The property was built in 2026. Its location provides access to Big Sky, the airport, and downtown Bozeman.
Key Highlights
- 3,517‑square‑foot live‑work property built in 2026
- 1,726‑square‑foot shop with separated garage layout and pull‑through access
- Shop includes high‑clearance overhead doors and a dedicated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,737
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,034,740
$1.0M
Cap Rate 7%
$739,100
$739.1K
Cap Rate 9%
$574,856
$574.9K
Market Conditions
NOI Build-Up for 3,517 SF
Gross rent
$73.9K $21.00/SF
− Vacancy
−$4.9K −$1.39/SF
EGI
$69.0K $19.61/SF
− OpEx
−$17.2K −$4.90/SF
NOI
$51.7K $14.71/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,034,740
Cap Rate 7%
$739,100
Cap Rate 9%
$574,856
Alternative Uses
Best Use
Office B
$739.1K
$646.7K – $862.3K
NOI $51,737 @ 7.0% cap · market cap 4.67%
Second Best
Mixed Use
$691.1K
$604.7K – $806.3K
NOI $48,376 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$918.4K
$803.6K – $1.07M
NOI $64,285 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - A separate upstairs residence complements a ground-level commercial shop with its own bathroom and pull-through access.
Where is this live-work space located?
The property is located at 2501 Fremont Street Bozeman, MT.
What is the asking price?
The asking price for this property is $1,107,600.
What are key features of this property?
This property features: 3,517‑square‑foot live‑work property built in 2026; 1,726‑square‑foot shop with separated garage layout and pull‑through access; Shop includes high‑clearance overhead doors and a dedicated bathroom
