Commercial Income Property with Development Upside Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33,400-square-foot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels-one improved and one vacant-providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman's strongest commercial corridors. The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub-3% commercial vacancy, reinforcing the property's strong leasing fundamentals and long-term demand. Property Overview o Address: 81211 & 81213 Gallatin Road, Bozeman, MT 59718 o Property Type: Commercial - Retail, Showroom & Warehouse o Total Building Size: 33,400 SF (five condo units) o Land Area: 2.777 acres (two parcels) o Frontage: 337 feet on US Highway 191 South o Occupancy: 100% leased Development Upside The second parcel is entitled for an additional 11,518-square-foot building, offering immediate development potential along highly visible US-191 frontage. The site is currently vacant and development-ready, subject to verification of current permits and entitlements. Cap Rate 7.25% Building & 11,518 SqFt Development parcel.