Office Condo Suite with Four
4-517 S 22nd Ave Bozeman, MT 59718
4-517 S 22nd Ave, Bozeman, MT, 59718
$380,000
For Sale
$380,000
Condo office suite offering four private offices, an entry area, and a dedicated kitchenette.
Property Size1,386 SF
Price / SF$274.17
Days on Market97
Property Features for 4-517 S 22nd Ave
General Information
- Standard status
- Active
- Size
- 1,386 SF
Listing agency
Bozeman Real Estate Group
(406) 579-4432
Listed by
Matthew Ryan · License #RBS-88969
(406) 579-4432
Source
Exprealty
Added: Apr 17 Updated: Jul 22 at 11:19AM Checked: Jul 22 at 11:19AM
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 Bozeman Real Estate Group
Investment Insights
Based on property information with market context.
Located at 517 S 22nd Avenue, Unit 4, this office condo suite is part of the established Bridger Professional Condos. The suite is designed to support professional workflows, with four private offices, a welcoming entry area, and a dedicated kitchenette.
The property is situated in Bozeman, Montana in Gallatin County, within a developed commercial corridor. It also benefits from proximity to key business hubs and Montana State University.
As a commercial condo, it offers low-maintenance ownership and is offered for sale as a complete, move-in ready office environment featuring multiple enclosed rooms and a built-in kitchenette.
The property is situated in Bozeman, Montana in Gallatin County, within a developed commercial corridor. It also benefits from proximity to key business hubs and Montana State University.
As a commercial condo, it offers low-maintenance ownership and is offered for sale as a complete, move-in ready office environment featuring multiple enclosed rooms and a built-in kitchenette.
Key Highlights
- Commercial condo office suite in Bridger Professional Condos (Bozeman, MT)
- 1,386 SF office with four private offices
- Includes welcoming entry area and dedicated kitchenette
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.1k | $21.00 |
| − Vacancy | −$1.9k | −$1.39 |
| EGI | $27.2k | $19.61 |
| − OpEx | −$6.8k | −$4.90 |
| NOI | $20.4k | $14.71 |
1,386 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$291.3K
$254.9K – $339.8K
NOI $20,389 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.9K
$316.7K – $422.2K
NOI $25,334 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Condo office suite offering four private offices, an entry area, and a dedicated kitchenette.
Where is this office units located?
The property is located at 4-517 S 22nd Ave Bozeman, MT.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Commercial condo office suite in Bridger Professional Condos (Bozeman, MT); 1,386 SF office with four private offices; Includes welcoming entry area and dedicated kitchenette
