Two-Level Office
5-2405 W Main Street Bozeman, MT 59718
5-2405 W Main Street, Bozeman, MT, 59718
$699,000
For Sale
$699,000
Two-level commercial condo features main-level offices and a versatile upstairs space with a bathroom on the main level.
Property Size2,009 SF
Price / SF$347.93
Days on Market8
Property Features for 5-2405 W Main Street
General Information
- Standard status
- Active
- Size
- 2,009 SF
Listing agency
McCaw, DeVries, Steinhauer & Co.
(406) 581-3267
Listed by
Taylor DeVries
(406) 581-3267
Source
Exprealty
Added: Jul 14 Updated: Jul 21 at 4:03AM Checked: Jul 21 at 4:03AM
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 McCaw, DeVries, Steinhauer & Co.
Investment Insights
Based on property information with market context.
This +/- 2,009 sq. ft. commercial condo in Oakwood Square offers two distinct levels for office use. The upstairs area is versatile, with measurements approximately 18 x 29 ft (to be verified by the buyer), and is suitable for creating up to three office areas depending on how it is configured. The main level provides 1,487 sq. ft. of functional space, including 1 bathroom, an office space, and a back area that can serve as an office, conference area, or storage.
The property is located right off W Main Street, offering direct access for client-facing or operational use.
If desired, the exercise equipment shown with the property may be purchased separately through a Bill of Sale.
The property is located right off W Main Street, offering direct access for client-facing or operational use.
If desired, the exercise equipment shown with the property may be purchased separately through a Bill of Sale.
Key Highlights
- About 2,009 SF two‑level commercial condo in Oakwood Square
- Main level offers 1,487 SF with 1 bathroom plus office and a flexible back area
- Upstairs space is approximately 18x29 ft (to be verified by buyer), suited for up to 3 office areas
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 | $42.2k | $21.00 |
| − Vacancy | −$2.8k | −$1.39 |
| EGI | $39.4k | $19.61 |
| − OpEx | −$9.9k | −$4.90 |
| NOI | $29.6k | $14.71 |
2,009 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$422.2K
$369.4K – $492.6K
NOI $29,553 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.6K
$459.0K – $612.0K
NOI $36,721 @ 7.0% cap · market cap 5.25%
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 - Two-level commercial condo features main-level offices and a versatile upstairs space with a bathroom on the main level.
Where is this office units located?
The property is located at 5-2405 W Main Street Bozeman, MT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: About 2,009 SF two‑level commercial condo in Oakwood Square; Main level offers 1,487 SF with 1 bathroom plus office and a flexible back area; Upstairs space is approximately 18x29 ft (to be verified by buyer), suited for up to 3 office areas
