$345,000
( $228.48Per Sq Foot )
 $1,852 est/mo Sourced by Back At You

108 N 11th Avenue 2 , Bozeman, MT 59715

Bozeman, MT 59715

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Description

Conveniently located near Main Street in Bozeman, across from Bozeman High School, this 1,510 SF commercial condo is available for sale or lease. Currently built out for medical use, the efficient layout features a waiting area with reception, six exam rooms, a private office, a resource room, a breakroom with kitchenette, and a single-occupant bathroom. The exam rooms are equipped with built-in sinks and are plumbed for nitrous and oxygen. This ground-floor unit is located above a basement, allowing for mechanical, electrical, and plumbing improvements without cutting into a concrete slab. Primarily accessed through the common area lobby, this unit also offers secondary ingress and egress from within the space, providing employees with access without passing through the waiting area. The building features a full basement with an additional breakroom, a dedicated storage area, and laundry machines. This unit is part of the Professional Arts Condominiums, which comprises five units, primarily occupied by medical and professional service providers. While the current level of finish is moderate, the property is aggressively priced at $227 per SF, allowing a purchaser to invest $100K in improvements while still maintaining a price lower than recent comparable sales. This is an excellent opportunity for an owner-user or investor seeking an income property, offered at a 7% cap rate based on rents of $18 per SF NNN.

Details

MLS#397002
Listing TypeFor Sale
StyleCondominium
Suite Number2
HOA Dues$1,800
Sub-TypeResale
StatusActive
Year1979
Days On Site50
Listing Provided ByStarner Commercial Real Estate | Michael Reams

Features

SQ Feet1,510
ZoningB2M - Community Business - Mixed

Market Activity 59715

All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

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Listings Checked: 16 minutes ago
StateMT
CountyGallatin
CityBozeman
Zip Code59715
AreaBozeman City Limits
Subarea1NE Boz N of Main | E of 19th
Listing VS Median (in 59715)
Price:
$345,000
low | high
Med:
$952,000
100% of Average
SqFt:
1,510
low | high
Med:
2,822
36.854304635762% of Average
$ / SqFt:
$228
low | high
Med:
$382
17.383898244303% of Average
On Site:
50
low | high
Med:
59.000000
84.745762711864% of Average
Sourced by Back At You
Listing Updated: October 4, 2024 at 3:16:19 AM PDT