Street-Facing Retail
317 Mendenhall, Bozeman, MT 59715
For Sale
New
Contact for pricing
A flexible interior includes exposed wood beams, a kitchenette, one bathroom, and a dedicated storage room.
Property Size1,396 SF
Price / SF$1.90
Days on Market2
Property Features for 317 Mendenhall
General Information
Standard status
Size
Property subtype
Amenities
exposed wood beams
carpet
kitchenette
bathroom
storage room
Listing Agency:
Realty One Group Peak
Listed By:
Meredith Johnson · License MT RRE-BRO-LIC-98666
(406) 451-4652
Source:
Clearwaterproperties
Added: Nov 12
Last Checked: Nov 12 at 2:47PM
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 Realty One Group Peak
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Investment Insights
Based on property information with market context.
Unit A is a 1,396-square-foot commercial suite with storefront windows and two separate entrances. Exposed wood beams and carpet finish the interior, while a kitchenette, one bathroom, and a storage room support day-to-day operations. The layout is described as suitable for professional office, retail, boutique fitness, or wellness use.
The property is at 317 Mendenhall in downtown Bozeman, next door to Fresco Cafe and a short walk from Main Street. Bozeman Creek and open green space are outside the building.
The property is at 317 Mendenhall in downtown Bozeman, next door to Fresco Cafe and a short walk from Main Street. Bozeman Creek and open green space are outside the building.
Key Highlights
- 1,396± SF suite with two separate entrances
- Street‑facing storefront windows
- Exposed wood beams and carpeted interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,358
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,160
$327.2K
Cap Rate 7%
$233,686
$233.7K
Cap Rate 9%
$181,756
$181.8K
Market Conditions
NOI Build-Up for 1,396 SF
Gross rent
$25.1K $18.00/SF
− Vacancy
−$1.8K −$1.26/SF
EGI
$23.4K $16.74/SF
− OpEx
−$7.0K −$5.02/SF
NOI
$16.4K $11.72/SF
Area
Gallatin County, MT
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,160
Cap Rate 7%
$233,686
Cap Rate 9%
$181,756
Alternative Uses
Best Use
Retail
$233.7K
$204.5K – $272.6K
NOI $16,358 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$364.5K
$319.0K – $425.3K
NOI $25,517 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,088
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Hotels & Casinos 23%
Dining 13%
Apparel 8%
Conoco
Shops & Services
14,045 visits/mo
0.4 miles
Kimpton Armory Hotel Bozeman
Hotels & Casinos
12,269 visits/mo
0.3 miles
Town Pump
Shops & Services
9,655 visits/mo
0.4 miles
MacKenzie River Pizza Co.
Dining
8,194 visits/mo
0.2 miles
Fjallraven
Apparel
6,477 visits/mo
0.2 miles
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
$755,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Bozeman, MT
Properties on Market for Retail space in Bozeman
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A flexible interior includes exposed wood beams, a kitchenette, one bathroom, and a dedicated storage room.
Where is this retail space located?
The property is located at 317 Mendenhall Bozeman, MT.
What are key features of this property?
This property features: 1,396± SF suite with two separate entrances; Street‑facing storefront windows; Exposed wood beams and carpeted interior
