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    OFF-MARKET
    Retail space

    505 Main St, Belgrade, MT 59714-3843

    1,536 SF 1.23 ac lot Built 1998
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US52-0153189
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 505 E Main Street Unit B in Belgrade, Montana, presents a unique investment opportunity. Situated on a sizable 1.23-acre lot in the heart of downtown Belgrade, this property offers over 1,536 square feet of versatile space, perfectly suited for a variety of commercial uses. The existing building features a welcoming entry office, providing a professional first impression for clients and customers. Multiple storage rooms offer ample space for inventory, equipment, or archives, catering to diverse business needs. Two conveniently located bathrooms enhance the functionality and comfort of the space. A notable feature is the inclusion of a one-car detail center, adding a specialized element to the property's potential uses. The property's prime location offers unparalleled convenience and visibility, being just a short walk from the vibrant downtown area and minutes away from the Bozeman Yellowstone International Airport, ensuring easy access for both local clientele and those traveling from further afield. This strategic location provides exceptional exposure and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The expansive 1.23-acre lot presents significant potential for future development or business expansion, allowing for growth and adaptation to evolving business needs. With its blend of existing infrastructure and substantial land, this property offers unmatched value and potential in a thriving Montana community. The asking price is $1,590,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1998
    Construction WOOD
    Total area 1,536 SF
    Lot 1.23 ac (53,492 SF)
    APN 06-0903-12-1-01-08-0000
    UPID US52-0153189
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Rider Motors Inc. Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rider Properties LLC · 4 yrs held
    Rider Properties LLC
    since 2022
    3 recorded transactions
    2022
    2021
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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