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We are excited to bring to market a very unique mixed-use commercial/residential investment opportunity in Big Sky, Montana. 301/303 Cold Iron is perfect for a business providing services to Big Sky that is tired of paying the added expense to transport equipment and materials, needs on-site storage, fabrication space, and even comes with residential housing for owners and employees to avoid those lengthy and costly drives to/from Big Sky. From an investment perspective, these two buildings have been 100% occupied for years with an attractive cap rate, proving turn key investment returns from the day of your purchase.The seller has strategically negotiated month to month leases on most of the spaces proving the new owner flexibility to occupy as needed. Ideally located minutes to Big Sky’s private clubs such as Spanish Peaks, Moonlight Basin, and Yellowstone Club, it provides easy access to clients and customers. 301 and 303 Cold Iron are located on almost an acre of land providing ample space to park vehicles, work trucks, trailers, and light industrial equipment. 301 contains almost 3,400 Sqft of space comprised of one large warehouse space with soaring 16’ ceilings with two 14’ garage doors, two offices, storage room, loft area, and restroom.Building 303 contains over 6,200 sqft of mix-use space which includes two commercial warehouse spaces, two 2-bedroom apartments, and two-4 bedroom apartments, all turn key with furniture, washer/dryers, and even dishes. Newly constructed back in 2019, the buildings have been well maintained with building management available for a truly hands off, turn key investment. The combination of the residential and commercial aspects of this property is very unique and rarely available Big Sky, and unlikely to be approved in future developments. The Big Sky economy continues to grow with a massive demand for a variety of residential and commercial services. Also available is the adjacent property, 259 Cold Iron, that can be purchase separately, or as a package deal with 301/303. 259 is a very similar set up to building 303, consisting of two commercial spaces, 2-4 bedroom apartments, 2-2 bedrooms apartments, one of which has been converted to offices. On the roughly one acre lot, you retain the right to build another structure to generate even more rental revenue. Please reach out for a tour of this incredible mix use property, that provides an exceptional opportunity to invest in this expanding community.

• Sq Footage
  9636
• Acres
  0.954
• Days on Market
  98

Additional Features

• Association Fee
  2089
• Association Fee Frequency
  Annually
• Building Area Total
  9636
• City
  Big Sky
• Co List Agent Direct Phone
  406-539-6060
• Co List Agent Email
  michael@outlaw.realty
• Co List Agent Full Name
  Michael Pitcairn
• Co List Office Name
  Outlaw Realty
• Contract Status Change Date
  2024-07-12
• Cooling
  Varies By Unit, Wall Window Units
• Cooling
  Yes
• Cumulative Days On Market
  73
• Directions
  Hwy 191 South to Lazy J, right on Cold Iron . Located on the West side of the street
• Documents Count
  2
• Heating
  Baseboard, Electric, Propane
• Heating
  Yes
• Latitude
  45.247371
• Listing Contract Date
  98
• Listing Key
  1077428602
• List Price
  4400000
• Living Area
  9636
• Longitude
  -111.253556
• Lot Size Acres
  0.954
• Lot Size Square Feet
  41556
• MLS Area Major
  Greater Big Sky
• MLS Area Minor
  5 C S - Gallatin Canyon South
• MLS Status
  Active
• Original List Price
  4400000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  00 R L F61606
• Parking Features
  Gravel, Paved
• Photos Count
  37
• Postal Code
  59730
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Standard Status
  Active
• Subdivision Name
  Lazy J South
• Tax Annual Amount
  10552
• Tax Legal Description
  LAZY J SO SUB, S05, T07 S, R04 E, Lot 9, ACRES 0.954, PLAT J-492-A
• Tax Year
  2024
• Unparsed Address
  301 & 303 Cold Iron Road
• Year Built
  2019

Let me show you this listing!