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1200 E Main St
Bozeman, MT 59715
Wandering Buffalo · Hospitality Property For Sale · 35,563 SF

INVESTMENT HIGHLIGHTS

  • Existing 38 room hotel with an estimated $12M+ replacement cost.
  • flexibility to maintain the in-place cash flow as a hotel or workforce housing, or upside to develop 150+ units or 200+ keys.
  • Completed rezone to B-2M–Downtown Bozeman’s most favorable and flexible zoning for development.
  • Peak NOI of $900k in 2022 when property was fully leased as workforce housing.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.13 AC
Building Size 35,563 SF
No. Stories 3
Year Built/Renovated 1954/2025
Parking Ratio 0.89/1,000 SF
Corridor Interior
Zoning 6

AMENITIES

  • Fitness Center
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-0799-08-2-01-20-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,404,408
  • Listing ID: 31522371

  • Date on Market: 4/16/2024

  • Last Updated:

  • Address: 1200 E Main St, Bozeman, MT 59715

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