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Big Sky Grocery-Anchored Mixed-Use Investmen 66 Market Place Dr 12,157 SF 100% Leased Retail Building Big Sky, MT 59716 $5,500,000 ($452.41/SF)
INVESTMENT HIGHLIGHTS
- Attractive Upside – competitive per-square-foot pricing relative to market comparables
- 1031 Exchange Friendly – ideal acquisition profile for exchange buyers seeking stable, appreciating assets
- Workforce Housing Advantage – five fully built apartments provide much-needed supply in a market with housing shortages
- Anchored by Country Market - a long-standing community cornerstone in Big Sky
- Recent Renovations – significant updates completed between 2017–2019
EXECUTIVE SUMMARY
66 Market Place presents a rare opportunity to acquire an income-producing property in the heart of Meadow Village, Big Sky, Montana. Built in 1972 and renovated in 2000 and again between 2017–2019, the ±12,157 SF building sits on a ±0.292-acre parcel with ample parking and excellent accessibility. As one of the few full-building ownership opportunities in Meadow Village—where most properties are condominiums—this asset represents a unique and irreplaceable investment.
The property includes two ground-floor retail suites—anchored by the long-standing Country Market and a recently opened Ethnic Market—a mix of office and residential units. This mix of retail and residential provides a stable, diversified income stream while addressing Big Sky’s workforce housing shortage. Strong occupancy, long-term tenancy, and straightforward management further enhance the investment profile.
With limited inventory in Meadow Village and growing demand across both retail and housing sectors, 66 Market Place offers investors a compelling long-term upside. Its combination of scale, tenant stability, and conversion potential positions the property as a best-in-class opportunity in one of Montana’s most dynamic resort communities.
The property includes two ground-floor retail suites—anchored by the long-standing Country Market and a recently opened Ethnic Market—a mix of office and residential units. This mix of retail and residential provides a stable, diversified income stream while addressing Big Sky’s workforce housing shortage. Strong occupancy, long-term tenancy, and straightforward management further enhance the investment profile.
With limited inventory in Meadow Village and growing demand across both retail and housing sectors, 66 Market Place offers investors a compelling long-term upside. Its combination of scale, tenant stability, and conversion potential positions the property as a best-in-class opportunity in one of Montana’s most dynamic resort communities.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
12,157 SF
Building Class
B
Year Built/Renovated
1972/2019
Price
$5,500,000
Price Per SF
$452.41
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.29 AC
Zoning
MC-Meadow Center
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Big Sky Grocery-Anchored Mixed-Use Investmen | 66 Market Place Dr
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