Live-Work Condominium with Overhead
2503 Fremont Street Bozeman, MT 59718
2503 Fremont Street, Bozeman, MT, 59718
$885,000
For Sale
$885,000
Commercial Sale, Other - Bozeman, MT
Property Size2,854 SF
Price / SF$310.09
Days on Market13
Property Features for 2503 Fremont Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Condominium
- Zoning
- MU
- Parking features
- Assigned, Garage, Paved or Surfaced
- Standard status
- Active
- APN
- RFF85762
- Size
- 2,854 SF
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Architectural style
- Other
- BuilderName
- All About Homes and Land
Listing Agency
Engel & Völkers Bozeman
(406) 404-1960
106 East Babcock, Suite 1C, Bozeman, MT
Listed by
Kari Francisco
(406) 595-3885
Added: Jul 8 Checked: Jul 20 at 9:06 am
MLS# 412694
Listing URL
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.
The Cottonwood Series at Fremont Square offers a live-work commercial condominium with a utility-focused main level designed as an expansive shop/garage. The layout includes pull-through access and oversized overhead doors, with additional space on the upper level featuring a finished layout that can serve multiple operational and personal needs.
Located along the Jackrabbit Lane corridor at 2503 Fremont Street in Bozeman, this unit is part of Fremont Square, surrounded by continued commercial and residential growth.
Zoned MU, the property combines practical shop/vehicle functionality with an adaptable finished upper space, supporting flexible use within one condominium configuration.
Located along the Jackrabbit Lane corridor at 2503 Fremont Street in Bozeman, this unit is part of Fremont Square, surrounded by continued commercial and residential growth.
Zoned MU, the property combines practical shop/vehicle functionality with an adaptable finished upper space, supporting flexible use within one condominium configuration.
Key Highlights
- Live/work commercial condominium designed for business owners, with main‑level shop/garage space and an upper finished area.
- Expansive shop/garage with pull‑through access and oversized overhead doors for equipment, inventory, fleet vehicles, and storage.
- Central air cooling and natural gas heating.
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 | $59.9k | $21.00 |
| − Vacancy | −$4.0k | −$1.39 |
| EGI | $56.0k | $19.61 |
| − OpEx | −$14.0k | −$4.90 |
| NOI | $42.0k | $14.71 |
2,854 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$599.8K
$524.8K – $699.7K
NOI $41,984 @ 7.0% cap · market cap 4.74%
Second Best
Mixed Use
$560.8K
$490.7K – $654.3K
NOI $39,257 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$745.2K
$652.1K – $869.5K
NOI $52,167 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Expansive shop/garage on the main level with pull-through access and oversized overhead doors, plus a finished upper level.
Where is this live-work space located?
The property is located at 2503 Fremont Street Bozeman, MT.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Live/work commercial condominium designed for business owners, with main‑level shop/garage space and an upper finished area.; Expansive shop/garage with pull‑through access and oversized overhead doors for equipment, inventory, fleet vehicles, and storage.; Central air cooling and natural gas heating.
