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Light Industrial Flex Condo
For Sale
$485,000

30 Shawnee Way, Bozeman, MT 59715

CommercialSale, Bozeman, MT

Property Size2,026 SF
Price / SF$239.39
Days on Market244

Property Features for 30 Shawnee Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning description M1
Directions From East Frontage Road, turn south on Shawnee Way. Building 30 will be the furthest building back, and Unit E is on the right side of the building.
Subdivision 1SM - Boz Main to Kagy
Standard status Active
APN RGH51346
Size 2,026 SF

Taxes and HOA fees

Tax Year 2025
Tax Description EAST END COMMERCIAL WAREHOUSES CONDO, S09, T02 S, R06 E, UNIT 30E
Tax Annual Amount 2784
HOA Fee $250 Monthly
Legal Description EAST END COMMERCIAL WAREHOUSES CONDO, S09, T02 S, R06 E, UNIT 30E

Building Details

Year built 2006
Listing Agency: Starner Commercial Real Estate
Listed By: Tom Starner · License #BRO-12265
Added: Feb 9 Changed: Sep 3 Last Checked: Oct 11 at 8:06AM
MLS# 408474

Copyright © 2026 Big Sky Country MLS. 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.

This 2026-square-foot light industrial commercial condominium, built in 2006, offers a practical mix of warehouse, showroom, office, and storage space. A large overhead door serves the warehouse, while a separate man door opens to the office and showroom area. Ground-floor rooms can support additional offices or storage, and the finished upper level includes a private windowed office and separate work area.

The property is in East Bozeman just off East Frontage Road, with access to the East Main Interchange of I-90. Its two-level configuration and combination of work, display, and administrative areas support owner-occupant or investment use.

Key Highlights

  • 2026 square feet of light industrial commercial condominium space
  • Large overhead door provides access to the warehouse area
  • Office and showroom entry served by a separate man door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,803
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,060 $596.1K
Cap Rate 7%
$425,757 $425.8K
Cap Rate 9%
$331,144 $331.1K
Market Conditions
NOI Build-Up for 2,026 SF
Gross rent
$42.5K $21.00/SF
− Vacancy
−$2.8K −$1.39/SF
EGI
$39.7K $19.61/SF
− OpEx
−$9.9K −$4.90/SF
NOI
$29.8K $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%
$596,060
Cap Rate 7%
$425,757
Cap Rate 9%
$331,144

Alternative Uses

Best Use
Office B
$425.8K
$372.5K – $496.7K (±1% cap)
NOI $29,803 @ 7.0% cap · market cap 6.14%
Second Best
Warehouse
$365.0K
$319.3K – $425.8K (±1% cap)
NOI $25,547 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$529.0K
$462.9K – $617.2K (±1% cap)
NOI $37,032 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Rite Bobbin (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon (Bike/Boat/Book/etc) Store Pharmacy Building Supply Nail Salon Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
Balanced
Demand for This Use

Demographics for 59715, MT

37,286
Population
17,116
Households
2.2
Avg Household Size
30
Median Age
68%
College-Educated
98%
High-School Grad
294.9 sq mi
ZIP Area
126
Density / Sq Mi
$85,000
Median Household Income
$31,646
Median Earnings
$1,376
Median Rent
$755,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Commercial condo combines warehouse, showroom, and flexible office areas across two levels.
Where is this flex space located?
The property is located at 30 Shawnee Way Bozeman, MT.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2026 square feet of light industrial commercial condominium space; Large overhead door provides access to the warehouse area; Office and showroom entry served by a separate man door
More about this property
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