Active
301 & 303 Cold Iron Road
Big Sky MT, 59730
$4,400,000
$456.62 per sqft
Active
9,636 sqft
Commercial
Built in 2019
We are excited to bring to market a very unique mixed-use commercial/residential investment opportunity in Big Sky, Montana. 301/303 Cold Iron is perfect for a business providing services to Big Sky that is tired of paying the added expense to transport equipment and materials, needs on-site storage, fabrication space, and even comes with residential housing for owners and employees to avoid those lengthy and costly drives to/from Big Sky. From an investment perspective, these two buildings have been 100% occupied for years with an attractive cap rate, proving turn key investment returns from the day of your purchase.The seller has strategically negotiated month to month leases on most of the spaces proving the new owner flexibility to occupy as needed. Ideally located minutes to Big Sky's private clubs such as Spanish Peaks, Moonlight Basin, and Yellowstone Club, it provides easy access to clients and customers. 301 and 303 Cold Iron are located on almost an acre of land providing ample space to park vehicles, work trucks, trailers, and light industrial equipment. 301 contains almost 3,400 Sqft of space comprised of one large warehouse space with soaring 16' ceilings with two 14' garage doors, two offices, storage room, loft area, and restroom.Building 303 contains over 6,200 sqft of mix-use space which includes two commercial warehouse spaces, two 2-bedroom apartments, and two-4 bedroom apartments, all turn key with furniture, washer/dryers, and even dishes. Newly constructed back in 2019, the buildings have been well maintained with building management available for a truly hands off, turn key investment. The combination of the residential and commercial aspects of this property is very unique and rarely available Big Sky, and unlikely to be approved in future developments. The Big Sky economy continues to grow with a massive demand for a variety of residential and commercial services. Also available is the adjacent property, 259 Cold Iron, that can be purchase separately, or as a package deal with 301/303. 259 is a very similar set up to building 303, consisting of two commercial spaces, 2-4 bedroom apartments, 2-2 bedrooms apartments, one of which has been converted to offices. On the roughly one acre lot, you retain the right to build another structure to generate even more rental revenue. Please reach out for a tour of this incredible mix use property, that provides an exceptional opportunity to invest in this expanding community.
393294
MLSⓇ ID
July 12, 2024
Listed
October 14, 2024
Updated
Map
301 & 303 Cold Iron Road
Big Sky MT, 59730
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Varies by Unit, Wall/Window Unit(s)
Heating
Yes
Heating Description
Baseboard, Electric, Propane
Exterior/Building Features
Lot Size
0.95 Acres
Other Property Details
Area Name
Greater Big Sky
Taxes
$10,552
Tax Frequency
Annually
Days on Market
73
Association Fee
$2,089
Association Fee Frequency
Yearly
Garage
No
Parking
Gravel, Paved
View
No
County
Gallatin
Pool
No
Zoning
Gallatin Canyon/Big Sky
Courtesy of Scott Hammond, Outlaw Realty
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