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    Flex Space with Pull-Through Garage Title is generated by Realmo AI

    2605 Fremont Street, Bozeman, MT 59718

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    For Sale
    $859,555

    Commercial Sale, Other - Bozeman, MT

    Type:Condominium
    Property size:
    2,671 SF
    Price / SF:
    $321/SF
    Added:
    Jun 1, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 4 at 2:06 am

    Property Features for 2605 Fremont Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Condominium
    Zoning
    MU
    Bedrooms
    2
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2
    Parking features
    Assigned, Garage, Paved or Surfaced
    Standard status
    Active
    APN
    Rff85762
    Size
    2,671 SF

    Utilities

    Heating system
    Natural Gas, Wall Furnace
    Cooling system
    Central Air, None (Cooling)

    Building Details

    Year built
    2026
    Architectural style
    Other
    BuilderName
    All About Homes and Land

    We can help!

    Listing Contact
    Kari Francisco

    Listing agent Kari Francisco

    Listing office Engel & Völkers Bozeman 106 East Babcock, Suite 1C, Bozeman, MT

    Listing date Jun 1, 2026

    MLS# 408142 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.

    HighLights

    • Approx. 2,671 SF Cottonwood Flex Plan with 1,286± SF main‑level commercial space and 1,385± SF upper‑level flexible space
    • Main level features 15‑foot ceilings, a 12' x 14' overhead door, pull‑through garage, and an ADA‑compliant bathroom
    • Upper level offers flexible space that can be an office suite, studio, or apartment with 2 bedrooms plus an open flex room
    • Large south‑facing 230 SF deck spanning the main bedroom and flex room
    • Year built: 2026
    • Heating: natural gas wall furnace; cooling: central air

    Overview

    The Cottonwood Flex Plan at Fremont Square is a two-level live/work style configuration built for flexibility while keeping day-to-day operations practical. The main level features approximately 1,286± SF of commercial space with 15-foot ceilings, an ADA-compliant bathroom, and a 12' x 14' overhead door with pull-through garage functionality. The upper level provides approximately 1,385± SF of flexible space that can serve as an office suite or studio, or operate as an apartment with two bedrooms plus an open flex room that can function as an office or separate living room. A large, south-facing 230 sq ft deck spans the main bedroom and the flex room.

    Situated along Jackrabbit Lane near the new Jackrabbit Crossing development, Fremont Square offers visibility and access to I-90 as well as connectivity toward Bozeman, Belgrade, and Big Sky. The zoning is listed as MU.

    This setup is well-suited for trades, small businesses, hobbyist and owner-operated operations, and light industrial users looking for ownership with built-in versatility. The combination of commercial space with a pull-through overhead door and upper-level flexible space supports a range of work-from-home and small business models where the operator benefits from having both functional workspace and adaptable room layouts.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Bozeman
    County
    Gallatin
    State
    Montana
    Longitude
    -111.103
    Latitude
    45.4973

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    FAQs

    What type of property is this?
    Mixed-use property - Two-level flex plan with high ceilings, ADA bath, and a pull-through overhead door for versatile business use.
    Where is this mixed-use property located?
    The property is located at 2605 Fremont Street Bozeman, MT.
    What is the asking price?
    The asking price for this property is $859,555.
    What are key features of this property?
    This property features: Approx. 2,671 SF Cottonwood Flex Plan with 1,286± SF main‑level commercial space and 1,385± SF upper‑level flexible space; Main level features 15‑foot ceilings, a 12' x 14' overhead door, pull‑through garage, and an ADA‑compliant bathroom; Upper level offers flexible space that can be an office suite, studio, or apartment with 2 bedrooms plus an open flex room
    (406) 595-3885
    We can help!
    Listing Contact
    Kari Francisco
    Real Estate License ID: RRE-RBS-LIC-99175
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2605 Fremont Street, Bozeman, MT 59718
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