1. Montana
  2. Belgrade
  3. 27 Progressive Drive
$1,500,000

27 Progressive Drive, Belgrade, MT 59714

  • 2,700 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2017
  • Property Lot Size Icon3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $556/sqft
  • Property List Date Icon Listed 0 years ago

Property Description

Located in Belgrade near the Yellowstone Bozeman International Airport, this three-acre commercial property features a 1,500 SF steel warehouse with an integrated second-level 1 bedroom/1 bathroom apartment. The warehouse is 50' x 30' with an 18' clear span ceiling and includes an office, bathroom, and mechanical room on the ground level. The property is serviced by three-phase power, natural gas, propane, a private well, an on-site septic system, and two water hydrants. Additionally, there is a separate 1 bedroom/1 bathroom tiny house with a proven rental record. The fully enclosed barnwood fence provides privacy and security. With approximately 10% of the property improved, the significant amount of surplus land with utility services in place makes this property ideal for an owner-user, a tenant needing ample secure yard space, or a developer interested in additional buildings, such as an office/warehouse flex development. Its proximity to I-90, the City of Belgrade, and Bozeman Yellowstone International Airport makes this property a great fit for many commercial uses. Listing Price based on 7% Cap Rate for warehouse/apartment/tiny house and $7.35 p/SF for the surplus land.

Listing Status:
Active
Listing Office:
Starner Commercial Real Estate : 406-586-0302
Listing Agent:
Michael Reams : 406-451-8283
MLS ID:
392788
  • Heating: Forced AirGasPropaneNatural Gas

This listing courtesy of Michael Reams, Starner Commercial Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Heck/Quaw Elementary School

308 N Broadway, Belgrade, MT, 59714

Grades PK-4

2.86 miles away

B

Belgrade Middle School

410 Triple Crown St, Belgrade, MT, 59714

Grades 5-8

3.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.