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725 E Cottonwood Street

Bozeman, MT 59715

$950,000
Commercial Sale Listing
4,875 SqFt

Summary

This is a prime investment opportunity in the rapidly growing Mill District of northeast Bozeman. The area is currently undergoing multiple redevelopment projects, such as the Bronkens/Cloverleaf project, Wallace Works, North Ida/East Cottonwood redevelopment, and Block 104. It is also located just one block from popular spots like Wild Crumb Bakery, Treeline Coffee, Finks Deli, and the Wildlands residences. The storage warehouse is about 4,875 square feet on an approximately 11,500 square foot lot. It is currently rented at a below-market rate of $1,500 per month on a month-to-month basis. It is situated at a potential future connection point between the east section of East Cottonwood Road and the original Front Street. The City's Transportation Plan envisions reconnecting and upgrading East Cottonwood's extension into Front Street, including roadways and walking/biking paths. Furthermore, it serves as a crucial interconnection for sewer, water, and other utilities for the eastern side of the Mill District. The Northeast Historic Mixed-Use (NEHMU) zoning allows for residential, commercial, retail, and bar/restaurant uses, along with accessory dwelling units (ADUs). The lot to the north is also available, which creates an exciting opportunity for redeveloping the 18,600 square feet site with a mix of commercial and residential uses plus parking.

Details

  • Type
    Building
  • Approx Sq Feet
    4,875
  • Year Built
    1895
  • Utilities
    Sewer Available, Water Available
  • Days on Market
    39
  • Listing Courtesy of
    Starner Commercial Real Estate
  • MLS #
    400128

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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