Property profile

302 7th Ave Bozeman, MT 59715

OFF-MARKET
Turn key restaurants
Property ID
US52-0843613
4,500 SF 0.26 ac lot Built 1970
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 4,500-square-foot restaurant space is ideally situated on North 7th Avenue, boasting high visibility and a prominent location in Bozeman. Currently vacant, this single-tenant property sits on an 11,500-square-foot lot and is zoned B2M. The space offers a large dining room perfect for accommodating numerous guests, complemented by a private dining room for more intimate gatherings and a welcoming reception area. The expansive, well-equipped kitchen is a chef's dream, featuring ample storage and prep space to handle high-volume service. The building's character is enhanced by exposed brick and hardwood details, creating a unique and inviting atmosphere. This restaurant space presents a remarkable opportunity to collaborate with the adjacent Sapphire Motel, a newly renovated 47-room motor lodge with a rich history in Bozeman. The collaboration potential offers significant synergy and access to a built-in customer base. Select furniture, fixtures, and equipment (FF&E) are included in the lease terms. A breakfast service is a requirement for any tenant. Tenant improvements (TIs) are negotiable for qualified candidates. This is a rare chance to establish a thriving restaurant business in a highly desirable location with a strong existing infrastructure.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction WOOD
Total area 4,500 SF
Lot 0.26 ac (11,500 SF)
Zoning code B-2
APN 06-0798-12-1-33-08-0000
UPID US52-0843613

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Food Bank Charitable Organization

Location

302 7th Ave Bozeman, MT 59715-3308
Bozeman metro Census 701 BOZEMAN, MT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$710k

Owner & transaction history

Zoning & alternative use

B-2 · Bozeman, MT
Zoning description

This district is intended to accommodate a wide variety of office, personal service, restaurant, retail, employment and residential uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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