Improved Mixed-Use Land for Sale in Belgrade, Montana
27 Progressive Dr Belgrade, MT 59714
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.
Location
- Street Address
- 27 Progressive Dr
- County
- Gallatin County
- Community
- N - Belgrade Area N of I90
- Elevation
- 4,455 feet
Property details
- MLS Number
- GAR 392788
- Date Posted
Property taxes
- 2023
- $6,000
Parcels
- RFG54506
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Heating
- Forced Air
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Sept 27, 2024 | Back on market | $1,500,000 | — | GAR |
Sept 20, 2024 | Under contract | $1,500,000 | — | GAR |
Sept 12, 2024 | Back on market | $1,500,000 | — | GAR |
Aug 8, 2024 | Under contract | $1,500,000 | — | GAR |
June 4, 2024 | New listing | $1,500,000 | — | GAR |