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MLS #411272
PRICE$695,000
Belgrade, Montana
205 Fletching Way A A
Active
10Photos

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Leased live/work investment with immediate cash flow in the high-growth Jackrabbit corridor. Built in 2025, this modern mixed-use unit offers strong in-place income with future owner-user flexibility. Unit A is leased at $49,200 annually through April 2027, providing stable income from day one. Ideal for investors seeking predictable returns or future owner-users looking to secure a high-quality space with income in place. The ground floor features approximately 1,240 SF of commercial/shop space with a 12’ x 12’ overhead door, private office, and bathroom—well suited for contractors, trades, or small businesses. Upstairs, the residential unit offers approximately 1,170 SF with two bedrooms, two full bathrooms, open-concept living, walk-in pantry, in-unit laundry, and a private balcony. Live/work units of this quality are extremely limited in the market, with strong demand for flexible industrial/residential space. Low-maintenance, new construction in one of the Gallatin Valley’s fastest-growing commercial corridors.
- Bedrooms
2 - Bathrooms
3 - Sq Footage
2419 - Days on Market
15
- Type: Commercial Sale
- Subtype: Condominium
- Year Built: 2025
- HOA Cost: 50.00
- HOA Frequency: Quarterly
- Heating: Baseboard, Electric, Natural Gas, Space Heater
- Cooling: Central Air
- Price/SqFt: $287
Listing Provided By Starner Commercial Real Estate, Lauren John
Additional Features
- Association Fee
50.00 - Association Fee Frequency
Quarterly - Bathrooms Total Integer
3 - Bedrooms Total
2 - Builder Name
Ninth Element / Black Mountain Architecture - Building Area Total
2419 - City
Belgrade - Contract Status Change Date
2026-05-06 - Cooling
Central Air - Cooling
Yes - Cumulative Days On Market
245 - Directions
On the west side of Jackrabbit Lane, behind Fiesta Mexicana - Documents Count
1 - Heating
Baseboard, Electric, Natural Gas, Space Heater - Heating
Yes - Latitude
45.761782 - Listing Contract Date
15 - Listing Key
1160408916 - List Price
695000 - Living Area
2419 - Longitude
-111.188061 - MLS Area Major
Belgrade - MLS Area Minor
3 S - Belgrade Area S of I90 - MLS Status
Active - Original List Price
695000 - Originating System Name
S W M T - Ownership
Full - Parcel Number
R F F87456 - Photos Count
10 - Postal Code
59714 - Property Sub Type
Condominium - Property Type
Commercial Sale - Sewer
Public Sewer - Standard Status
Active - Subdivision Name
Jackrabbit Reserve - Tax Annual Amount
3191.00 - Tax Legal Description
JACKRABBIT RESERVE MAJOR SUB, S11, T01 S, R04 E, Lot 13, ACRES 0.3, PLAT J-728 - Tax Year
2025 - Unit Number
A - Unparsed Address
205 Fletching Way A - Utilities
Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available - Water Source
Public - Year Built
2025

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.