About 81211/ 13 Gallatin Road
Commercial Income Property with Development Upside Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33,400-square-foot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels—one improved and one vacant—providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman’s strongest commercial corridors. The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub-3% commercial vacancy, reinforcing the property’s strong leasing fundamentals and long-term demand. Property Overview • Address: 81211 & 81213 Gallatin Road, Bozeman, MT 59718 • Property Type: Commercial — Retail, Showroom & Warehouse • Total Building Size: 33,400 SF (five condo units) • Land Area: 2.777 acres (two parcels) • Frontage: 337 feet on US Highway 191 South • Occupancy: 100% leased Development Upside The second parcel is entitled for an additional 11,518-square-foot building, offering immediate development potential along highly visible US-191 frontage. The site is currently vacant and development-ready, subject to verification of current permits and entitlements. Cap Rate 7.74% Building & 11,518 SqFt Development parcel.
Features of 81211/ 13 Gallatin Road
| MLS® # | 409918 |
|---|---|
| Price | $9,900,000 |
| Square Footage | 33,400 |
| Acres | 2.77 |
| Year Built | 2007 |
| Type | Commercial Sale |
| Sub-Type | Building |
| Status | Active |
Community Information
| Address | 81211/ 13 Gallatin Road |
|---|---|
| Area | 2G - Boz Area Gal Gtwy |
| City | Bozeman |
| County | Gallatin |
| State | MT |
| Zip Code | 59718 |
Amenities
| Utilities | Electricity Connected, Natural Gas Available, Septic Available, Water Available |
|---|---|
| Parking | Common, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Gas, Hot Water, Radiant Floor |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Additional Information
| Date Listed | April 3rd, 2026 |
|---|---|
| Days on Market | 162 |
| Zoning | B2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Horses Allowed | No |
Listing Details
| Agent | Evan Mccaw |
|---|---|
| Office | McCaw, DeVries, Steinhauer & Co. |
