Bozeman, MT 59715,108 N 11th AVE #2
Bozeman, MT 59715,108 N 11th AVE #2
Bozeman, MT 59715,108 N 11th AVE #2
Bozeman, MT 59715,108 N 11th AVE #2
Bozeman, MT 59715,108 N 11th AVE #2
Bozeman, MT 59715,108 N 11th AVE #2
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$330,000

$345,000

4.3%
Est.Price: ?

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Est. payment /mo

1,510 SqFt


SOLD DATE : 12/11/2024

Key Details

Sold Price $330,000

Property Type Commercial

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,510 sqft

Price per Sqft $218

MLS Listing ID 397002

Sold Date 12/11/24

HOA Fees $600/qua

Year Built 1979

Annual Tax Amount $2,767

Tax Year 2023

Property 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.

Location

State MT

County Gallatin

Area Bozeman City Limits

Direction From I-90 W, Take exit 306 for N 7th Ave. Turn left onto I-90BL/N 7th Ave. Turn right onto Durston Rd. Turn left onto N 11th Ave. Destination will be on the right.

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Common, Paved, On Street

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

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Others

Tax ID RGG5637

Ownership Full

Acceptable Financing Cash, 3rd Party Financing

Listing Terms Cash, 3rd Party Financing

Financing Cash

Special Listing Condition Standard

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Listed by Starner Commercial Real Estate
Bought with Starner Commercial Real Estate
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(727) 486-6301

nickdownsre@gmail.com

319 E Mendenhall St, Bozeman, MT, 59715, USA

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