For Lease
For Sale
Downtown Mixed-Use Investment Building
45 E Babcock St, Bozeman, 59715 · Downtown Bozeman
$3,200,000
Property Summary
A fully leased, three-story mixed-use investment property on Babcock Street with ground-floor retail and two upper floors of professional-office tenants. Stabilised cash flow, staggered lease expirations and irreplaceable downtown land make this a core holding for an investor seeking a multi-tenant asset in a supply-constrained submarket. This is an income property, not an owner-user opportunity.
Property Details
- Property Type
- Investment, Mixed Use
- Availability
- For Sale
- Floor Area
- 11,400 Sq Ft
- Site Area
- 0.2 Acres
- Building Class
- Class B
- Year Built
- 1948
- Floors
- 3
- Parking
- 8-space rear lot
- Occupancy
- Fully leased - 4 tenants
- Zoning
- B-3 Central Business District
- Lease Type
- Mixed - NNN and gross
- Lease Term
- Staggered by tenant
- CAM / OpEx
- Tenant-reimbursed on ground floor
- Price Qualifier
- Guide Price
- Submarket
- Downtown Bozeman
- Reference
- GVC-32
Best Suited For
Downtown
High visibility
Investor
Professional services
Retail
Space & Building Features
- Ground-floor retail + two office floors
- Fully leased to four tenants
- Staggered lease expirations
- 12ft ground-floor ceilings
- 8-space rear parking lot
- Central HVAC zoned per unit
- Monitored alarm
- Unused air rights
About This Property
A block off Main Street, this 11,400 SF building has been a stable four-tenant holding for years: a ground-floor retailer on a NNN lease and two floors of professional-office suites on modified-gross terms. Lease expirations are staggered so no more than one tenant rolls in any twelve-month period.
The rear lot provides eight parking spaces, valuable downtown, and the building sits on a 0.20-acre parcel zoned B-3 with unused air rights. Underwriting materials, a current rent roll and trailing operating statements are available to qualified buyers under NDA.
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