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210-214 S Black Avenue

Bozeman, 59715

$3,100,000
Residential Listing
0.3 AC

Summary

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.

Details

  • Neighborhood
    Black Addition
  • Type
    Multi Family
  • Year Built
    1925
  • Lot Size
    0.3 AC
  • Flooring
    Hardwood, Partially Carpeted
  • Levels
    Other
  • Heating
    Baseboard, Forced Air
  • Cooling
    Varies by Unit
  • Community
    Bozeman
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Waterfront
    None
  • Days on Market
    316
  • Listing Courtesy of
    The Agency Bozeman
  • MLS #
    388936

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

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