806 7Th AveBozeman, MT 59715

Property Details for 806 7Th Ave

Year built

1969

Construction

WOOD

Lot size

0.48 AC

Property size (Sq ft)

5,143 SF

Zone code

5

Property type

Retail properties

Property subtype

Turn key restaurants

APN

06-0798-01-3-02-16-0000

APU

6079801302160000

Description

This exceptional commercial property, located at 806 N 7th Avenue in Bozeman, Montana's vibrant Midtown District, presents a unique investment opportunity. The recently renovated 5,143 square foot building currently operates as a restaurant and brewery, complete with an attached apartment ideal for employee housing. The versatile B-2M zoning allows for a wide range of future uses, and the 0.48-acre lot offers potential for expansion. Situated on a highly trafficked corner, the property boasts excellent visibility at the intersection of Aspen and N. 7th Avenue, enjoying close proximity to downtown Bozeman, Montana State University, the fairgrounds, and Interstate 90. Ample on-site private parking, a rare find in Bozeman, is complemented by convenient off-site street parking. The sale includes the building only

• CAP approach

  CAP return

  Valuation

  6%

  $1,352,033

  6.5%

  $1,248,031

  7%

  $1,158,886

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,763,278

  Geo Method

  $2,763,278

• Alternative Use

  Use

  Valuation

  Residential

  $1,052,760

  Hospitality

  $964,323

  Educational

  $802,305

  Medical

  $829,898

  Retail

  $1,248,031

Location Insight

City

Bozeman

County

Gallatin

State

Montana

Latitude

45.6878

Longitude

-111.046

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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