Live-Work Condo with
2609 Fremont Street, Bozeman, MT 59718
For Sale
New
$859,900
Bozeman, MT
Property Size2,671 SF
Price / SF$321.94
Days on Market2
Property Features for 2609 Fremont Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Standard status
Size
Additional Details
Mixed-Use Components
Amenities
high ceilings
oversized overhead door
private deck
views
stainless appliances
Building Details
Year built
Listing Agency:
Engel & Volkers Bozeman · Engel & Völkers
(406) 404-1960
Listed By:
Kari Francisco · License MT RRE-RBS-LIC-99175
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 415991
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.
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Investment Insights
Based on property information with market context.
This 2,671-square-foot live-work condo pairs a ground-floor shop with a separate residence above. The shop features high ceilings, finished walls, overhead lighting, an oversized overhead door and its own bathroom. The upper-level home has an open layout, three bedrooms, a kitchen with a center island and stainless appliances, and bathrooms with double vanity fixtures. Sliding doors lead to a private deck with valley and mountain views. Built in 2025, the property includes garage, assigned and common parking on a paved site.
Situated in the Four Corners area, the property provides access to Bozeman, Big Sky and the greater Gallatin Valley. Potential commercial applications identified include office, medical office, retail and light industrial, subject to association and local requirements.
Situated in the Four Corners area, the property provides access to Bozeman, Big Sky and the greater Gallatin Valley. Potential commercial applications identified include office, medical office, retail and light industrial, subject to association and local requirements.
Key Highlights
- 2,671 square feet arranged as a commercial shop with a separate residence above
- Ground‑floor workspace has high ceilings, finished walls, overhead lighting and an oversized overhead door
- Three bedrooms in the upper residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,292
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,840
$785.8K
Cap Rate 7%
$561,314
$561.3K
Cap Rate 9%
$436,578
$436.6K
Market Conditions
NOI Build-Up for 2,671 SF
Gross rent
$56.1K $21.00/SF
− Vacancy
−$3.7K −$1.39/SF
EGI
$52.4K $19.61/SF
− OpEx
−$13.1K −$4.90/SF
NOI
$39.3K $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%
$785,840
Cap Rate 7%
$561,314
Cap Rate 9%
$436,578
Alternative Uses
Best Use
Office B
$561.3K
$491.2K – $654.9K
NOI $39,292 @ 7.0% cap · market cap 4.57%
Second Best
Mixed Use
$524.9K
$459.3K – $612.3K
NOI $36,740 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$697.5K
$610.3K – $813.7K
NOI $48,822 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
28
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
$579,800
Median Home Value
Market
Average Price Trend$/SF for Live-work space in Bozeman, MT
Properties on Market for Live-work space in Bozeman
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Live-work space - A three-bedroom residence sits above a finished commercial workspace with a dedicated bathroom and oversized overhead door.
Where is this live-work space located?
The property is located at 2609 Fremont Street Bozeman, MT.
What is the asking price?
The asking price for this property is $859,900.
What are key features of this property?
This property features: 2,671 square feet arranged as a commercial shop with a separate residence above; Ground‑floor workspace has high ceilings, finished walls, overhead lighting and an oversized overhead door; Three bedrooms in the upper residence
