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    Live-Work Flex Warehouse Plan Title is generated by Realmo AI

    2607 Fremont Street, Bozeman, MT 59718

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    New
    For Sale
    $898,500

    Commercial Sale, Other - Bozeman, MT

    Type:Condominium
    Property size:
    2,797 SF
    Price / SF:
    $321/SF
    Added:
    Jun 1, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 4 at 1:06 am

    Property Features for 2607 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
    2,797 SF

    Utilities

    Heating system
    Natural Gas
    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# 408246 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

    • New construction 2‑bedroom home (Fremont Flex Plus plan) at Fremont Square with 2,797 SF total living/work space
    • Main level includes a 1,349 SF shop with soaring ceilings and oversized 14 ft garage doors
    • Upstairs offers nearly 1,450 SF of living space with open‑concept kitchen, dining, and living areas
    • Two bedrooms and two bathrooms upstairs, plus a large deck extending the living space outdoors
    • Heating is Natural Gas; central air is included (Cooling: Central Air)
    • Garage and assigned paved/surfaced parking included

    Overview

    Introducing 2607 Fremont and the newly released Fremont Flex Plus plan at Fremont Square. This larger 2-bedroom configuration is designed to combine a substantial shop with comfortable, modern living space in one cohesive layout. The main level features an impressive 1,349-square-foot shop with soaring ceilings and oversized 14 ft garage doors, providing room for vehicles, trailers, equipment, inventory, or a dedicated workspace. Upstairs, nearly 1,450 square feet of living space is bright and open, with an emphasis on everyday flow and entertaining-friendly layout.

    The living level includes an open-concept kitchen with a large center island, abundant cabinetry, and seamless connection into the dining and living areas. Two generous bedrooms and two bathrooms support privacy and flexibility, while a large deck extends the entertaining outdoors and captures open Montana views toward the Bridger Mountains. Totaling 2,797 square feet, the property is zoned MU, supporting a mixed-use context within the Fremont Square development.

    For buyers looking for more than traditional storage or a standard home-and-garage setup, this plan offers a practical live/work foundation. The oversized shop lends itself to contractors and service-oriented operators, as well as car enthusiasts and creative entrepreneurs who need space below without sacrificing a well-appointed home above.
    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 - Versatile live-work plan with spacious shop below and bright 2-bedroom living above, ideal for storage or hands-on work.
    Where is this mixed-use property located?
    The property is located at 2607 Fremont Street Bozeman, MT.
    What is the asking price?
    The asking price for this property is $898,500.
    What are key features of this property?
    This property features: New construction 2‑bedroom home (Fremont Flex Plus plan) at Fremont Square with 2,797 SF total living/work space; Main level includes a 1,349 SF shop with soaring ceilings and oversized 14 ft garage doors; Upstairs offers nearly 1,450 SF of living space with open‑concept kitchen, dining, and living areas
    (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.

    More about this property
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