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24268593
24268594

205 Fletching Way, Belgrade, MT 59714 For Sale

LJ
MT 52525
Starner Commercial Real  Estate
Listed by Starner Commercial Real Estate
$1,954,000
389 days on market
Updated 5 days ago

Jackrabbit Reserve Live/Work Building

Details
Property Type Office, Industrial (+1)
Sub Type Traditional Office, Warehouse
Square Footage 7,249
Units 3
Cap Rate 6.66%
NOI $130,173
Occupancy 100%
Price per SqFt $270
Year Built 2025
Stories 2
Acreage 0.300
Zoning Commercial Corridor

Industrial | 7,249 SqFt

Marketing description

Situated just south of I-90 and west of Jackrabbit Lane on Fletching Way, this newly constructed live/work property offers a rare opportunity to acquire a fully leased, income-producing asset in one of the Gallatin Valley’s fastest-growing commercial corridors. Completed in 2025, the property features three thoughtfully designed mixed-use units combining functional commercial space with modern residential living. Each unit includes approximately 1,245 SF of ground-floor shop/warehouse space with a private office, bathroom, and 12’ x 12’ overhead door, ideal for contractors, small businesses, trades professionals, or storage users. Above each commercial space is an approximately 1,170 SF two-bedroom, two-bathroom residential unit featuring an open-concept kitchen and living area, walk-in pantry, in-unit laundry, and private balcony. 

The property is 100% leased with strong in-place income, providing investors immediate cash flow and minimal anticipated maintenance due to the property’s brand-new construction. Conveniently located near Jackrabbit Lane and Interstate 90, the asset benefits from continued growth throughout the Belgrade and greater Bozeman market. 

Investment highlights

  • Fully leased stabilized asset
  • Annual Gross Rental Income: $143,400
  • Brand-new 2025 construction
  • Minimal maintenance anticipated
  • Rare live/work product in high-growth corridor
  • Strong tenant demand for flexible industrial/residential space

Listing Contacts

LJ
MT 52525
Starner Commercial Real  Estate
Listed by Starner Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$130,173.00
$10,847.75/mo

Valuation Metrics

0
DSCR
6.66%
Cap Rate
6.66%
ROI

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Additional Information

Name
Lauren John
License
52525
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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