Industrial or Redevelopment Opportunity
$1,250,000
401 East Main Street, Belgrade, MT 59714
4,432 sqft
Building Size
1.3 acres
Lot Area
Details:
Highlights:
- Two (2) grade level 10' loading doors 12' wide
- Fenced-in acreage
- Warehouse space with office
Description:
SterlingCRE is pleased to present 401 East Main Street in Belgrade, Montana. The subject property, located ten minutes outside Bozeman, features ±4,432 of warehouse space on approximately 1.30 acres. The property offers high visibility frontage along East Main Street, the commercial corridor leading into Downtown Belgrade with close proximity from the interchange of Interstate 90 and Jackrabbit Lane (1 mile).
The Downtown District (DD) zoning allows for a variety of commercial uses. Additionally, the property is located within the Belgrade Urban Renewal District, allowing for TIF funding for infrastructure upgrades to the subject property (See attachments for the URD Plan). With Bozeman International Airport just one mile away, 401 East Main offers a unique owner/occupier or redevelopment opportunity located directly within the Gallatin Valley sprawl.
Short Term Leaseback
The current owner desires to lease back the subject property from a buyer during construction of their new facility in Belgrade. Construction completion is estimated to be in early 2025. Lease back terms are flexible and subject to further negotiation. This offers a unique opportunity for a buyer to enjoy solid monthly revenue from a reliable short term tenant while redevelopment or upgrade plans are made for the subject property.
East Main Street via Frontage Road
Located on the E Main Street/Frontage Road in Belgrade, MT
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Location
