Bozeman, MT
Commercial Real Estate Market Trends & Data

$418 Avg asking sale price
$26 Avg asking lease rate
5,790 SF Avg unit lease size
7,354 SF Avg building size for sale
6.73% Average cap rate

Bozeman's Demographic Profile

Bozeman has 27,151 households and a median income of $75,174, providing context for rent absorption and tenant demand across retail and multifamily assets. A +14% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 66,236
# Households 27,151
Median age 32
Median household income $75,174
Avg household size 2.0
Renter-occupied housing units 15,099
5-year population change +14%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Bozeman, MT

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Bozeman $488 5,024 SF 6.20%
Butte $563 6,244 SF 6.89%
Nearby Retail Markets Avg Cost/SF Typical Size
Bozeman $535 18,833 SF
Belgrade $448 21,930 SF
Livingston $667 2,400 SF
East Helena $1,055 2,560 SF
Montana City $364 8,218 SF

Commercial Properties For Sale in Bozeman

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Lot 2 Trail Creek Road

Bozeman, MT 59715

  • 33.10 AC Lot
  • 1 Residential Income Lot
  • $1,900,000
For Sale

Lot 3 Trail Creek Road

Bozeman, MT 59715

  • 20.26 AC Lot
  • 1 Residential Income Lot
  • $1,400,000
For Sale

Northeast Bozeman Mixed Use Redevelopment

Bozeman, MT 59715

  • 1.72 AC Lot
  • 1 Commercial Lot
  • $8,200,000
For Sale

1414 S. Willson Avenue

Bozeman, MT 59715

  • 0.33 AC Lot
  • 1 Residential Income Lot
  • $599,000
For Sale

1940 W Dickerson St

Bozeman, MT 59718

  • 11,148 SF Office Building
  • $999,000
For Sale

533 E Mendenhall

Bozeman, MT 59715

  • 1,288 SF Office Building
  • $1,290,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Bozeman pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Bozeman $418 7,354 SF
Manhattan $125 79,375 SF
Belgrade $445 9,455 SF
Gallatin Gateway $473 22,954 SF
Livingston $284 37,586 SF

Regional Demographic Comparison

This comparison places Bozeman alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Bozeman or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Bozeman 66,236 27,151 32 $75,174 2 15,099 14%
Manhattan 2,041 807 41 $66,612 3 245 9%
Belgrade 14,197 5,587 35 $75,168 3 2,260 17%
Livingston 9,887 4,684 45 $56,361 2 1,772 9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Bozeman, MT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Bozeman

View All Commercial Real Estate For Sale in Bozeman
Is Bozeman a good market for a first-time commercial real estate investor?

Bozeman offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Bozeman?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Bozeman. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Bozeman?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Bozeman. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Bozeman compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Bozeman. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Bozeman acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Bozeman, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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