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MLS #406104
PRICE$5,500,000
Big Sky, Montana
48 Market Place
Active
64Photos

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Introducing 48 Market Place, a great opportunity for whole-building ownership in the heart of Big Sky’s Meadow Village. Originally constructed in 2007, it spans over 8,000 square feet and features a diverse mix of commercial and residential spaces — offering income, flexibility, and long-term investment potential in one of Montana’s most desirable mountain communities. The property underwent significant interior renovations within the past 3–4 years, introducing updated finishes, modern systems, and refreshed interiors throughout. The building includes two street-level commercial suites — one currently leased to a thriving local coffee shop, and the other, formerly a real estate showroom, beautifully finished and ready for a new concept ideal for retail, office, or professional use. Both spaces benefit from nearly 1,300 square feet of basement storage, providing valuable additional space for operations or inventory. The residential spaces have been thoughtfully updated and provide excellent income potential or flexible housing options for on-site management or staff. The units include one spacious five-bedroom apartment (each bedroom with individual locks and two showers), one three-bedroom residence with a private bath, and one luxury three-bedroom unit featuring two full bathrooms, large picture windows, Subzero refrigerator, and beautiful mountain views. Located in Big Sky’s established Meadow Village commercial core, 48 Market Place is surrounded by anchor tenants such as American Bank, the Post Office, and Country Market, along with local restaurant favorites Olive B’s and Michelangelo’s. With year-round visibility, accessibility, and consistent traffic from residents and visitors alike, this well-maintained, mixed-use property represents a rare opportunity to own a proven, income-producing asset in the heart of Big Sky. 48 Market Place — own a cornerstone of the Meadow Village community. Reach out today to schedule your private tour.
- Sq Footage
8165 - Acres
0.1617 - Days on Market
13
- Type: Commercial Sale
- Subtype: Building
- Year Built: 2007
- HOA Cost: 18270
- HOA Frequency: Annually
- Heating: Forced Air
- Cooling: Central Air
- Price/SqFt: $674
Listing Provided By Outlaw Realty, Michael Pitcairn
Additional Features
- Association Fee
18270 - Association Fee Frequency
Annually - Building Area Total
8165 - City
Big Sky - Contract Status Change Date
2025-10-21 - Cooling
Central Air - Cooling
Yes - Cumulative Days On Market
6 - Directions
Lone Mountain trail to Meadow Center - Documents Count
1 - Heating
Forced Air - Heating
Yes - Latitude
45.267572 - Listing Contract Date
13 - Listing Key
1144215117 - List Price
5500000 - Living Area
8165 - Longitude
-111.290947 - Lot Size Acres
0.1617 - Lot Size Square Feet
7044 - MLS Area Major
Greater Big Sky - MLS Area Minor
5 B M V - Big Sky Meadow Village - MLS Status
Active - Original List Price
5500000 - Originating System Name
S W M T - Ownership
Full - Parcel Number
R K E54212 - Parking Features
Common - Photos Count
64 - Postal Code
59716 - Property Sub Type
Building - Property Type
Commercial Sale - Sewer
Public Sewer - Standard Status
Active - Subdivision Name
Meadow Village - Tax Annual Amount
19568 - Tax Legal Description
MEADOW VILLAGE CENTER CONDO, S36, T06 S, R03 E, UNIT 3A, MINOR SUB 91C LOT 1A-1 - Tax Year
2024 - Unparsed Address
48 Market Place - Utilities
Electricity Available, Fiber Optic Available, Propane, Sewer Available, Water Available - Water Source
Public - Year Built
2007

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.