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MLS #406104

PRICE$5,500,000

Big Sky, Montana

48 Market Place

Active
48 Market Place, Big Sky, Montana

64Photos

Taunya Fagan

Let me show you this listing!

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
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.