431 7Th AveBozeman, MT 59715

  • Retail properties
  • 14,400 SF
For Lease
$409.08/SF/YR View listing

Property Details for 431 7Th Ave

Year built
1961
Construction
WOOD
Lot size
1.16 AC
Property size (Sq ft)
14,400 SF
Zone code
6
Property type
Retail properties
Property subtype
Other individual retail properties
APN
06-0798-12-1-38-39-0000
APU
6079812138390000

Description

This exceptional 616-square-foot medical office space is available for lease in Bozeman, Montana. Located within the Access Fitness building at 431 N 7th Ave, this single-tenant unit offers high visibility and convenient access. The space boasts an open floor plan, perfect for a variety of medical or wellness-related businesses. A dedicated bathroom is included. The building, constructed in 1961, is situated on North 7th Avenue near the intersection of N 7th and W Short St, benefiting from significant pedestrian traffic and proximity to the fitness center's clientele. The property's B2M zoning allows for a range of uses, making it ideal for businesses such as yoga studios, physical or occupational therapy practices, personal training studios, acupuncture clinics, or other complementary health services. The total building size is 14,400 square feet, with this unit representing a portion of the available space. The property's location in the N 7th submarket cluster of Bozeman (zip code 59715) provides excellent access and visibility. This is a fantastic opportunity for a business seeking a vibrant and convenient location to thrive. The APN is 000RGG4744.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,785,588
    6.5%
    $3,494,389
    7%
    $3,244,790
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,736,964
    Geo Method
    $7,736,964
  • Alternative Use

    Use
    Valuation
    Residential
    $2,947,648
    Hospitality
    $2,700,029
    Educational
    $2,246,393
    Medical
    $2,323,650
    Retail
    $3,494,389
431 7Th Ave, Bozeman, Montana

Location Insight

City
Bozeman
County
Gallatin
State
Montana
Latitude
45.6844
Longitude
-111.047
CBSA code
14580
CBSA name
BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,556
-
-
$2,284,900
-
$1,143,656
$1,141,244
$2,284,900

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