Sq.ft
MLS NUMBER
392788
LISTING DATE:
201 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
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
(Data provided by Gallatin-BigSky-BSC data)