info@jhrealestate.com
406.932.5000

MLS® #: 384704

ResidentialIncome

Legacy property in the heart of downtown Bozeman boasting prime store front on the sunny side of Main Street. The building underwent a massive renovation in 2007 including rehabilitation of the exquisite exterior, updated electrical, plumbing, HVAC, addition of elevator shaft, and structural fortification for the future expansion of the second level and the addition of a third story. Currently building consists of: BASEMENT: includes two spaces built out for short term rentals; MAIN LEVEL: consists of expansive retail space and a third short term rental; 2ND LEVEL: houses a fourth short term rental and two spaces currently rented as office, but with the potential to be converted to short term rentals. With all long-term leases expiring summer of 2023 this investment opportunity has unlimited options for the buyer to occupy, change the use of any of the spaces, or lease the spaces at current market rents (agent has interested tenants). Owner believes the property has 36 allocated parking spaces (buyer to verify). This building presents a turn-key investment opportunity with the intrinsic value of potential additional space. Imagine the possibility of creating your own downtown penthouse apartment on Main Street with unobstructed north facing views of the Bridger Mountain Range. This property allows the new owner the opportunity to own one of the oldest buildings in the downtown area which is truly part of the fabric of Bozeman.

Features

Zip: 59715

SQFT: N/A

Property Type: ResidentialIncome

Lot Size: 0.1093

Levels: Two

Office Name: Starner Commercial Real Estate

Year Built: 1910

Subdivision: Tracys Additions

Area: Bozeman City Limits

Status: Active