259 Cold Iron Road,Big Sky, MT 59730
Big Sky, MT 59730
Description
We are thrilled to present a unique mixed-use commercial and residential investment opportunity in Big Sky, Montana. This property at 259 Cold Iron offers ample space and the potential for additional construction, enhancing rental revenue or business capacity. Ideal for businesses serving Big Sky, this property eliminates the extra costs of transporting equipment and materials by offering on-site storage and fabrication space. It also includes residential housing for owners and employees, saving them from long and costly commutes. With a history of 100% occupancy and an attractive cap rate, this turn-key investment promises immediate returns. Flexible month-to-month leases on most spaces provide the new owner with the option to occupy as needed. Located minutes from Big Sky’s private clubs, such as Spanish Peaks, Moonlight Basin, and Yellowstone Club, 259 Cold Iron offers convenient access for clients and customers. The nearly one-acre property provides ample parking for vehicles, work trucks, trailers, and light industrial equipment. The 6,000 square feet of mixed-use space includes two commercial warehouse spaces, two 4-bedroom apartments, and two 2-bedroom apartments, one of which has been converted into offices. All residential units are fully furnished and equipped with washers, dryers, and even dishes. Built in 2017 and well-maintained, the building comes with management services, ensuring a hands-off investment experience. This exceptional property is a rare find in Big Sky, with a unique combination of residential and commercial elements unlikely to be approved in future developments. The Big Sky economy is booming, with a high demand for various residential and commercial services. Contact your agent for a tour of this incredible mixed-use property and seize the opportunity to invest in this growing community.
Details
| MLS# | 393293 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $2,089 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2017 |
| Days On Site | 289 |
| Listing Provided By | Outlaw Realty | Scott Hammond |
Features
| Zoning | Gallatin Canyon/Big Sky |
|---|
Market Activity 59730
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Learn More About This Property
| State | MT |
|---|---|
| County | Gallatin |
| City | Big Sky |
| Zip Code | 59730 |
| Area | Greater Big Sky |
| Subarea | 5CS Gallatin Canyon South |
| Community Name | Lazy J South |
| Listing VS Median (in Lazy J South) | |
Price: $3,400,000 low | high Med: $479,000 On site: 289 low | high Med: 33.000000 | |
Whitney Fisher | (406) 679-6340 | RRE-RBS-LIC-109239
Billings - 525 Henry Chapple St, Ste 1, Billings, Montana 59102
