Office Complex with
701 Gold Avenue Bozeman, MT 59715
For Sale
$25,000,000
Office complex with connected buildings, individual climate controls, and a warehouse on site with additional north pad development.
Property Size64,052 SF
Price / SF$390.31
Days on Market451
Property Features for 701 Gold Avenue
General Information
- Standard status
- Active
- Size
- 64,052 SF
- Property subtype
- Commercial
Listing Agency:
Tamara Williams and Company
(952) 567-1263
Listed By:
Chris Eastlund
(952) 567-1263
Source:
Outlaw
Added: May 1, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:30AM
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 Tamara Williams and Company
Investment Insights
Based on property information with market context.
This office complex includes an original building built in 1990, with an approximately 26,000 SF footprint, plus a 2015 addition of approximately 38,000 SF. The buildings are connected by an annex at the first and second floors. Each office space has individual climate controls, and there is also an on-site 2,500 SF warehouse.
The property includes an additional pad site to the north of the existing building, allowing for further development. While the setting is tucked away in the trees, it is described as close to the Cannery District, downtown, Interstate 90, and nearby walking trails at the edge of the lot. Views of open space and the Bridger Mountains are noted, along with Bozeman Creek running along the west border of the lot and access to Story Mill Community Park/Trail.
With multiple office configuration options and an on-site warehouse, the complex supports end-user ownership, investment use with lease income, or a combination of both.
The property includes an additional pad site to the north of the existing building, allowing for further development. While the setting is tucked away in the trees, it is described as close to the Cannery District, downtown, Interstate 90, and nearby walking trails at the edge of the lot. Views of open space and the Bridger Mountains are noted, along with Bozeman Creek running along the west border of the lot and access to Story Mill Community Park/Trail.
With multiple office configuration options and an on-site warehouse, the complex supports end-user ownership, investment use with lease income, or a combination of both.
Key Highlights
- Connected office complex with approximately 26,000 SF (1990) plus approximately 38,000 SF addition (2015).
- Each office has individual climate controls.
- On‑site 2,500 SF warehouse.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.35M | $21.00 |
| − Vacancy | −$88.8k | −$1.39 |
| EGI | $1.26M | $19.61 |
| − OpEx | −$314.1k | −$4.90 |
| NOI | $942.2k | $14.71 |
64,052 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$13.46M
$11.78M – $15.70M
NOI $942,237 @ 7.0% cap · market cap 3.77%
Second Best
Warehouse
$11.54M
$10.10M – $13.46M
NOI $807,680 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$16.73M
$14.63M – $19.51M
NOI $1,170,768 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Barnard Construction Co. ...
Construction Company
Wise River Realty, ...
Construction Company
Bfbc Llc
General Contractor
FAQs
What type of property is this?
Office building - Office complex with connected buildings, individual climate controls, and a warehouse on site with additional north pad development.
Where is this office building located?
The property is located at 701 Gold Avenue Bozeman, MT.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: Connected office complex with approximately 26,000 SF (1990) plus approximately 38,000 SF addition (2015).; Each office has individual climate controls.; On‑site 2,500 SF warehouse.
