Manhattan, MT 406.284.6546

27 Progressive Drive

Belgrade, MT

2,700

Sq.ft

Information

MLS NUMBER

392788

LISTING DATE:

170 Days Ago

LOT SIZE

3 Acres

AREA:

Belgrade

PRICE

$1,500,000

GARAGE

SUBDIVISION:

N/A

LEVEL / STORIES:

N/A

TYPE

N/A

STATUS:

Contingent

YEAR BUILT:

2017

Description

Located in Belgrade near the Yellowstone Bozeman International Airport, this three-acre commercial property features a 1,500 SF steel warehouse with an integrated second-level 1 bedroom/1 bathroom apartment. The warehouse is 50' x 30' with an 18' clear span ceiling and includes an office, bathroom, and mechanical room on the ground level. The property is serviced by three-phase power, natural gas, propane, a private well, an on-site septic system, and two water hydrants. Additionally, there is a separate 1 bedroom/1 bathroom tiny house with a proven rental record. The fully enclosed barnwood fence provides privacy and security. With approximately 10% of the property improved, the significant amount of surplus land with utility services in place makes this property ideal for an owner-user, a tenant needing ample secure yard space, or a developer interested in additional buildings, such as an office/warehouse flex development. Its proximity to I-90, the City of Belgrade, and Bozeman Yellowstone International Airport makes this property a great fit for many commercial uses. Listing Price based on 7% Cap Rate for warehouse/apartment/tiny house and $7.35 p/SF for the surplus land.

Listing courtesy of: Starner Commercial Real Estate

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