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MLS #406518

PRICE$7,500,000

Big Sky, Montana

50 Ousel Falls Road

Active
50 Ousel Falls Road, Big Sky, Montana

38Photos

Taunya Fagan

Let me show you this listing!

Situated on the most visible and high-traffic corner in Big Sky’s Town Center, 50 Ousel Falls Road offers a rare opportunity to invest in one of the community’s premier commercial buildings. Spanning over 9,000 square feet across three units, this property is fully leased to long-term tenants, including three of Big Sky’s most recognized and established businesses — Ousel & Spur Pizza Co., the Waypoint, and Trove — ensuring strong rental income and long-term stability. The property features two expansive, sun-filled patios that create vibrant outdoor gathering spaces, extending valuable seating for tenants and customers alike. The Waypoint, Big Sky’s only movie theater and a popular event venue, also includes a walk-up bar serving drinks to the many pedestrians attending summer farmer’s markets, Music in the Mountains concerts, and other seasonal events. Together, these features create a dynamic, social environment that attracts consistent foot traffic year-round. Positioned along Ousel Falls Road, the main corridor connecting to Yellowstone Club and Spanish Peaks Mountain Club, this location offers unmatched exposure, signage opportunities, and visibility in the heart of Town Center. Surrounded by major hotel, retail, and community developments such as Hotel Free West, The Wilson Hotel, Gravity Haus, and BASE, the area continues to thrive as Big Sky’s vibrant commercial and cultural hub. With its prime location, strong tenant mix, and proven income stability, 50 Ousel Falls Road stands as one of the most desirable and enduring commercial investment opportunities in Big Sky — perfectly positioned for the town’s next phase of growth and development.

  • Sq Footage
    9498
  • Acres
    0.21
  • Days on Market
    177
  • Type: Commercial Sale
  • Subtype: Building
  • Year Built: 2011
  • HOA Cost: 48245.00
  • HOA Frequency: Annually
  • Heating: Forced Air
  • Cooling: Central Air
  • Price/SqFt: $790

Listing Provided By Outlaw Realty, Michael Pitcairn

Additional Features

  • Association Fee
    48245.00
  • Association Fee Frequency
    Annually
  • Building Area Total
    9498
  • City
    Big Sky
  • Co List Agent Direct Phone
    406-995-7363
  • Co List Agent Email
    eric@outlaw.realty
  • Co List Agent Full Name
    Eric Ladd
  • Co List Office Name
    Outlaw Realty
  • Contract Status Change Date
    2025-11-04
  • Cooling
    Central Air
  • Cooling
    Yes
  • Cumulative Days On Market
    176
  • Directions
    Located in Big Sky Town Center on Ousel Falls Rd
  • Heating
    Forced Air
  • Heating
    Yes
  • Latitude
    45.260110
  • Listing Contract Date
    2025-11-04
  • Listing Key
    1145722541
  • List Price
    7500000
  • Living Area
    9498
  • Longitude
    -111.308655
  • Lot Size Acres
    0.21040
  • Lot Size Square Feet
    9164
  • MLS Area Major
    Greater Big Sky
  • MLS Area Minor
    5 B M V - Big Sky Meadow Village
  • MLS Status
    Active
  • Original List Price
    7500000
  • Originating System Name
    S W M T
  • Ownership
    Full
  • Parcel Number
    R L E46691
  • Parking Features
    Common
  • Photos Count
    38
  • Postal Code
    59716
  • Property Sub Type
    Building
  • Property Type
    Commercial Sale
  • Sewer
    Public Sewer
  • Standard Status
    Active
  • Tax Annual Amount
    26683.36
  • Tax Legal Description
    BIG SKY TOWN CENTER PH I, S01, T07 S, R03 E, BLOCK 5, LOT C1, ACRES 0.21, PLAT J-336-D
  • Tax Year
    2025
  • Unparsed Address
    50 Ousel Falls Road
  • Utilities
    Electricity Available, Fiber Optic Available, Phone Available, Sewer Available, Water Available
  • Water Source
    Public
  • Year Built
    2011
Taunya Fagan

Let me show you this listing!

Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.