Active
259 Cold Iron Road
Big Sky MT, 59730
$3,400,000
Active
Commercial
Built in 2017
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.
393293
MLSⓇ ID
July 12, 2024
Listed
October 1, 2024
Updated
Map
259 Cold Iron Road
Big Sky MT, 59730
Other Property Details
Area Name
Greater Big Sky
Taxes
$6,791
Tax Frequency
Annually
Days on Market
73
Association Fee
$2,089
Association Fee Frequency
Yearly
Garage
No
Parking
Gravel, Paved
View
No
County
Gallatin
Pool
No
Zoning
Gallatin Canyon/Big Sky
Courtesy of Scott Hammond, Outlaw Realty
Based on information from Big Sky Country MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Zaremba Potts Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
© 2024 Big Sky Country MLS.