421 Main StBozeman, MT 59715

Property Details for 421 Main St

Year built

1964

Construction

WOOD

Lot size

0.36 AC

Property size (Sq ft)

5,500 SF

Zone code

6

Property type

Retail properties

Property subtype

Turn key restaurants

APN

06-0798-12-1-13-20-0000

APU

6079812113200000

Description

This exceptional 1,175 square foot single-tenant office space is located at 421 W Main St, Bozeman, MT 59715. Situated within the six-story Freestone on Main mixed-use building, this property offers a vibrant location in the heart of Bozeman. The building itself boasts 121 apartments, creating a bustling and dynamic environment. This particular space is ideal for a variety of businesses, and is currently available for lease. The asking rent is $30 per square foot, triple net (NNN). The space is estimated to become available on January 1st, 2025. Tenant improvement (TI) allowances are available, contingent upon lease terms and financial qualifications. The property is classified as retail, office, and restaurant space, but this listing specifically focuses on the 1,175 square foot office area. This presents a unique opportunity to establish a presence in a thriving Montana community within a modern, well-appointed building. Inquire today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,445,884

  6.5%

  $1,334,662

  7%

  $1,239,329

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,955,090

  Geo Method

  $2,955,090

• Alternative Use

  Use

  Valuation

  Residential

  $1,125,838

  Hospitality

  $1,031,261

  Educational

  $857,997

  Medical

  $887,505

  Retail

  $1,334,662

Location Insight

City

Bozeman

County

Gallatin

State

Montana

Latitude

45.6797

Longitude

-111.044

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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