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    214 Main St Manhattan, MT 59741

    For Sale
    $895,000

    Downtown Manhattan development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.67-acre commercial land parcel, located at 214 W Main Street in Manhattan, Montana (zip code 59741), presents a unique investment opportunity for developers, builders, and investors. Situated in the heart of downtown Manhattan's Central Business District (CBD), this property is zoned for a variety of uses. The lot comprises nine individual 130' x 25' lots, offering significant flexibility for development. Permitted uses under the CBD zoning include, but are not limited to, commercial, mixed-use, live/work, residential, and retail projects. Manhattan, a rapidly growing town just 15 minutes from Bozeman, experiences a high demand for commercial services and residential units. This prime location offers the potential for a multi-floor vertical development, catering to the town's evolving needs. The asking price for this exceptional property is $895,000. Contact for zoning details.

    Property Features for 214 Main St

    General Information

    Property type
    Land
    Lot Size
    29,185 SF

    HighLights

    • Downtown Manhattan CBD vacant land, nine 130' x 25' lots.
    • Zoned for diverse uses including commercial, mixed‑use, residential, and retail development.
    • Excellent opportunity for multi‑story development in a growing market.
    • Prime location near Bozeman, offering strong potential for future commercial and residential demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    Gallatin
    State
    Montana
    Longitude
    -111.3350244
    Latitude
    45.8572045

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    FAQs

    What type of property is this?
    Land - Downtown Manhattan development opportunity.
    Where is this land located?
    The property is located at 214 Main St Manhattan, MT.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Downtown Manhattan CBD vacant land, nine 130' x 25' lots.; Zoned for diverse uses including commercial, mixed-use, residential, and retail development.; Excellent opportunity for multi-story development in a growing market.
    (406) 587-1717
    Request Owner's contact information
    214 Main St Manhattan, MT 59741
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    Manhattan, MT 59741
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    214 Main St Manhattan, MT 59741
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