Improved Mixed-Use Land for Sale in Belgrade, Montana
27 Progressive Dr Belgrade, MT 59714
![3 Acres of Improved Mixed-Use Land for Sale in Belgrade, Montana](https://cdn.landsearch.com/listings/4B7J5/large/belgrade-mt-121548507.jpg)
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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.
Directions
From 1-90 W, Take exit 305. Turn right onto N 19th Ave. Turn right onto Springhill Rd. Turn left onto Airport Rd. Turn right onto Spain Bridge Rd. Turn left onto Progressive Dr.
Property details
- County
- Gallatin County
- Community
- N - Belgrade Area N of I90
- Elevation
- 4,455 feet
- MLS Number
- GAR 392788
- Date Posted
Parcels
- RFG54506
Property taxes
- 2023
- $6,000
Detailed attributes
Listing
- Type
- Commercial
Structure
- Heating
- Forced Air x 2, Natural Gas
Property utilities
Category | Type | Status | Description |
---|---|---|---|
Gas | Natural Gas | Connected | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
June 4, 2024 | New listing | $1,500,000 | — | GAR |