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Suite 2 Ground-Floor Retail Space

507 Main, Bozeman, MT 59715

For Sale
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Ground-floor suite in a new Hampton Inn and Suites, delivered shell condition with sidewalk entry and B2M zoning.

Property Size900 SF
Price / SF$0.06
Days on Market104

Property Features for 507 Main

General Information

Standard status Active
Size 900 SF
Property subtype Commercial
Zoning B2M

Space & Availability

Floor Ground
Furnished No
Listing Agency: Starner Commercial Real Estate
Listed By: Tom Starner · License MT RRE-BRO-LIC-12265
Source: Clearwaterproperties
Added: Jul 29 Changed: Nov 8 Last Checked: Nov 8 at 5:20AM

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.

Retail/office/restaurant space is available in a new Hampton Inn and Suites on the corner of Main and 5th. The hotel is slated to open in September 2026 and will feature several retail/office suites on the ground floor with sidewalk entry.

Suite 2 is located on the south side of the building and fronts Main Street, offering a direct street-facing opportunity. The space will be delivered in shell condition, providing a blank canvas for a range of restaurant, retail, office, and other uses.

The suite is offered within B2M zoning, and it may be combined with other suites for larger configurations, depending on tenant needs.

Key Highlights

  • Hotel slated to open in September 2026 with ground‑floor retail/office suites
  • Suite 2 on the south side fronts Main Street
  • Sidewalk entry on the ground floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,546
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,920 $210.9K
Cap Rate 7%
$150,657 $150.7K
Cap Rate 9%
$117,178 $117.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$16.2K $18.00/SF
− Vacancy
−$1.1K −$1.26/SF
EGI
$15.1K $16.74/SF
− OpEx
−$4.5K −$5.02/SF
NOI
$10.5K $11.72/SF
Area
Gallatin County, MT
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,920
Cap Rate 7%
$150,657
Cap Rate 9%
$117,178

Alternative Uses

Best Use
Office B
$189.1K
$165.5K – $220.7K (±1% cap)
NOI $13,239 @ 7.0% cap
Second Best
Specialty Retail
$180.5K
$157.9K – $210.6K (±1% cap)
NOI $12,634 @ 7.0% cap
Theoretical Best
Office A
$235.0K
$205.6K – $274.2K (±1% cap)
NOI $16,451 @ 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

Retail space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Storage Facility Home Appliance Store

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

1,844
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 Retail space in Bozeman, MT

$423 Jul
$484 Aug
$373 Sep
$429 Oct

Properties on Market for Retail space 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?
Retail space - Ground-floor suite in a new Hampton Inn and Suites, delivered shell condition with sidewalk entry and B2M zoning.
Where is this retail space located?
The property is located at 507 Main Bozeman, MT.
What are key features of this property?
This property features: Hotel slated to open in September 2026 with ground‑floor retail/office suites; Suite 2 on the south side fronts Main Street; Sidewalk entry on the ground floor
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Includes: Price & PSF · Cap rate · Location · Zoning

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