TBD N 19th AVE Active

Bozeman,MT 59715

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Maple Terrace

MLS Listing ID 388084

Annual Tax Amount $3,283

Tax Year 2022

Lot Size 0.574 Acres

Acres 0.5739

Property Sub-Type Commercial

Property Description

This property is located off of the high-trafficked North 19th Avenue corridor with lots of visibility. The annual average daily traffic count is 24,000 vehicles per day. The lots are currently zoned R-O (Residential Office District) and are being re-zoned to B-1 (Neighborhood Mixed Use). It is perfect for multifamily residential development, professional office, and smaller-scale retail, and the location is ideal given its proximity to the high school, public services, and transit.

A 42-unit multifamily project has been designed for the site by Springer Group Architects. It would make for a great adorable or transitional housing project. In addition to the returns on the project itself, putting up affordable housing also creates bonus density opportunities on other development projects.

This site was previously approved by the City of Bozeman as an affordable housing land donation site to obtain affordable housing bonus density. Therefore, we believe the site could be used by other developers as land donation property to obtain affordable housing bonus density on their respective projects.

Location

State MT

County Gallatin

Area Bozeman City Limits

Direction Located on the East side of North 19th Avenue just North of Durston Road.

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

Building

Sewer Public Sewer

Others

Tax ID RGG3510

Ownership Full

Acceptable Financing Cash,3rd Party Financing

Listing Terms Cash,3rd Party Financing

Special Listing Condition None

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