New Listing
$9,500,000
( $279.57Per Sq Foot )
 $50,998 est/mo Sourced by Back At You

516 E Tamarack Street,Bozeman, MT 59715

Bozeman, MT 59715

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Description

516 E Tamarack is 2.54 acres of NEHMU-zoned land inside Bozeman city limits, blocks from downtown and the Cannery District, improved with a 33,981 SF industrial building. At closing, Lattice Materials, an affiliate of the seller, leases it back at a triple-net rate of $17.00/SF for two years, plus a one-year option. Year one of the lease would yield $577,677, with 3% increases. The going-in cap rate is 6.08% at the $9,500,000 ask. Tenancy disclosure: This is a sale-leaseback. The tenant is related to the seller, and the lease begins at closing rather than continuing from a prior term. The two-year term, the $17.00 per square foot starting rent, and the 3% annual increases are proposed terms that will be documented in the purchase agreement. There is no executed lease.

Details

MLS #415695
Listing TypeFor Sale
StyleBuilding
Sub-TypeResale
StatusActive
Year1958
Days On Site1
Listing Provided ByEndState Commercial | Ryan Springer

Features

SQ Feet33,981
ZoningNEHMU
Acreage2.54

Parking

Parking FeaturesAssigned, Paved

Taxes

Tax Annual Amount69620.89

Area Information

StateMT
CountyGallatin
CityBozeman
Zip Code59715
AreaBozeman City Limits
Subarea1NE Boz N of Main | E of 19th
Listing VS Median (in 59715)
Price:
$9,500,000
low | high
Med:
$895,000
100% of Average
sqft:
33,981
low | high
Med:
3,391
100% of Average
$ / sqft:
$280
low | high
Med:
$265
55.196800509892% of Average
On site:
1
low | high
Med:
136
2% of Average
Sourced by Back At You

Market Activity 59715

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All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

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Learn More About This Property

StateMT
CountyGallatin
CityBozeman
Zip Code59715
AreaBozeman City Limits
Subarea1NE Boz N of Main | E of 19th
Listing VS Median (in 59715)
Price:
$9,500,000
low | high
Med:
$895,000
100% of Average
sqft:
33,981
low | high
Med:
3,391
100% of Average
$ / sqft:
$280
low | high
Med:
$265
55.196800509892% of Average
On site:
1
low | high
Med:
136
2% of Average
Sourced by Back At You
Listing Updated: October 22, 2026 at 3:44:58 PM PDT
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