725 E Cottonwood Street & 704 Front Street
Bozeman, Montana 59715

$1,950,000

MLS #399646

Listing Details

  • 0.43Acres
  • $1,950,000Price

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.

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725 E Cottonwood Street & 704 Front Street725 E Cottonwood Street & 704 Front Street725 E Cottonwood Street & 704 Front Street725 E Cottonwood Street & 704 Front Street

Additional Features

  • City
    Bozeman
  • Contract Status Change Date
    2025-02-14
  • Cumulative Days On Market
    734
  • Directions
    Where East Cottonwood intersects with Plum Avenue
  • Latitude
    45.686741
  • Listing Contract Date
    2025-02-14
  • Listing Key
    1108839356
  • List Price
    1950000
  • Longitude
    -111.025230
  • Lot Size Acres
    0.43000
  • Lot Size Square Feet
    18731
  • MLS Area Major
    Bozeman City Limits
  • MLS Area Minor
    1 N E - Boz N of Main/ E of 19th
  • 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
Jody Savage

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Listing Provided By Starner Commercial Real Estate, Lauren John

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 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.

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 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.

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.

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.