MLS ID: 392788 $1,500,000.00

27 Progressive Drive
Belgrade, MT 59714

Located in Belgrade near the Yellowstone Bozeman International Airport, this three-acre commercial property features a 1,500 SF steel warehouse with an integrated second-level 1 bedroom/1 bathroom apartment. The warehouse is 50' x 30' with an 18' clear span ceiling and includes an office, bathroom, and mechanical room on the ground level. The property is serviced by three-phase power, natural gas, propane, a private well, an on-site septic system, and two water hydrants. Additionally, there is a separate 1 bedroom/1 bathroom tiny house with a proven rental record. The fully enclosed barnwood fence provides privacy and security. With approximately 10% of the property improved, the significant amount of surplus land with utility services in place makes this property ideal for an owner-user, a tenant needing ample secure yard space, or a developer interested in additional buildings, such as an office/warehouse flex development. Its proximity to I-90, the City of Belgrade, and Bozeman Yellowstone International Airport makes this property a great fit for many commercial uses. Listing Price based on 7% Cap Rate for warehouse/apartment/tiny house and $7.35 p/SF for the surplus land.


2700 SQFT

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Location

Amenities

Zip 59714

SQFT 2700

Property Type CommercialSale

Lot Size 3

Levels N/A
Office Name Starner Commercial Real Estate

Year Built 2017

Subdivision N/A

Area Belgrade

Status Active
Zip: 59714

SQFT: 2700

Property Type: CommercialSale

Lot Size: 3

Levels: N/A

Office Name: Starner Commercial Real Estate

Year Built: 2017

Subdivision: N/A

Area: Belgrade

Status: Active

Listing Agent: Michael Reams



(Data provided by Gallatin-BigSky-BSC data)