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Office Suite with Private Offices

402 Main, Bozeman, MT 59715

For Sale
Contact for pricing

A second-floor workspace combines enclosed offices, meeting space, reception, a bullpen, kitchen and private restrooms.

Property Size2,977 SF
Price / SF$0.01
Days on Market21

Property Features for 402 Main

General Information

Standard status Active
Size 2,977 SF
Property subtype Commercial

Additional Details

Floor 2
Property Use Office

Amenities

Garage: Common,On Street
Common,On Street
Listing Agency: Starner Commercial Real Estate
Listed By: Tom Starner · License MT RRE-BRO-LIC-12265
Source: Clearwaterproperties
Added: Oct 24 Changed: Nov 12 Last Checked: Nov 12 at 4:33AM

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 Starner Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,977-square-foot office suite occupies the second floor and includes seven private offices, a conference room, reception area and bullpen. A kitchen and break room, along with private restrooms, round out the layout. The space has numerous windows and finished interior appointments.

The suite is at the Main and Rouse corner in downtown Bozeman, with views over downtown. It is available December 1.

Key Highlights

  • 2,977‑square‑foot second‑floor office suite
  • Seven individual offices, conference room, reception area and bullpen
  • Kitchen/break room and private restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,793
Suggested Prices Based on Cap Rates
Cap Rate 5%
$875,860 $875.9K
Cap Rate 7%
$625,614 $625.6K
Cap Rate 9%
$486,589 $486.6K
Market Conditions
NOI Build-Up for 2,977 SF
Gross rent
$62.5K $21.00/SF
− Vacancy
−$4.1K −$1.39/SF
EGI
$58.4K $19.61/SF
− OpEx
−$14.6K −$4.90/SF
NOI
$43.8K $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%
$875,860
Cap Rate 7%
$625,614
Cap Rate 9%
$486,589

Alternative Uses

Best Use
Office B
$625.6K
$547.4K – $729.9K (±1% cap)
NOI $43,793 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$777.4K
$680.2K – $906.9K (±1% cap)
NOI $54,415 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Brickhouse Creative Inc Marketing & Advertising Paine Group, Inc. Construction Company QuickBooks Customer Service ... Accounting Firm Bozeman Symphony Theater & Performing Art Venue Brickhouse Creative Advertising Agency

Suggested Use

Top Pick Electrical Service Dental Office Auto Parts Store Building Supply Big Box & Wholesale Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

2,025
Businesses Nearby

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

Average Price Trend$/SF for Office Units in Bozeman, MT

$372 Jul
$374 Aug
$312 Sep
$308 Oct

Properties on Market for Office Units in Bozeman

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - A second-floor workspace combines enclosed offices, meeting space, reception, a bullpen, kitchen and private restrooms.
Where is this office unit located?
The property is located at 402 Main Bozeman, MT.
What are key features of this property?
This property features: 2,977‑square‑foot second‑floor office suite; Seven individual offices, conference room, reception area and bullpen; Kitchen/break room and private restrooms
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Includes: Price & PSF · Cap rate · Location · Zoning

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