$9,500,000

516 E Tamarack Street, Bozeman MT, 59715

Price per sqft$279.57

Built in1958

Property size33,981 sqft

Property typeCommercial

Overview

Active

Listed Oct 22, 2026

Updated 1h ago

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.

Additional information

MLS^® ID: 415695

Interior Features

Basement: No

Exterior Features

Lot Size: 2.54 Acres

Other Property Details

Taxes: $69,621
Tax Frequency: Annually

Courtesy of Ryan Springer, EndState Commercial

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