Turnkey Office Condo with
4-626 S Ferguson Ave Bozeman, MT 59718
4-626 S Ferguson Ave, Bozeman, MT, 59718
$425,000
For Sale
$425,000
Turnkey office condo with three private offices, reception area, and break room, plus signage visibility and parking.
Property Size1,249 SF
Price / SF$340.27
Days on Market86
Property Features for 4-626 S Ferguson Ave
General Information
- Standard status
- Active
- Size
- 1,249 SF
Listing agency
Hart Real Estate
(406) 599-6961
Listed by
Lori Hart · License #BRO-62814
(406) 599-6961
Source
Exprealty
Added: Apr 27 Updated: Jul 10 at 2:11PM Checked: Jul 20 at 7:15AM
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 Hart Real Estate
Investment Insights
Based on property information with market context.
This professionally configured office condo is designed for a straightforward owner-user or investment setup, with a reception area, a functional break room, and three private offices. The space has been refreshed with newer paint and carpeting, and the water heater has also been updated, helping minimize near-term transitions for a new tenant or business.
Positioned along Ferguson Ave, the property provides signage visibility and benefits from plenty of on-site parking. It is offered as part of a multi-tenant configuration where two other tenants are already in place with counseling businesses, and those leases are described as NNN.
For an owner-user, the layout supports a reception-first workflow with multiple dedicated rooms for client meetings or staff offices. For an investor, the current tenant structure provides an opportunity to own an income-producing office condo alongside an owner-occupied option, with seller financing potentially available to a qualified buyer with an acceptable offer. The convenience to services and arterials adds to the day-to-day usability for staff and clients.
Positioned along Ferguson Ave, the property provides signage visibility and benefits from plenty of on-site parking. It is offered as part of a multi-tenant configuration where two other tenants are already in place with counseling businesses, and those leases are described as NNN.
For an owner-user, the layout supports a reception-first workflow with multiple dedicated rooms for client meetings or staff offices. For an investor, the current tenant structure provides an opportunity to own an income-producing office condo alongside an owner-occupied option, with seller financing potentially available to a qualified buyer with an acceptable offer. The convenience to services and arterials adds to the day-to-day usability for staff and clients.
Key Highlights
- Professional office condo with signage visibility on Ferguson Ave
- Spacious office layout with reception area and 3 private offices
- Includes a functional break room
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 | $26.2k | $21.00 |
| − Vacancy | −$1.7k | −$1.39 |
| EGI | $24.5k | $19.61 |
| − OpEx | −$6.1k | −$4.90 |
| NOI | $18.4k | $14.71 |
1,249 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$262.5K
$229.7K – $306.2K
NOI $18,373 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.1K
$285.4K – $380.5K
NOI $22,830 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Turnkey office condo with three private offices, reception area, and break room, plus signage visibility and parking.
Where is this office units located?
The property is located at 4-626 S Ferguson Ave Bozeman, MT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Professional office condo with signage visibility on Ferguson Ave; Spacious office layout with reception area and 3 private offices; Includes a functional break room
