Office Unit with Private
For Sale
$425,000
626 S Ferguson Unit 4, Bozeman, MT 59718
Refreshed professional workspace with reception, break room, signage exposure, and parking.
Property Size1,249 SF
Price / SF$340.27
Days on Market180
Property Features for 626 S Ferguson Unit 4
General Information
Standard status
Active
Size
1,249 SF
Property subtype
Commercial
Additional Details
Office Units
1
Building Details
Year Built
2001
Tenancy
Multi
Listing Agency:
Hart Real Estate
Listed By:
Lori Hart · License #BRO-62814
(406) 599-6961
Source:
Bozemanbigskyproperties
Added: Apr 19
Changed: Oct 1
Last Checked: Oct 14 at 11:48PM
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 Hart Real Estate
Investment Insights
Based on property information with market context.
This 1,249 SF office condo at 626 S Ferguson Unit 4 provides a practical professional layout with three private offices, a reception area, and a break room. The space has been updated with newer paint, carpeting, and a water heater, supporting continued office use without changing its established configuration. Built in 2001, the unit also benefits from signage visibility on Ferguson Ave and on-site parking.
Two tenants operating counseling businesses occupy the property under NNN leases. The layout also accommodates an owner/user requiring office space alongside existing tenancy. Its position provides access to other services and arterial routes, as identified in the property information.
Two tenants operating counseling businesses occupy the property under NNN leases. The layout also accommodates an owner/user requiring office space alongside existing tenancy. Its position provides access to other services and arterial routes, as identified in the property information.
Key Highlights
- 1,249 SF office condo with three private offices
- Two counseling‑business tenants in place under NNN leases
- Reception area and functional break room
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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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
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Frequently Asked Questions
What type of property is this?
Office units - Refreshed professional workspace with reception, break room, signage exposure, and parking.
Where is this office units located?
The property is located at 626 S Ferguson Unit 4 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 SF office condo with three private offices; Two counseling‑business tenants in place under NNN leases; Reception area and functional break room
