About This Home

This 0-bedroom, 0-bathroom commercial at 516 & 520 W Main Street in Bozeman, MT is listed for $2,950,000 ($606 per sqft). Built in 1910, the home offers 4,872 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1910
  • 0.27 acre lot

Property Details

1910
Listing Description

Exceptional investment opportunity in the heart of Bozeman! .....offering includes two side-by-side income-producing properties at 516 and 520 W Main Street, ideally positioned just west of Willson School and across new Hampton Inn Hotel in Bozeman's midtown redevelopment corridor.

Both operate currently as a combination of residential apartments and vacation rentals, offering immediate cash flow with flexibility for future use. Both buildings have been extensively updated, including electrical, plumbing, furnaces, water heaters, kitchens, and bathrooms.

Each unit is separately metered, making ownership and management efficient. Beyond the current income, both properties present outstanding long-term value. The combined site is adjacent to another parcel that is separately offered for sale, creating the potential for a larger West Main Street assemblage and future redevelopment.

Investors may continue operating the properties as income-producing assets or explore redevelopment opportunities in one of Bozeman's most active growth corridors. The properties also offer flexibility to be purchased individually...but Sellers prefer to sell both together. Whether a Buyer/investor is seeking stable rental income, short-term rental potential, or a strategic land investment with future development upside, this is a rare opportunity in a highly desirable Main Street location.

Monthly Cost Estimate

$15,777/mo

20% down · 6.5% · 30 years

Principal$2,133
Interest$12,783
Insurance$860

Estimates only. Actual payments may vary.

Location

516 & 520 W Main Street

Bozeman, MT 59715

Story Addition

Property Details

Parking

On Street

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 516 & 520 W Main Street is listed at $2,950,000 ($606/sqft). The estimated monthly payment is $15,777 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.27 acre lot.

This property is listed by Joe Cobb.

JC

Joe Cobb

License BRO-13238

Agent at Cobb Realty Group

Listed by Cobb Realty Group · Broker phone: (406) 579-2999

MLS# 413881· Source: Big Sky Country MLS· 84 days on PropertySimple

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

516 & 520 W Main Street, Bozeman, MT 59715

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