516 & 520 W Main Street
Bozeman, Montana 59715

$2,950,000

MLS #413881

Listing Details

  • 4872Sq Footage
  • 0.27Acres
  • $2,950,000Price

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 Bozemans 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 Bozemans 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.

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516 & 520 W Main Street516 & 520 W Main Street516 & 520 W Main Street516 & 520 W Main Street

Additional Features

  • Building Area Total
    4872
  • City
    Bozeman
  • Contract Status Change Date
    2026-08-05
  • Cumulative Days On Market
    20
  • Directions
    Main Street Bozeman
  • Documents Count
    2
  • Exclusions
    Tenants personal property
  • Latitude
    45.679019
  • Listing Contract Date
    2026-08-05
  • Listing Key
    1179196133
  • List Price
    2950000
  • Living Area
    4872
  • 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
    12
  • 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
  • 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
Jody Savage

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Listing Provided By Cobb Realty Group, Joe Cobb

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.

What our clients are saying:

Jody Savage is knowledgeable, trustworthy and tireless. I purchased a property this spring (2017) near Bozeman; Jody represented me as well as the seller in the transaction. Jody led me through the entire process because this was the first property I had ever purchased. HOA complications and other details made the purchase more difficult. Jody undertook a boat-load of legwork to make the transaction go smoothly. I hope to work with Jody again.

J.D.

My wife and I used Jody Savage for the sale of our home in Gallatin Gateway, MT. Jody was exceptional in all phases of our sale. We had multiple offers over asking price and sold our home in two days! Jody uses up to date modern marketing, was extremely professional and knowledgeable regarding our market and addressing our needs. She was great to work with and very responsive to any questions we had. Jody is the best in the business and we highly recommend her services!

G.B.

Jody is amazing. She knows the market and was able to advise us on all our many concerns. We so appreciated how responsive she was; within minutes of submitting an online request for realtor contact on a house, she had called us. All our communications with her were like that; we never had to wait long to hear back from her. She was patient and always willing to sit down and meet with us. When we found the house we wanted, she worked tirelessly to secure it for us, and she was extremely patient with us. She was easy to communicate with, understand, and a pleasure to work with – I highly recommend Jody!

J.T.

Jody was awesome to work with. We were new to the area and she was helpful and knowledgeable about not only the housing market, but schools, and lenders. She worked with my work schedule for showings. Jody also stayed late to write an offer to meet our schedule. I would recommend Jody to anyone needing a realtor.

M.L.

Jody is FANTASTIC!! We were first time home buyers and she was with us ever step of the way! She never made us feel silly for being new to the process. She definitely knows the area, always kept us up to date on new listings and was just a delight to work with. I would have absolutely zero hesitation recommending her to anyone. Thanks for all the hard-work Jody! We love our house!

K.G.