Office Building with Private
New
For Sale
Contact for pricing
529 Main, Bozeman, MT 59715
Finished workspace combines private offices, flexible open areas, and lower-level meeting and support space.
Property Size8,100 SF
Price / SF$0.00
Days on Market2
Property Features for 529 Main
General Information
Standard status
Active
Size
8,100 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Property Use
Office
Amenities
lobby
kitchenette
breakroom
conference room
Garage: Common,Paved
Common,Paved
Listing Agency:
Starner Commercial Real Estate
Listed By:
Tom Starner · License #BRO-12265
(406) 539-0717
Source:
Clearwaterproperties
Added: Oct 23
Last Checked: Oct 23 at 5:42PM
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
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Investment Insights
Based on property information with market context.
This 8,100-square-foot office building offers 18 private offices, a lobby suited to reception and waiting, and open floor area for cubicles or shared workstations. The lower level includes a kitchenette, breakroom, conference room, and storage, with additional room that could be configured as office space. The building also has more than 20 private parking spaces.
At the east edge of downtown Bozeman on East Main, the property is within walking distance of downtown. The existing layout includes both enclosed offices and open work areas, with lower-level space that may be adapted for retail use.
At the east edge of downtown Bozeman on East Main, the property is within walking distance of downtown. The existing layout includes both enclosed offices and open work areas, with lower-level space that may be adapted for retail use.
Key Highlights
- 8,100‑square‑foot office building
- 18 private offices, with potential for additional offices on the lower level
- More than 20 private parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,155
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,383,100
$2.4M
Cap Rate 7%
$1,702,214
$1.7M
Cap Rate 9%
$1,323,944
$1.3M
Market Conditions
NOI Build-Up for 8,100 SF
Gross rent
$170.1K $21.00/SF
− Vacancy
−$11.2K −$1.39/SF
EGI
$158.9K $19.61/SF
− OpEx
−$39.7K −$4.90/SF
NOI
$119.2K $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%
$2,383,100
Cap Rate 7%
$1,702,214
Cap Rate 9%
$1,323,944
Alternative Uses
Best Use
Office B
$1.70M
$1.49M – $1.99M
NOI $119,155 @ 7.0% cap · market cap 476,620.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,055 @ 7.0% cap · market cap 592,220.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,895
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Finished workspace combines private offices, flexible open areas, and lower-level meeting and support space.
Where is this office building located?
The property is located at 529 Main Bozeman, MT.
What are key features of this property?
This property features: 8,100‑square‑foot office building; 18 private offices, with potential for additional offices on the lower level; More than 20 private parking spaces
