Office Condo with Private
For Sale
$425,000
626 S Ferguson, Bozeman, MT 59718
CommercialSale, Bozeman, MT
Property Size1,249 SF
Price / SF$340.27
Days on Market188
Property Features for 626 S Ferguson
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Directions
Ferguson to Pinewood Professional Center. First left. Unit is next to chiropractic office.
Subdivision
1NW - Boz N of Main/W of 19th
Standard status
Active
APN
RGG46085
Size
1,249 SF
Additional Details
Tenant in Place
Yes
Property Use
Office
Condition
Turnkey
Taxes and HOA fees
Tax Year
2025
Tax Description
PINEWOOD PROF CENTER CONDO, S10, T02 S, R05 E, UNIT 27
Tax Annual Amount
3029
HOA Fee
$254 Monthly
Legal Description
PINEWOOD PROF CENTER CONDO, S10, T02 S, R05 E, UNIT 27
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
break room
Building Details
Year built
2001
Listing Agency:
Hart Real Estate
(406) 585-0000
Listed By:
Lori Hart · License #BRO-62814
(406) 599-6961
Added: Apr 27
Changed: Oct 26
Last Checked: Oct 31 at 3:06AM
MLS# 410601
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,249-square-foot office condominium, built in 2001, combines three private offices with a reception area, break room, and two bathrooms. Interior updates include newer paint, carpeting, and a water heater. Forced-air heating and central air provide building systems suited to professional office use.
Two counseling-business tenants are in place under NNN leases, creating an occupied configuration for an owner or investor. The property includes signage visibility on Ferguson Ave and on-site parking, with public water and public sewer serving the building.
Two counseling-business tenants are in place under NNN leases, creating an occupied configuration for an owner or investor. The property includes signage visibility on Ferguson Ave and on-site parking, with public water and public sewer serving the building.
Key Highlights
- 1,249‑square‑foot office condominium built in 2001
- Three private offices, reception area, break room, and two bathrooms
- Two counseling‑business tenants occupy the property under NNN leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,373
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,460
$367.5K
Cap Rate 7%
$262,471
$262.5K
Cap Rate 9%
$204,144
$204.1K
Market Conditions
NOI Build-Up for 1,249 SF
Gross rent
$26.2K $21.00/SF
− Vacancy
−$1.7K −$1.39/SF
EGI
$24.5K $19.61/SF
− OpEx
−$6.1K −$4.90/SF
NOI
$18.4K $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%
$367,460
Cap Rate 7%
$262,471
Cap Rate 9%
$204,144
Alternative Uses
Best Use
Office B
$262.5K
$229.7K – $306.2K
NOI $18,373 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.1K
$285.4K – $380.5K
NOI $22,830 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
Explore this area
Business Placement
Demographics for 59718, MT
43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office condominium with existing NNN leases, reception space, and refreshed interior finishes.
Where is this office unit located?
The property is located at 626 S Ferguson Bozeman, MT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,249‑square‑foot office condominium built in 2001; Three private offices, reception area, break room, and two bathrooms; Two counseling‑business tenants occupy the property under NNN leases
