103 Grand AveBozeman, MT 59715

Property Details for 103 Grand Ave

Year built

1930

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

3,196 SF

Zone code

6

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

06-0799-07-2-15-10-0000

APU

6079907215100000

Description

This exceptional mixed-use property at 103 N Grand Ave, Bozeman, MT 59715, presents a compelling investment opportunity in the heart of Historic Downtown Bozeman. Located just one block from Main Street, this 4,270 square foot building boasts a prime location within the rapidly evolving western edge of the downtown core. The property features a unique blend of commercial and residential space, currently configured with three multifamily rental units and one commercial unit, historically used as a jewelry store. The main-level commercial/retail space is adjacent to a semi-detached apartment, with two additional apartments situated on the upper level. The building sits on a 5,460 square foot lot and includes four parking spaces. The seller has previously secured five "ghost" parking spots from the City of Bozeman

• CAP approach

  CAP return

  Valuation

  6%

  $571,558

  6.5%

  $527,592

  7%

  $489,907

• Comparable approach

  Method

  Valuation

  Relative Method

  $681,419

  Geo Method

  $681,419

• Alternative Use

  Use

  Valuation

  Residential

  $654,214

  Hospitality

  $599,256

  Educational

  $498,574

  Medical

  $515,721

  Retail

  $775,560

Location Insight

City

Bozeman

County

Gallatin

State

Montana

Latitude

45.6804

Longitude

-111.04

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].