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    200 23Rd Ave Bozeman, MT 59718

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Bozeman location, two spaces available.

    Lot size:
    4,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    University Square Shopping Center offers exceptional retail opportunities in the heart of Bozeman, Montana. This Class B property, situated at 200 South 23rd Avenue, zip code 59718, is a grocery-anchored shopping center boasting strong traffic counts and high visibility. The center is located within Gallatin County, offering excellent exposure along a major retail corridor. Two retail spaces are currently available, ranging in size from 1,200 square feet to 3,200 square feet, providing flexibility for various business needs. The property sits on a half-acre lot (0.5 acres). The property type is retail and land, with a subtype of commercial, shop space, and pad. Multiple tenancies are available. The building itself has no square footage listed. This prime location presents a unique chance to establish or expand a business in a thriving Montana market. The property's strategic placement ensures high foot traffic and excellent brand visibility. Contact us today to learn more about this exciting opportunity.

    Property Features for 200 23Rd Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,400 SF
    Class
    B

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    3,200 SF
    Rate per SF
    $26
    Space
    Available Space 7A
    Size
    1,200 SF
    Rate per SF
    $23

    HighLights

    • Grocery‑anchored shopping center in Bozeman, MT.
    • Prime location in Bozeman's retail corridor.
    • High visibility and strong traffic counts.
    • Lease rates: $20-$23 per square foot (PSF).
    • $4.49 PSF NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Once Upon A Child ... Children'S Clothing Store Staples Office Supply Store Albertsons Bakery Estec Engineering Inc Engineer University Square Shopping ... Shopping Mall

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bozeman
    County
    Gallatin
    State
    Montana
    Longitude
    -111.0664662
    Latitude
    45.6767094

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    FAQs

    What type of property is this?
    Individual retail property - Prime Bozeman location, two spaces available.
    Where is this individual retail property located?
    The property is located at 200 23Rd Ave Bozeman, MT.
    What is the lease rate?
    The lease rate is $23-$26 SF/Yr.
    What are key features of this property?
    This property features: Grocery-anchored shopping center in Bozeman, MT.; Prime location in Bozeman's retail corridor.; High visibility and strong traffic counts.
    Request Owner's contact information
    200 23Rd Ave Bozeman, MT 59718
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    Bozeman, MT 59718
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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
    200 23Rd Ave Bozeman, MT 59718
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