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    5 Mendenhall St Bozeman, MT 59715

    Sponsored
    For Lease
    $75 SF/Yr

    Downtown Bozeman flexible workspace

    Lot size:
    37,649 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Class A, 37,649 square foot office building in downtown Bozeman offers a variety of flexible workspace solutions. Located at the corner of Tracy and Mendenhall, this vibrant mixed-use development provides easy access to over 40 restaurants, residential living, and nearby trails and parks. The building features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet of space is vacant. The building underwent renovations in 2019 and includes elevators. Options include private furnished offices (scalable from one to over 100 desks), coworking spaces, meeting rooms equipped with the latest technology, and virtual office solutions with mail handling and call answering services. The building's design fosters collaboration and networking, making it an ideal location for businesses of all sizes seeking a prime downtown Bozeman address. The building is situated in a lively area with numerous amenities, offering a convenient and engaging work environment. This location provides a blend of professional workspace and convenient access to outdoor recreation. The building offers a variety of membership options to suit diverse work styles and needs. This is a unique opportunity to establish your business in a thriving downtown Bozeman location.

    Property Features for 5 Mendenhall St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,649 SF
    Class
    A
    Total Rate
    235306.25

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Virtual office
    Size
    54 SF
    Rate per SF
    $75
    Space
    Flexible coworking membership
    Size
    108 SF
    Rate per SF
    $93
    Space
    Flexible office membership
    Size
    108 SF
    Rate per SF
    $207
    Space
    Coworking space
    Size
    328 SF
    Rate per SF
    $358
    Space
    Private office for 1 person
    Size
    538 SF
    Rate per SF
    $783
    Space
    Private office for 2 people
    Size
    538 SF
    Rate per SF
    $1,076
    Space
    Private office for 3 people
    Size
    646 SF
    Rate per SF
    $1,538
    Space
    Private office for 4 people
    Size
    646 SF
    Rate per SF
    $1,567
    Space
    Private office for 5 people
    Size
    807 SF
    Rate per SF
    $2,341
    Space
    Open plan office space for + 10 people
    Size
    1,184 SF
    Space
    Open plan office space for + 15 people
    Size
    1,292 SF

    HighLights

    • Class A office building totaling 37,649 square feet in downtown Bozeman, Montana.
    • Building offers flexible workspace solutions including private offices (1‑100+ desks), coworking, meeting rooms, and virtual offices.
    • Located at the corner of Tracy and Mendenhall, in a vibrant mixed‑use development with numerous restaurants and residential units.
    • Offers convenient access to nearby trails and parks.
    • Features a bright, collaborative workspace ideal for professional networking and client meetings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Johnson + Associates Architects, ... Architect Collaborative Mental Health Mental Health Service Jay S. Oddy ... Real Estate Agent 5 West Condominium Complex Montana Elder Law ... Estate Planning Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bozeman
    County
    ‎Gallatin
    State
    Montana
    Longitude
    -111.0376843
    Latitude
    45.6805167

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    FAQs

    What type of property is this?
    Office space - Downtown Bozeman flexible workspace
    Where is this office space located?
    The property is located at 5 Mendenhall St Bozeman, MT.
    What is the lease rate?
    The lease rate is $0.00-$2,341 SF/Yr.
    What are key features of this property?
    This property features: Class A office building totaling 37,649 square feet in downtown Bozeman, Montana.; Building offers flexible workspace solutions including private offices (1-100+ desks), coworking, meeting rooms, and virtual offices.; Located at the corner of Tracy and Mendenhall, in a vibrant mixed-use development with numerous restaurants and residential units.
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    5 Mendenhall St Bozeman, MT 59715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Mendenhall St Bozeman, MT 59715
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