27 Progressive Drive
Belgrade, Montana 59714

MLS #392788 | $1,500,000

Listing Details

  • 2700Sq Footage
  • 3Acres
  • $1,500,000Price

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.

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Additional Features

  • Building Area Total
  • City
  • Contract Status Change Date
  • Cumulative Days On Market
  • Directions
    From 1-90 W, Take exit 305. Turn right onto N 19th Ave. Turn right onto Springhill Rd. Turn left onto Airport Rd. Turn right onto Spain Bridge Rd. Turn left onto Progressive Dr.
  • Heating
    Forced Air, Gas, Propane, Natural Gas
  • Heating
  • Latitude
  • Listing Contract Date
  • Listing Key
  • List Price
  • Living Area
  • Longitude
  • Lot Size Acres
  • Lot Size Square Feet
  • MLS Area Major
  • MLS Area Minor
    3 N - Belgrade Area N of I90
  • MLS Status
  • Original List Price
  • Originating System Name
    S W M T
  • Ownership
  • Parcel Number
    R F G54506
  • Parking Features
  • Photos Count
  • Postal Code
  • Property Sub Type
  • Property Type
    Commercial Sale
  • Sewer
    Septic Tank
  • Standard Status
  • Tax Annual Amount
  • Tax Legal Description
    MINOR SUB 379, S04, T01 S, R05 E, LOT 2, ACRES 3
  • Tax Year
  • Unparsed Address
    27 Progressive Drive
  • Utilities
    Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Propane, Phone Available, Septic Available, Water Available
  • Water Source
  • Year Built

Contact So Red About This Listing

Listing Provided By Starner Commercial Real Estate, Michael Reams

Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.

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