27 Progressive Drive, Belgrade MT 59714

$1,500,000

27 Progressive Drive, Belgrade, MT 59714

bedrooms

bathrooms

square feet

2,700

Acreage

3.0

Open Houses

year built

2017

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Gallatin
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 392788

Listing agent: Michael Reams

Listing broker: Gene Cook Real Estate (406) 586-0302

Last update: Saturday, March 8 2025 at 6:48 a.m. EST

Kotohomes National