210 & 214 S Black Avenue, Bozeman, MT

$3,100,000

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0.30

Acres

About 210 & 214 S Black Avenue

Are you an investor looking for a premier multi-family portfolio in Downtown Bozeman? Are you interested in developing two of the last conjoined, undeveloped B-3 (highest zoning designation) parcels in the city limits just blocks from Main Street? If the answer to any of those two questions is 'yes', then look no further than 210 & 214 S Black Avenue. These two four-plexes, adjacent to the Residential and Commercial 'Black & Olive' building offer short and long term income potential as well as a significant re-development opportunity. Sitting on 13,000sf+ of Central Business District Zoning (B-3), there is opportunity for countless ground-up projects here, from boutique hotel to large-scale high-end luxury development. Just a two minute walk from historic Main Street on Bozeman's Southside, the Black Avenue portfolio represents an opportunity for the savvy investor that doesn't come around that often -- if ever. Both properties have recently been updated and most units are offered fully furnished with high-end finishes and currently function as turn-key rentals. The B-3 zoning designation allows for residential and commercial development and the highest density development opportunities -- and it's extremely rare to find two properties of this income-generating and long-term investment magnitude side-by-side.

Features of 210 & 214 S Black Avenue

MLS® # 388936
Price $3,100,000
Bathrooms 0.00
Acres 0.30
Year Built 1925
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 210 & 214 S Black Avenue
Area 1SM - Boz Main to Kagy
Subdivision Black Addition
City Bozeman
County Gallatin
State MT
Zip Code 59715

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Parking Common, Garage
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Hardwood, Partially Carpeted
Heating Baseboard, Forced Air
Cooling Varies by Unit
Fireplace No
Stories Other
Has Basement No

Exterior

Roof Asphalt
Construction Hardboard

Additional Information

Date Listed January 9th, 2024
Days on Market 164
Zoning B3 - Central Business
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJeremy Seglem
OfficeThe Agency Bozeman

Listing Map

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