Professional Office
For Sale
$2,542,000
Bozeman, MT 59715, Bozeman, MT 59715
CommercialSale, Bozeman, MT
Property Size7,263 SF
Price / SF$349.99
Days on Market10
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B1
Subdivision
1NE - Boz N of Main/E of 19th
Standard status
Active
Size
7,263 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17835
Building Details
Year built
1987
Listing Agency:
Starner Commercial Real Estate
(406) 586-0302
Listed By:
Sunny Odegard · License #BRO-63608
(406) 570-4931
Added: Oct 13
Changed: Oct 21
Last Checked: Oct 22 at 5:06AM
MLS# 415350
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 7,263-square-foot office building, constructed in 1987, pairs an open cubicle area with five private offices and a conference room. B-1 zoning and paved parking are also part of the property.
The Bozeman property is near the Law and Justice Center, with access to South 19th Avenue, Main Street, downtown Bozeman, and Montana State University. Nearby businesses and professional offices contribute to the area's established commercial setting.
The Bozeman property is near the Law and Justice Center, with access to South 19th Avenue, Main Street, downtown Bozeman, and Montana State University. Nearby businesses and professional offices contribute to the area's established commercial setting.
Key Highlights
- 7,263‑square‑foot office building built in 1987
- Open work area configured for cubicles
- Five private offices and a dedicated conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,842
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,840
$2.1M
Cap Rate 7%
$1,526,314
$1.5M
Cap Rate 9%
$1,187,133
$1.2M
Market Conditions
NOI Build-Up for 7,263 SF
Gross rent
$152.5K $21.00/SF
− Vacancy
−$10.1K −$1.39/SF
EGI
$142.5K $19.61/SF
− OpEx
−$35.6K −$4.90/SF
NOI
$106.8K $14.71/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,840
Cap Rate 7%
$1,526,314
Cap Rate 9%
$1,187,133
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.78M
NOI $106,842 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,756 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 59715, MT
37,286
Population
17,116
Households
2.2
Avg Household Size
30
Median Age
68%
College-Educated
98%
High-School Grad
294.9 sq mi
ZIP Area
126
Density / Sq Mi
$85,000
Median Household Income
$31,646
Median Earnings
$1,376
Median Rent
$755,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A flexible workplace combines shared cubicle space with private offices and a dedicated meeting room.
Where is this office building located?
The property is located at Bozeman, MT.
What is the asking price?
The asking price for this property is $2,542,000.
What are key features of this property?
This property features: 7,263‑square‑foot office building built in 1987; Open work area configured for cubicles; Five private offices and a dedicated conference room
