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Rare two-parcel investment and redevelopment opportunity in Bozeman's rapidly evolving northeast corridor. The offering includes approximately 18,600 SF of land across two separately deeded parcels, a historic 4,875 SF warehouse, and a recently renovated, fully leased duplex generating more than $5,000/month in rental income.

The 725 E. Cottonwood parcel includes the historic warehouse on approximately 11,500 SF of land, currently leased month-to-month. The adjacent 704 Front Street parcel includes the renovated duplex. Together, the parcels offer flexibility for an investor to retain in-place income, pursue adaptive reuse or redevelopment of the warehouse parcel, or evaluate a larger combined development strategy.

Zoned NEHMU, the property offers a broad range of potential uses including residential, commercial, retail, restaurant, office and adaptive reuse, along with the potential for additional ADUs under current regulations. Preliminary architectural concepts illustrate one potential redevelopment scenario for the warehouse parcel; concepts are for illustrative purposes only and have not been entitled. Buyer to independently verify all zoning, permitted uses, development potential and feasibility.

Located just one block from Wild Crumb Bakery, Treeline Coffee and Fink's Deli, the property is positioned within one of Northeast Bozeman's most active areas of continued investment and redevelopment. Nearby projects, improvements around the train depot, continued neighborhood growth and the prospect of future Opportunity Zone designation provide additional potential long-term upside, subject to applicable governmental action and eligibility requirements.

A compelling opportunity for an investor, owner-user or developer seeking a combination of land, existing income, historic character and future redevelopment potential.

• Sq Footage
  8275
• Acres
  0.43
• Days on Market
  563

Additional Features

• Building Area Total
  8275
• City
  Bozeman
• Contract Status Change Date
  2025-02-14
• Cooling
  None
• Cumulative Days On Market
  1105
• Directions
  East Cottonwood intersects with Plum Avenue
• Documents Count
  1
• Latitude
  45.686741
• Listing Contract Date
  2025-02-14
• Listing Key
  1108839356
• List Price
  1950000
• Living Area
  8275
• Longitude
  -111.025230
• Lot Size Acres
  0.42700
• Lot Size Square Feet
  18600
• MLS Area Major
  Bozeman City Limits
• MLS Area Minor
  1 N E - Boz N of Main/ E of 19th
• MLS Status
  Active
• Original List Price
  1950000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  R G H3151
• Parking Features
  Common, Gravel
• Photos Count
  14
• Postal Code
  59715
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Sewer
  Public Sewer
• Standard Status
  Active
• Subdivision Name
  Northern Pacific Addition
• Tax Annual Amount
  13142.18
• Tax Legal Description
  NORTHERN PACIFIC ADD, S06, T02 S, R06 E, BLOCK 101, TRACT 1 PLAT C-23-A27 LOTS 9-11 & VAC ST, TRACT 5 OF LOTS
• Tax Year
  2024
• Unparsed Address
  725 E Cottonwood Street & 704 Front Street
• Utilities
  Cable Available, Electricity Available, Sewer Available, Water Available
• Water Source
  Public
• Year Built
  1895

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