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516 & 520 W Main ST Bozeman, MT 59715
4,872 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,872 sqft
Price per Sqft $605
MLS Listing ID 30077383
HOA Y/N No
Year Built 1910
Annual Tax Amount $13,003
Tax Year 2026
Lot Size 6,751 Sqft
Acres 0.155
Property Sub-Type Building/Land
Property Description
Exceptional investment opportunity in the heart of Bozeman! .....offering includes two side-by-side income-producing properties at 516 and 520 W Main Street, ideally positioned just west of Willson School and across new Hampton Inn Hotel in Bozeman's midtown redevelopment corridor. Both operate currently as a combination of residential apartments and vacation rentals, offering immediate cash flow with flexibility for future use. Both buildings have been extensively updated, including electrical, plumbing, furnaces, water heaters, kitchens, and bathrooms. Each unit is separately metered, making ownership and management efficient. Beyond the current income, both properties present outstanding long-term value. The combined site is adjacent to another parcel that is separately offered for sale, creating the potential for a larger West Main Street assemblage and future redevelopment. Investors may continue operating the properties as income-producing assets or explore redevelopment opportunities in one of Bozeman's most active growth corridors. The properties also offer flexibility to be purchased individually...but Sellers prefer to sell both together. Whether a Buyer/investor is seeking stable rental income, short-term rental potential, or a strategic land investment with future development upside, this is a rare opportunity in a highly desirable Main Street location. Numerous other properties on either side of the property are also up for sale making ideal for a larger redevelopment opportunity
Location
State MT
County Gallatin
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Garage No
Building
Foundation Block, Slab
Others
Tax ID 06079812369360000
Special Listing Condition Standard
Listed by Cobb Realty Group