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This is a prime investment opportunity in the rapidly growing Mill District of northeast Bozeman. The area is currently undergoing multiple redevelopment projects, such as the Bronkens/Cloverleaf project, Wallace Works, North Ida/East Cottonwood redevelopment, and Block 104. It is also located just one block from popular spots like Wild Crumb Bakery, Treeline Coffee, Finks Deli, and the Wildlands residences. Both lots provide unobstructed views of the Bridger Mountains. The total area is approximately 18,600 square feet, with frontages on East Cottonwood Road and Front Street. The north parcel, measuring about 7,188 square feet, features a renovated 1890s railway warehouse converted into duplex residential units. Each unit comprises four bedrooms and one bathroom, totaling around 1,700 square feet, and they are currently leased for $2,500 per month on a short-term basis. There is additional parking available, and these residences may meet workforce housing obligations. The south parcel is approximately 11,500 square feet and includes a storage warehouse of about 4,875 square feet, currently rented at a below-market rate of $1,500 per month on a month-to-month basis. This warehouse is situated at a potential future connection point between the east section of East Cottonwood Road and the original Front Street. The Citys Transportation Plan envisions reconnecting and upgrading East Cottonwoods extension into Front Street, including roadways and walking/biking paths. Furthermore, it serves as a crucial interconnection for sewer, water, and other utilities for the eastern side of the Mill District. Both parcels are zoned as Northeast Historic Mixed-Use (NEHMU), allowing for residential, commercial, retail, and bar/restaurant uses, along with accessory dwelling units (ADUs). Zoning rights are designated for each parcel, and the two lots support property line adjustments or easements to reallocate sizes between the north and south lots. This creates an exciting opportunity for redeveloping the entire 18,600 square feet site with a mix of commercial and residential uses plus parking. The existing historic warehouse on the north lot is also suitable for renovation into retail, commercial, or office space, making it perfect for a restaurant or brewery, supported by parking in the 60-foot-wide south warehouse.

• Acres
  0.43
• Days on Market
  379

Additional Features

• City
  Bozeman
• Contract Status Change Date
  2025-02-14
• Cumulative Days On Market
  938
• Directions
  Where East Cottonwood intersects with Plum Avenue
• Latitude
  45.686741
• Listing Contract Date
  379
• Listing Key
  1108839356
• List Price
  1950000
• Longitude
  -111.025230
• Lot Size Acres
  0.43
• Lot Size Square Feet
  18731
• MLS Area Major
  Bozeman City Limits
• MLS Area Minor
  1 N E - Boz N of Main/ E of 19th
• MLS Status
  Active
• Original List Price
  1950000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  R G H3151
• Photos Count
  13
• Postal Code
  59715
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Sewer
  Public Sewer
• Standard Status
  Active
• Subdivision Name
  Northern Pacific Addition
• Tax Annual Amount
  13142
• Tax Legal Description
  NORTHERN PACIFIC ADD, S06, T02 S, R06 E, BLOCK 101, TRACT 1 PLAT C-23-A27 LOTS 9-11 & VAC ST, TRACT 5 OF LOTS
• Tax Year
  2024
• Unparsed Address
  725 E Cottonwood Street & 704 Front Street
• Utilities
  Sewer Available, Water Available
• Water Source
  Public
• Year Built
  1895

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