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$ 3,400,000
Est. payment /mo
Active
259 Cold Iron RD Big Sky, MT 59730
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Lazy J South
MLS Listing ID 393293
HOA Fees $2,089/ann
Year Built 2017
Annual Tax Amount $6,854
Tax Year 2024
Property Sub-Type Building
Property Description
We are thrilled to present a unique mixed-use commercial and residential investment opportunity in Big Sky, Montana. This property at 259 Cold Iron offers ample space and the potential for additional construction, enhancing rental revenue or business capacity. Ideal for businesses serving Big Sky, this property eliminates the extra costs of transporting equipment and materials by offering on-site storage and fabrication space. It also includes residential housing for owners and employees, saving them from long and costly commutes. With a history of 100% occupancy and an attractive cap rate, this turn-key investment promises immediate returns. Flexible month-to-month leases on most spaces provide the new owner with the option to occupy as needed. Located minutes from Big Sky's private clubs, such as Spanish Peaks, Moonlight Basin, and Yellowstone Club, 259 Cold Iron offers convenient access for clients and customers. The nearly one-acre property provides ample parking for vehicles, work trucks, trailers, and light industrial equipment. The 6,000 square feet of mixed-use space includes two commercial warehouse spaces, two 4-bedroom apartments, and two 2-bedroom apartments, one of which has been converted into offices. All residential units are fully furnished and equipped with washers, dryers, and even dishes. Built in 2017 and well-maintained, the building comes with management services, ensuring a hands-off investment experience.
This exceptional property is a rare find in Big Sky, with a unique combination of residential and commercial elements unlikely to be approved in future developments. The Big Sky economy is booming, with a high demand for various residential and commercial services. Contact your agent for a tour of this incredible mixed-use property and seize the opportunity to invest in this growing community.
This exceptional property is a rare find in Big Sky, with a unique combination of residential and commercial elements unlikely to be approved in future developments. The Big Sky economy is booming, with a high demand for various residential and commercial services. Contact your agent for a tour of this incredible mixed-use property and seize the opportunity to invest in this growing community.
Location
State MT
County Gallatin
Area Greater Big Sky
Zoning Gallatin Canyon/Big Sky
Direction 191 South, right on Lazy J, first right on Cold Iron Rd. Located on the west side of road
Interior
Fireplace No
Exterior
Parking Features Gravel, Paved
Others
Tax ID 00RLF61605
Ownership Full
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Special Listing Condition None
Virtual Tour https://www.youtube.com/watch?v=PxnzxBavGxU
Listed by Outlaw Realty
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