11 Main StBelgrade, MT 59714

Property Details for 11 Main St

Year built

1902

Construction

WOOD

Lot size

0.03 AC

Property size (Sq ft)

1,034 SF

Zone code

2

Property type

Retail properties

Property subtype

Retail space

APN

06-0903-01-3-33-17-0000

APU

6090301333170000

Description

Located at 11 W Main St in Belgrade, Montana, zip code 59714, the Belgrade Mercantile B2 offers five available office spaces ranging from 122 to 176 square feet. This 2023-built property features a variety of office styles, including traditional, executive, coworking, and creative options, making it suitable for diverse business needs. The building includes elevators and electric baseboard heating. Utilities are included, excluding internet and telecommunications. The multiple tenancy structure allows for flexibility in leasing arrangements, accommodating both solo entrepreneurs and larger companies. Situated in the Belgrade submarket, within the Bozeman, Manhattan, Churchill, four corners, and gateway submarket cluster, this location provides excellent access to the broader region. The building's modern design and convenient amenities create a sophisticated and functional workspace. This prime location offers a blank canvas for businesses seeking a prestigious address in a thriving community. The property is easily accessible from Broadway. These newly constructed, never-before-leased spaces are ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $271,826

  6.5%

  $250,917

  7%

  $232,994

• Comparable approach

  Method

  Valuation

  Relative Method

  $555,557

  Geo Method

  $555,557

• Alternative Use

  Use

  Valuation

  Residential

  $211,657

  Hospitality

  $193,877

  Educational

  $161,303

  Medical

  $166,851

  Retail

  $250,917

Location Insight

City

Belgrade

County

Gallatin

State

Montana

Latitude

45.7762

Longitude

-111.177

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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