210 & 214 Black, Bozeman, MT | MLS#:388936

210 & 214 S Black Avenue | Bozeman, MT

$3,100,000
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$3,100,000

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MultiFamily

About 210 & 214 S Black Avenue
STATUS: Active
AREA: Bozeman City Limits
LISTING DATE: Jan 9, 2024
SUBDIVISION: Black Addition
TYPE: MultiFamily
YEAR BUILT: 1925
PARKING: N/A
LEVELS/STORIES: N/A
ACRES: 0.3
MLS ID: 388936
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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.

Listing courtesy of: The Agency Bozeman

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