725 E Cottonwood ST Active Save Request In-Person Tour Request Virtual Tour
Bozeman,MT 59715
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 4,875 sqft
Price per Sqft $194
Subdivision Northern Pacific Addition
MLS Listing ID 400128
Year Built 1895
Annual Tax Amount $6,046
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Building
Property Description
This is a prime investment opportunity in the rapidly growing Mill District of northeast Bozeman. The area is currently undergoing multiple redevelopment projects, such as the Bronkens/Cloverleaf project, Wallace Works, North Ida/East Cottonwood redevelopment, and Block 104. It is also located just one block from popular spots like Wild Crumb Bakery, Treeline Coffee, Finks Deli, and the Wildlands residences. The storage warehouse is about 4,875 square feet on an approximately 11,500 square foot lot. It is currently rented at a below-market rate of $1,500 per month on a month-to-month basis. It is situated at a potential future connection point between the east section of East Cottonwood Road and the original Front Street. The City's Transportation Plan envisions reconnecting and upgrading East Cottonwood's extension into Front Street, including roadways and walking/biking paths. Furthermore, it serves as a crucial interconnection for sewer, water, and other utilities for the eastern side of the Mill District. The Northeast Historic Mixed-Use (NEHMU) zoning allows for residential, commercial, retail, and bar/restaurant uses, along with accessory dwelling units (ADUs). The lot to the north is also available, which creates an exciting opportunity for redeveloping the 18,600 square feet site with a mix of commercial and residential uses plus parking.
Location
State MT
County Gallatin
Area Bozeman City Limits
Zoning NEHMU
Direction Where East Cottonwood Street intersects with Plum Avenue
Interior
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Tax ID RGH3151
Ownership Full
Acceptable Financing Cash,3rd Party Financing
Listing Terms Cash,3rd Party Financing
Special Listing Condition None