516 & 520 W Main Street, Bozeman, MT

$2,950,000

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4,872

Square feet

0.27

Acres

About 516 & 520 W Main Street

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 Bozeman's 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 Bozeman's 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.

Features of 516 & 520 W Main Street

MLS® # 413881
Price $2,950,000
Price/sq.ft $606
Square Footage 4,872
Acres 0.27
Year Built 1910
Type Commercial Sale
Sub-Type Building
Status Active

Community Information

Address 516 & 520 W Main Street
Area 1SM - Boz Main to Kagy
Subdivision Story Addition
City Bozeman
County Gallatin
State MT
Zip Code 59715

Amenities

Utilities Cable Available, Sewer Available, Water Available

Interior

Fireplace No

Additional Information

Date Listed August 5th, 2026
Days on Market 34
Zoning B2M

Listing Details

AgentJoe Cobb
OfficeCobb Realty Group
Office Phone406-579-2999

Listing Map

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