MLS NUMBER
388936
LISTING DATE:
319 Days Ago
LOT SIZE
0 Acres
AREA:
Bozeman City Limits
PRICE
$3,100,000
GARAGE
SUBDIVISION:
Black Addition
LEVEL / STORIES:
N/A
TYPE
N/A
STATUS:
Active
YEAR BUILT:
1925
Are you an investor looking for a premier multi-family portfolio in Downtown Bozeman? Are you interested in developing two of the last conjoined, undeveloped B-3 (highest zoning designation) parcels in the city limits just blocks from Main Street? If the answer to any of those two questions is 'yes', then look no further than 210 & 214 S Black Avenue. These two four-plexes, adjacent to the Residential and Commercial 'Black & Olive' building offer short and long term income potential as well as a significant re-development opportunity. Sitting on 13,000sf+ of Central Business District Zoning (B-3), there is opportunity for countless ground-up projects here, from boutique hotel to large-scale high-end luxury development. Just a two minute walk from historic Main Street on Bozeman's Southside, the Black Avenue portfolio represents an opportunity for the savvy investor that doesn't come around that often -- if ever. Both properties have recently been updated and most units are offered fully furnished with high-end finishes and currently function as turn-key rentals. The B-3 zoning designation allows for residential and commercial development and the highest density development opportunities -- and it's extremely rare to find two properties of this income-generating and long-term investment magnitude side-by-side.
Listing courtesy of: The Agency Bozeman
(Data provided by Gallatin-BigSky-BSC data)