259 Cold Iron Road
Big Sky, MT 59730

ACTIVE
$3,400,000

Listing Courtesy of Scott Hammond, Outlaw Realty

Listing #393293

Building

Type

About this property

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.

property features

Location Information

MLS Area

Gallatin Canyon South

Subdivision

Lazy J South

Longitude

-111.253811

Latitude

45.24786

Directions

191 South, right on Lazy J, first right on Cold Iron Rd. Located on the west side of road

INTERIOR FEATURES

Interior

Square Feet

Bedrooms

Full / Half Baths

/ 0

Heating

Half Baths

0

Cooling

Floors

Laundry

Basement Description

Exterior FEATURES

Style

Stories

0

View Description

Exterior

Parking Description

Gravel,Paved

Garage Spaces

0

Lot Size in Acres

NA

Water

Zoning

CI - Commercial/Industrial

Patio / Deck Description

Fencing

ADDITIONAL INFORMATION

Year Built

2017

Roof/Attic

Property SubType

Building

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2024-09-07 20:01:14 PM MT

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