TBD Ridgeway M-1 Development Opportunity/Belgrade

Listing Status: For Sale

MLS #: 410300

Asking Price: $1750000

Building SqFt:

Unit SqFt:

Commercial Lot Size: 3.79 Acres

Zoning/Use: M1

3.79 Acres with rental income and the ability to put up multiple commercial buildings. Lot has access to domestic water, fire water and 3 phase power. Site is approved for 5 buildings with plumbing and two for dry storage. Priced below the competition!!

650 S Ferguson Unit# 2 Bozeman

Listing Status: For Lease

MLS #: 410278

Asking Price: $2762

Building SqFt: 3217

Unit SqFt: 1424

Commercial Lot Size: Common

Zoning/Use: B-2

650 S Ferguson Ave, Unit #2 – Pinewood Professional Center Bozeman, MT

Unit #2 at Pinewood Professional Center is a professional office condominium located along Bozeman’s South Ferguson commercial corridor. The unit offers a flexible, professional footprint well-suited for office, medical, or other professional service users, with the convenience of an established business-campus setting and shared on-site parking. The location provides quick access to nearby services, retail, and dining in the surrounding Ferguson corridor.

Key facts

Property type: Office condominium (Pinewood Professional Center Condo)
Approx. size: 1,424SF
Year built: 1999
Parking: Off-street / shared on-site parking
Utilities: Public water and public sewer
Location: South Ferguson Avenue professional/retail corridor with convenient access to nearby amenities

Call Or Text Evan McCaw 406-581-2213

650 S Ferguson Avenue Unit#1 Bozeman

Listing Status: For Lease

MLS #: 410276

Asking Price: $3496

Building SqFt: 3217

Unit SqFt: 1793

Commercial Lot Size: Common

Zoning/Use: B-2

650 S Ferguson Ave, Unit #1 – Pinewood Professional Center Bozeman, MT

Unit #1 at Pinewood Professional Center is a professional office condominium located along Bozeman’s South Ferguson commercial corridor. Public records indicate the unit contains approximately 1,793 square feet and was built in 1999, offering a flexible footprint suitable for a wide range of office, medical, or professional service users. The property benefits from an established professional-campus setting with convenient access to nearby services and shared parking. Right across from the Ridge Athletic Club 5 minutes away from a variety of restaurants and town and country grocery store.

Key facts

Property type: Office condominium (Pinewood Professional Center Condo)
Approx. size: 1,793 SF
Year built: 1999
Parking: Off-street / shared on-site parking 
Utilities: Public water and public sewer 
Location: South Ferguson Avenue professional/retail corridor with convenient access to nearby amenities

Call Or Text Evan McCaw 406-581-2213

12 Penny Lane Gallatin Gateway Montana

Listing Status: For Sale

MLS #: 409921

Asking Price: $11307000

Building SqFt: 40111

Unit SqFt: 40111

Commercial Lot Size: 2.5

Zoning/Use: B-2 / M1

12 Penny Lane — Gallatin Gateway, Montana
Net‑Leased Showroom & Fabrication Facility

Single‑Tenant | Purpose‑Built | Resort‑Market Exposure

Offered at $11,307,000.

7.25% Cap Rate

Executive Overview

12 Penny Lane offers investors the opportunity to acquire a fully leased, mission‑critical commercial facility serving Montana’s premier luxury residential construction markets, including Big Sky, Yellowstone Club, Spanish Peaks, and Moonlight Basin. The property is 100% leased to Earth Elements LLC under a newly structured modified NNN lease that delivers durable income, minimal landlord responsibilities, and built‑in annual rent growth.

Originally purpose‑built in 2017 with over $4 million in specialized improvements, the facility functions as a destination showroom, fabrication hub, and corporate headquarters. The building’s highly customized nature significantly reduces tenant relocation risk and provides strong long‑term income security.

Investment Highlights

100% Occupied, Single‑Tenant Asset
New arm’s‑length lease with established operating tenant
Strong In‑Place Cash Flow
Net Operating Income of approximately $819,726.
Modified NNN Lease Structure
Flat $3.00/SF expense recovery with no annual reconciliation
Annual Rent Growth
3% annual escalations on base rent
Purpose‑Built, Non‑Commodity Real Estate
Irreplaceable showroom and fabrication infrastructure
High‑Barrier Resort Market Location
Limited competing inventory for comparable uses
Replacement Cost Support
Insured building replacement value of $7.29M (exclusive of land)

Property Description

Address: 12 Penny Lane, Gallatin Gateway, MT 59730
Property Type: Commercial — Showroom / Fabrication / Warehouse
Total Rentable Area: 40,111 SF (inside‑wall measurement)

Office / Showroom: 16,288 SF
Warehouse / Fabrication: 23,823 SF

The property features a custom architectural façade, extensive glass storefront exposure, and seven fully built‑out showroom departments serving architects, designers, and high‑net‑worth clientele. The rear fabrication area includes advanced CNC machinery, water‑jet cutting, overhead crane systems, and loading dock access—creating a vertically integrated operational environment.

Evan McCaw  406-581-2213

81211 & 81213 Gallatin Road

Listing Status: For Sale

MLS #: 409918

Asking Price: $10518000

Building SqFt: 33400

Unit SqFt: 334400

Commercial Lot Size: 2.77

Zoning/Use: B-2 / M1

81211–81213 Gallatin Road
Bozeman, Montana 59718

$10,918,000.

7.25% Cap Rate

Commercial Income Property with Development Upside

Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33,400-square-foot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels—one improved and one vacant—providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman’s strongest commercial corridors.

The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub-3% commercial vacancy, reinforcing the property’s strong leasing fundamentals and long-term demand.

Property Overview

Address: 81211 & 81213 Gallatin Road, Bozeman, MT 59718
Property Type: Commercial — Retail, Showroom & Warehouse
Total Building Size: 33,400 SF (five condo units)
Land Area: 2.777 acres (two parcels)
Frontage: 337 feet on US Highway 191 South
Occupancy: 100% leased

Tenant Mix & Income Profile

The property is fully leased to a diverse mix of retail, showroom, storage, and warehouse users under staggered 3- to 5-year lease terms with renewal options. Warehouse tenants operate under NNN lease structures with operating expenses passed through via CAM charges, supporting durable net income.

Annual Gross Scheduled Revenue: $708,561
Tenant composition by revenue: Warehouse (North & South) 65.3%; Retail (Suites A–E) 31.8%; Storage 2.9%

The anchor tenant, Earth Elements LLC, occupies the North Warehouse and represents approximately 47% of total revenue under a five-year lease with two additional five-year renewal options, offering potential tenancy through December 2040. The owner, TS Four, LLC, occupies the South Warehouse under a three-year leaseback with terms negotiable at closing.

Operating Performance

CY2025 Operating Expenses: $57,420 (insurance carried at the ownership entity level; NNN tenants reimburse pro-rata expenses via CAM)
Net Operating Income (NOI): $650,561

Historical operations reflect stable performance, with leases renegotiated and reset to market rates effective January 2026. Pro-forma income reflects fully executed leases currently in place.

Development Upside

The second parcel is entitled for an additional 11,518-square-foot building, offering immediate development potential along highly visible US-191 frontage. The site is currently vacant and development-ready, subject to verification of current permits and entitlements.

Investment Highlights

100% leased with diversified tenant base
Strong anchor tenant with long-term renewal options
NNN warehouse leases provide expense pass-through via CAM
No property-level mortgage (property currently secures a TS Four LLC line of credit to be addressed at closing)
Entitled vacant land for future development (11,518 SF Building #2)
Prime US-191 frontage less than one mile from Four Corners

Located in a sub-3% vacancy Bozeman commercial market

Cap Rate 7.25% Building + 11,518 SqFt Development parcel.

Evan McCaw  406-581-2213

682 S Ferguson Ave

Listing Status: For Sale

MLS #: 407671

Asking Price: $2350

Building SqFt: 1273

Unit SqFt: 1273

Commercial Lot Size: Common

Zoning/Use: Office

Prime Opportunity to Rent a 1,273 square foot commercial office condo in Pinewood Professional Center. On South Ferguson is in a premier commercial area with close proximity to The Market at Ferguson Farms and the Ridge Athletic Center. This well-maintained unit offers a versat layout with three private offices, large reception area and a convenient kitchen/storage areas. 3 very large storage closets Perfect for small businesses or professional services Located in a thriving commercial hub with easy access to amenities and major routes, this property is an excellent choice for your business.

Call Evan McCaw 406-581-2213

682 S Ferguson Avenue Unit #6 Bozeman Montana

Listing Status: For Sale

MLS #: 403505

Asking Price: $399000

Building SqFt: 1273

Unit SqFt: 1273

Commercial Lot Size: Common

Zoning/Use: Office

Prime Opportunity to own a 1,273 square foot commercial office condo in Pinewood Professional Center. On South Ferguson is in a premier commercial area with close proximity to The Market at Ferguson Farms and the Ridge Athletic Center. This well-maintained unit offers a versatile layout with three private offices, large reception area and a convenient kitchen/storage areas. 3 very large storage closets Perfect for small businesses or professional services Located in a thriving commercial hub with easy access to amenities and major routes, this property is an excellent choice for your business or investment.

Contact Evan McCaw 406-581-2213

Commercial Building in the heart of Three Forks

Listing Status: For Sale

MLS #: 408363

Asking Price: $1150000

Building SqFt: 2457

Unit SqFt:

Commercial Lot Size: .24

Zoning/Use: Commercial

Incredible opportunity on a highly trafficked area. Located in the lovely town of Three Forks Montana, this 2,457 sq/ft commercial building offers endless amount of possibilities and many ways to grow the business. Currently being used as a brewery that brews award winning tasty beverages. The sale of this property will include all FF&E for brewing and running the brewery business. If brewing beer isn't your thing, bring your ideas! Excellent exposure and plenty of parking and easy access to get in and out. Schedule your showing today!

676 Ferguson Ave STE 2

Listing Status: For Lease

MLS #: 408621

Asking Price: $2189

Building SqFt: 1088

Unit SqFt: 1088

Commercial Lot Size: Common

Zoning/Use: Office

Three office suite with large reception area. Ground Floor. Common M/W bath rooms. Recently updated. Clean. Good parking. Ready May 1, 2026

Call Evan McCaw 406-581-2213

16 ACRES R-4 high density development ground Belgrade

Listing Status: For Sale

MLS #: MLS#369

Asking Price: $6000000

Building SqFt:

Unit SqFt:

Commercial Lot Size:

Zoning/Use: R-4 High Density

TBD Bowline Blvd
16 Acres R-4 Development ground in Belgrade with future sewer capacity of over 300 units. Property is annexed and zoned R-4. Property is just North of new Story Creek Elementary school.
$6,000,000.00 / MLS#369314
Call Mike DeVries (406)580-2345