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Exceptional investment opportunity in the heart of Bozeman! .....offering includes two side-by-side income-producing properties at 516 and 520 W Main Street, ideally positioned just west of Willson School and across new Hampton Inn Hotel in Bozeman's midtown redevelopment corridor.

Both operate currently as a combination of residential apartments and vacation rentals, offering immediate cash flow with flexibility for future use. Both buildings have been extensively updated, including electrical, plumbing, furnaces, water heaters, kitchens, and bathrooms. Each unit is separately metered, making ownership and management efficient.

Beyond the current income, both properties present outstanding long-term value. The combined site is adjacent to another parcel that is separately offered for sale, creating the potential for a larger West Main Street assemblage and future redevelopment. Investors may continue operating the properties as income-producing assets or explore redevelopment opportunities in one of Bozeman's most active growth corridors.

The properties also offer flexibility to be purchased individually...but Sellers prefer to sell both together. Whether a Buyer/investor is seeking stable rental income, short-term rental potential, or a strategic land investment with future development upside, this is a rare opportunity in a highly desirable Main Street location.

• Sq Footage
  2919
• Acres
  0.27
• Days on Market
  6

Additional Features

• Building Area Total
  2919
• City
  Bozeman
• Contract Status Change Date
  2026-08-05
• Cumulative Days On Market
  1
• Directions
  Main Street Bozeman
• Exclusions
  Tenant's personal property
• Latitude
  45.679019
• Listing Contract Date
  2026-08-05
• Listing Key
  1179196133
• List Price
  2950000
• Living Area
  2919
• Longitude
  -111.044696
• Lot Size Acres
  0.27000
• Lot Size Square Feet
  11761
• MLS Area Major
  Bozeman City Limits
• MLS Area Minor
  1 S M - Boz Main to Kagy
• MLS Status
  Active
• Original List Price
  2950000
• Originating System Name
  S W M T
• Parcel Number
  R G G3645
• Parking Features
  Common, On Street
• Photos Count
  11
• Postal Code
  59715
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Sewer
  Public Sewer
• Standard Status
  Active
• Subdivision Name
  Story Addition
• Tax Annual Amount
  13003.00
• Tax Legal Description
  STORY ADD, S12, T02 S, R05 E, BLOCK E, LOT 6, & 22' E S LOT 7 Acres: 0.16...and STORY ADD, S12, T02 S, R05 E, BLOCK E, Lot 8, & W8' LOT 7 Acres: 0.11
• Tax Year
  2026
• Unparsed Address
  516 & 520 W Main Street
• Utilities
  Cable Available, Sewer Available, Water Available
• Water Source
  Public
• Year Built
  1910

Let me show you this listing!