5-14 Culver Pl, Manhattan, MT 59741
Newly built condo with a heated metal shop, office, and ample parking for flexible business use.
- Added:
- May 9, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 20 at 9:02 am
Property Features for 5-14 Culver Pl
General Information
- Standard status
- Active
- Size
- 1,500 SF
Listing office Montana Life Real Estate (623) 290-3586
Listing date May 9, 2026
Source Exprealty
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 Montana Life Real Estate
HighLights
- Newly built 1,500 +/- SF versatile commercial condo in Manhattan’s Central Business District, designed for flexible business or personal use
- Includes a 1,375 +/- SF heated metal shop with 18 ft high ceilings and epoxy clear‑coat finished floors
- Includes a 175 +/- SF office space with a private bathroom
- Newly paved parking lot with ample parking for daily operations
- Conveniently located within 1 mile of I‑90
- Subject to final plat approval; estimated completion for closing in summer 2026
Overview
The property is located at 5-14 Culver Pl in Manhattan, MT, within about 1 mile of I-90, supporting convenient regional access. Construction is subject to final plat approval, with estimated completion for closing in summer 2026. The site also features a newly paved parking lot with ample parking for customers, employees, and daily service needs.
This configuration can fit buyers looking for a combined shop-and-office space in a commercial condo format. The presence of a heated shop, clear-finished floors, and an in-unit office with a private bathroom provides a workable setup for operations that benefit from both light workspace and dedicated administration. Ample on-site parking further supports routine visits and deliveries, aligning with practical tenant or owner-operator requirements.
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 | $31.5k | $21.00 |
| − Vacancy | −$2.1k | −$1.39 |
| EGI | $29.4k | $19.61 |
| − OpEx | −$7.4k | −$4.90 |
| NOI | $22.1k | $14.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manhattan
- County
- Gallatin
- State
- Montana
- Longitude
- -111.328828
- Latitude
- 45.850612
