Flex Space with
2770 N 19th Avenue, Bozeman, MT 59718
For Sale
$4,599,000
M1-zoned property combines retail showroom, warehouse, office, and outdoor yard areas.
Property Size13,500 SF
Lot Size4.08 Acres
Price / SF$340.67
Days on Market22
Property Features for 2770 N 19th Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Outdoor Storage
Mixed-Use Components
Warehouse & Industrial
Warehouse Space
Mezzanine
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
McCaw, DeVries, Steinhauer & Co.
(406) 587-5540
Listed By:
Mike DeVries · License #405665
(406) 580-2345
Source:
Outlaw
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 4:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McCaw, DeVries, Steinhauer & Co.
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Investment Insights
Based on property information with market context.
Built in 2000, this 13,500-square-foot flex property sits on 4.084 acres. The interior includes approximately 4,500 square feet of showroom and retail space, 7,500 square feet of warehouse area, and a 1,500-square-foot mezzanine. Warehouse features include overhead cranes, a wash bay, and multiple large doors. Four office spaces and three bathrooms round out the building, while the yard provides additional area for storage, equipment, and parking.
Key Highlights
- 4.084‑acre property with approximately 13,500 square feet of building space
- Approximately 4,500 square feet of showroom and retail area
- Warehouse includes approximately 7,500 square feet plus a 1,500‑square‑foot mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,232
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,404,640
$3.4M
Cap Rate 7%
$2,431,886
$2.4M
Cap Rate 9%
$1,891,467
$1.9M
Market Conditions
NOI Build-Up for 13,500 SF
Gross rent
$202.5K $15.00/SF
− Vacancy
−$2.2K −$0.17/SF
EGI
$200.3K $14.83/SF
− OpEx
−$30.0K −$2.23/SF
NOI
$170.2K $12.61/SF
Area
Gallatin County, MT
Vacancy
1.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,404,640
Cap Rate 7%
$2,431,886
Cap Rate 9%
$1,891,467
Alternative Uses
Best Use
Warehouse
$2.43M
$2.13M – $2.84M
NOI $170,232 @ 7.0% cap · market cap 3.70%
Second Best
Flex RnD
$2.35M
$2.05M – $2.74M
NOI $164,245 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$3.53M
$3.08M – $4.11M
NOI $246,758 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Well-served
Demand for This Use
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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
$579,800
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Bozeman, MT
Properties on Market for Flex space in Bozeman
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Tim's Food Rukus — 2876 n 27th, bozeman, at outlaw brewing wed,thurs,fri, bozeman, mt 59718
Frequently Asked Questions
What type of property is this?
Flex space - M1-zoned property combines retail showroom, warehouse, office, and outdoor yard areas.
Where is this flex space located?
The property is located at 2770 N 19th Avenue Bozeman, MT.
What is the asking price?
The asking price for this property is $4,599,000.
What are key features of this property?
This property features: 4.084‑acre property with approximately 13,500 square feet of building space; Approximately 4,500 square feet of showroom and retail area; Warehouse includes approximately 7,500 square feet plus a 1,500‑square‑foot mezzanine
