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 | 113 |
| Zoning | B3 - Central Business |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jeremy Seglem |
|---|---|
| Office | The Agency Bozeman |