Active

210 & 214 S Black Avenue

Bozeman MT, 59715

$3,100,000


Active

Multi-family

Built in 1925

Are you an investor looking for a premier multi-family portfolio in Downtown Bozeman? Are you interested in developing two of the last conjoined, undeveloped B-3 (highest zoning designation) parcels in the city limits just blocks from Main Street? If the answer to any of those two questions is 'yes', then look no further than 210 & 214 S Black Avenue. These two four-plexes, adjacent to the Residential and Commercial 'Black & Olive' building offer short and long term income potential as well as a significant re-development opportunity. Sitting on 13,000sf+ of Central Business District Zoning (B-3), there is opportunity for countless ground-up projects here, from boutique hotel to large-scale high-end luxury development. Just a two minute walk from historic Main Street on Bozeman's Southside, the Black Avenue portfolio represents an opportunity for the savvy investor that doesn't come around that often -- if ever. Both properties have recently been updated and most units are offered fully furnished with high-end finishes and currently function as turn-key rentals. The B-3 zoning designation allows for residential and commercial development and the highest density development opportunities -- and it's extremely rare to find two properties of this income-generating and long-term investment magnitude side-by-side.

388936

MLS ID

January 9, 2024

Listed

May 9, 2024

Updated

Map

210 & 214 S Black Avenue
Bozeman MT, 59715

Interior Features

Floor Description

Hardwood, Partially Carpeted


Fireplace

No


Cooling

Yes


Cooling Description

Varies by Unit


Heating

Yes


Heating Description

Baseboard, Forced Air

Exterior/Building Features

Lot Size

0.3 Acres


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Area Name

Bozeman City Limits


Taxes

$10,044


Tax Frequency

Annually


Garage

Yes


Parking

Common, Garage


View

No


County

Gallatin


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

 

Courtesy of Jeremy Seglem, The Agency Bozeman

Based on information from Big Sky Country MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

© 2024 Big Sky Country MLS.

 

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