Commercial Condo with
A4-211 Jetway Dr Belgrade, MT 59714
A4-211 Jetway Dr, Belgrade, MT, 59714
$265,000
For Sale
$265,000
Condo features an upper-level office, a 39' x 14' shop, and an east-facing deck for mountain views.
Property Size1,600 SF
Price / SF$165.63
Days on Market28
Property Features for A4-211 Jetway Dr
General Information
- Standard status
- Active
- Size
- 1,600 SF
Listing agency
Bozeman Real Estate Group
(406) 580-1450
Listed by
Nancy Stevenson · License #RBS-14486
(406) 580-1450
Source
Exprealty
Added: Jun 25 Updated: Jul 21 at 9:28PM Checked: Jul 21 at 9:28PM
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 Bozeman Real Estate Group
Investment Insights
Based on property information with market context.
This commercial condo combines a functional workspace with practical storage and access. An upper-level office is designed to take advantage of natural light and mountain views, while a 39' x 14' shop provides flexible room for a range of commercial uses. An east-facing deck offers a spot to enjoy the scenery, and a 12' x 10" garage door supports straightforward entry for vehicles, trailers, campers, and work items.
Located at A4-211 Jetway Dr in Belgrade, MT, the property is described as being near the airport, offering convenient travel and proximity to area amenities while maintaining a quieter, view-oriented setting.
The overall configuration supports both office-oriented work and shop/storage functionality, making it well-suited to a versatile live-work style setup as described in the listing materials.
Located at A4-211 Jetway Dr in Belgrade, MT, the property is described as being near the airport, offering convenient travel and proximity to area amenities while maintaining a quieter, view-oriented setting.
The overall configuration supports both office-oriented work and shop/storage functionality, making it well-suited to a versatile live-work style setup as described in the listing materials.
Key Highlights
- Commercial condo with an upper‑level office space
- 39' x 14' shop suited for commercial uses
- East‑facing deck with Bridger Mountains views
Local 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 | $33.6k | $21.00 |
| − Vacancy | −$2.2k | −$1.39 |
| EGI | $31.4k | $19.61 |
| − OpEx | −$7.8k | −$4.90 |
| NOI | $23.5k | $14.71 |
1,600 SF · lease $21.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$336.2K
$294.2K – $392.3K
NOI $23,537 @ 7.0% cap · market cap 8.88%
Second Best
Mixed Use
$314.4K
$275.1K – $366.8K
NOI $22,008 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$417.8K
$365.6K – $487.4K
NOI $29,245 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Condo features an upper-level office, a 39' x 14' shop, and an east-facing deck for mountain views.
Where is this live-work space located?
The property is located at A4-211 Jetway Dr Belgrade, MT.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Commercial condo with an upper‑level office space; 39' x 14' shop suited for commercial uses; East‑facing deck with Bridger Mountains views
