259 Cold Iron Road, Big Sky, MT

$3,400,000

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About 259 Cold Iron Road

We are thrilled to present a unique mixed-use commercial and residential investment opportunity in Big Sky, Montana. This property at 259 Cold Iron offers ample space and the potential for additional construction, enhancing rental revenue or business capacity. Ideal for businesses serving Big Sky, this property eliminates the extra costs of transporting equipment and materials by offering on-site storage and fabrication space. It also includes residential housing for owners and employees, saving them from long and costly commutes. With a history of 100% occupancy and an attractive cap rate, this turn-key investment promises immediate returns. Flexible month-to-month leases on most spaces provide the new owner with the option to occupy as needed. Located minutes from Big Sky’s private clubs, such as Spanish Peaks, Moonlight Basin, and Yellowstone Club, 259 Cold Iron offers convenient access for clients and customers. The nearly one-acre property provides ample parking for vehicles, work trucks, trailers, and light industrial equipment. The 6,000 square feet of mixed-use space includes two commercial warehouse spaces, two 4-bedroom apartments, and two 2-bedroom apartments, one of which has been converted into offices. All residential units are fully furnished and equipped with washers, dryers, and even dishes. Built in 2017 and well-maintained, the building comes with management services, ensuring a hands-off investment experience. Also available is the adjacent property at 301/303 Cold Iron. Building 301 offers almost 3,400 square feet of space, including a large warehouse with 16-foot ceilings, two 14-foot garage doors, two offices, a storage room, a loft area, and a restroom. Building 303, similar to 259, features over 6,200 square feet of mixed-use space, comprising two commercial warehouse spaces, two 2-bedroom apartments, and two 4-bedroom apartments, all fully furnished and equipped. This exceptional property is a rare find in Big Sky, with a unique combination of residential and commercial elements unlikely to be approved in future developments. The Big Sky economy is booming, with a high demand for various residential and commercial services. Contact your agent for a tour of this incredible mixed-use property and seize the opportunity to invest in this growing community.

Features of 259 Cold Iron Road

MLS® # 393293
Price $3,400,000
Bathrooms 0.00
Acres 0.00
Year Built 2017
Type Commercial Sale
Sub-Type Building
Status Active

Community Information

Address 259 Cold Iron Road
Area 5CS - Gallatin Canyon South
Subdivision Lazy J South
City Big Sky
County Gallatin
State MT
Zip Code 59730

Amenities

Parking Gravel, Paved
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed July 12th, 2024
Days on Market 114
Zoning CI - Commercial/Industrial
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 2089.25
HOA Fees Freq. Annually

Listing Details

AgentScott Hammond
OfficeOutlaw Realty

Listing Map

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