Listing Agency: PureWest Real Estate Bozeman Show Phone

Listed By: Brad Ehrnman · License #RBS-46272 Show Phone

Source: Montanarootsrealty

Added: Aug 21 Changed: Oct 9 Last Checked: Oct 23 at 6:54AM

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Investment Insights

Based on property information with market context.

Suite 2C occupies approximately 2,700 square feet on the second floor of the Nash Finch Building at 612 East Main Street. The space has been remodeled with maple flooring, exposed brick, and plentiful natural light, creating a contemporary interior within a historically designed building. B-3 zoning allows for multiple potential use options, including office and retail applications.

Parking access includes private designated stalls, nearby spaces at the Bozeman Public Library parking facility, and on-street availability. The downtown setting places the suite near Main Street shopping and restaurants, with Lindley and Peet's Hill parks also nearby. The combination of updated finishes, flexible zoning, and several parking resources supports a range of commercial configurations.

Key Highlights

• Approximately 2,700 square feet of remodeled second‑floor office space
• Maple flooring, exposed brick walls, and abundant natural light
• B‑3 zoning with multiple potential use options

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$31,639

Suggested Prices Based on Cap Rates

Cap Rate 5%

$632,780 $632.8K

Cap Rate 7%

$451,986 $452.0K

Cap Rate 9%

$351,544 $351.5K

What to ask about pricing

Market Conditions

NOI Build-Up for 2,700 SF

Gross rent

$48.6K $18.00/SF

− Vacancy

−$3.4K −$1.26/SF

EGI

$45.2K $16.74/SF

− OpEx

−$13.6K −$5.02/SF

NOI

$31.6K $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%

$632,780

Cap Rate 7%

$451,986

Cap Rate 9%

$351,544

Alternative Uses

Best Use

Office B

$567.4K

$496.5K – $662.0K (±1% cap)

NOI $39,718 @ 7.0% cap · market cap 467.27%

Second Best

Retail

$452.0K

$395.5K – $527.3K (±1% cap)

NOI $31,639 @ 7.0% cap · market cap 372.22%

Theoretical Best

Office A

$705.0K

$616.9K – $822.5K (±1% cap)

NOI $49,352 @ 7.0% cap · market cap 580.61%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

One Step Up High School Simms | The River's Edge ... (Bike/Boat/Book/etc) Store Child Development Center Daycare Center Shannon E. Mccarthy, ... Physician Halcyon House Community Center

Suggested Use

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

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

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,844

Businesses Nearby

Explore this area 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

Market

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

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Frequently Asked Questions

What type of property is this?

Office unit - B-3 zoning and multiple parking options support a flexible downtown business setting.

Where is this office unit located?

The property is located at 612 East Main Street Suite 2C Bozeman, MT.

What are key features of this property?

This property features: Approximately 2,700 square feet of remodeled second‑floor office space; Maple flooring, exposed brick walls, and abundant natural light; B‑3 zoning with multiple potential use options