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MLS #392788
PRICE$1,500,000
Belgrade, Montana
27 Progressive Drive
Contingent![27 Progressive Drive, Belgrade, Montana](/wp/wp-content/themes/concept/build/listing-images/8/392788/1.jpeg)
24Photos
![Taunya Fagan](/wp/wp-content/uploads/2020/01/taunya-fagan-small.jpg)
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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.
- Sq Footage
2700 - Acres
3 - Days on Market
97
- Type: Commercial Sale
- Subtype: Building
- Year Built: 2017
- Heating: Forced Air, Gas, Propane, Natural Gas
- Price/SqFt: $556
Listing Provided By Starner Commercial Real Estate, Michael Reams
Additional Features
- Building Area Total
2700 - City
Belgrade - Contract Status Change Date
2024-08-07 - Cumulative Days On Market
201 - 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
Yes - Latitude
45.777646 - Listing Contract Date
97 - Listing Key
1076069729 - List Price
1500000 - Living Area
2700 - Longitude
-111.113817 - Lot Size Acres
3 - Lot Size Square Feet
130680 - MLS Area Major
Belgrade - MLS Area Minor
3 N - Belgrade Area N of I90 - MLS Status
Contingent - Off Market Date
2024-08-07 - Original List Price
1500000 - Originating System Name
S W M T - Ownership
Full - Parcel Number
R F G54506 - Parking Features
Gravel - Photos Count
24 - Postal Code
59714 - Property Sub Type
Building - Property Type
Commercial Sale - Sewer
Septic Tank - Standard Status
Pending - Tax Annual Amount
6000 - Tax Legal Description
MINOR SUB 379, S04, T01 S, R05 E, LOT 2, ACRES 3 - Tax Year
2023 - Unparsed Address
27 Progressive Drive - Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Propane, Phone Available, Septic Available, Water Available - Water Source
Well - Year Built
2017
![Taunya Fagan](/wp/wp-content/uploads/2020/01/taunya-fagan-small.jpg)
Let me show you this listing!
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.