$2,950,000
( $605.50Per Sq Foot )
 $15,836 est/mo Sourced by Back At You

516 & 520 W Main Street,Bozeman, MT 59715

Bozeman, MT 59715

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Description

Exceptional investment opportunity in the heart of Bozeman! .....offering includes two side-by-side income-producing properties at 516 and 520 W Main Street, ideally positioned just west of Willson School and across new Hampton Inn Hotel in Bozeman's midtown redevelopment corridor. Both operate currently as a combination of residential apartments and vacation rentals, offering immediate cash flow with flexibility for future use. Both buildings have been extensively updated, including electrical, plumbing, furnaces, water heaters, kitchens, and bathrooms. Each unit is separately metered, making ownership and management efficient. Beyond the current income, both properties present outstanding long-term value. The combined site is adjacent to another parcel that is separately offered for sale, creating the potential for a larger West Main Street assemblage and future redevelopment. Investors may continue operating the properties as income-producing assets or explore redevelopment opportunities in one of Bozeman's most active growth corridors. The properties also offer flexibility to be purchased individually...but Sellers prefer to sell both together. Whether a Buyer/investor is seeking stable rental income, short-term rental potential, or a strategic land investment with future development upside, this is a rare opportunity in a highly desirable Main Street location.

Details

MLS #413881
Listing TypeFor Sale
StyleBuilding
Sub-TypeResale
StatusActive
Year1910
Days On Site80
Listing Provided ByCobb Realty Group | Joe Cobb

Features

SQ Feet4,872
ZoningB2M
Acreage0.27

Parking

Parking FeaturesCommon, On Street

Taxes

Tax Annual Amount13003

Area Information

StateMT
CountyGallatin
CityBozeman
Zip Code59715
AreaBozeman City Limits
Subarea1SM Boz Main to Kagy
Community NameStory Addition
Listing VS Median (in Story Addition)
Price:
$2,950,000
low | high
Med:
$1,922,500
84.830508474576% of Average
sqft:
4,872
low | high
Med:
3,482
78.540640394089% of Average
$ / sqft:
$606
low | high
Med:
$517
64.655302385526% of Average
On site:
80
low | high
Med:
41.5
100% of Average
Sourced by Back At You

Market Activity 59715

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All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

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Learn More About This Property

StateMT
CountyGallatin
CityBozeman
Zip Code59715
AreaBozeman City Limits
Subarea1SM Boz Main to Kagy
Community NameStory Addition
Listing VS Median (in Story Addition)
Price:
$2,950,000
low | high
Med:
$1,922,500
84.830508474576% of Average
sqft:
4,872
low | high
Med:
3,482
78.540640394089% of Average
$ / sqft:
$606
low | high
Med:
$517
64.655302385526% of Average
On site:
80
low | high
Med:
41.5
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 6:42:10 AM PDT