725 E Cottonwood Street, Bozeman, MT 59715

$950,000
4,875
SqFt

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List Price
$950,000
MLS#
400128
Status
ACTIVE
County
Gallatin
City
Bozeman
Subdivision
Northern Pacific Addition
Living Area
4,875
Acres
0.26
Property Subtype
Building

Property Description

Rare opportunity to acquire a historic 4,875 SF warehouse on approximately 11,500 SF of land in Bozeman's rapidly evolving northeast corridor. The property combines an existing income-producing building with significant land value, NEHMU zoning, and substantial future redevelopment potential. The warehouse is currently leased month-to-month at $1,500/month, providing interim income while a buyer evaluates future plans. NEHMU (Northeast Historic Mixed-Use) zoning allows for a broad range of potential uses, including residential, commercial, retail, office, restaurant and adaptive reuse, along with the potential for additional ADUs under current regulations. Preliminary architectural concept drawings are available illustrating one potential redevelopment scenario for the property. The concepts are for marketing purposes only, have not been entitled, and are not intended to represent approved development plans. Buyer to independently verify zoning, permitted uses, development standards and feasibility. The property is located just one block from Wild Crumb Bakery, Treeline Coffee and Fink's Deli and is surrounded by continued investment and redevelopment throughout Northeast Bozeman, including the Bronkens/Cloverleaf project, Wallace Works, North Ida/East Cottonwood redevelopment and Block 104. The City's Transportation Plan also envisions reconnecting and upgrading the East Cottonwood extension toward Front Street, including roadway and walking/biking improvements. The area may also benefit from future Opportunity Zone designation, which could provide additional long-term investment and redevelopment upside, subject to applicable governmental action and eligibility requirements. The adjacent 704 Front Street property is also available, offering the potential to combine the two parcels into an approximately 18,600 SF development site with existing residential income and additional redevelopment flexibility. See MLS #399646 for the combined offering.

Additional Information

Days on Market
520
Year Built
1895

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Courtesy of Lauren John with Starner Commercial Real Estate.