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Ali Holbrook

ali.holbrook@engelvoelkers.com +1(406) 599-5666

$ 2,299,000

Est. payment -/mo

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Active

101 N Rouse AVE Bozeman, MT 59715

3,700 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $621

MLS Listing ID 410791

Year Built 1905

Annual Tax Amount $21,647

Tax Year 2025

Lot Size 3,698 Sqft

Acres 0.0849

Property Sub-Type Building

Property Description

Introducing the Iconic Bozeman Taproom building for sale. This historic Bozeman Building received the Bozeman Beautification Award in 2016 for after an extensive remodel. The remodel included a completely new steel internal structure, new foundation and concrete floor, new walls, electrical, plumbing, HVAC, fire suppression system, rooftop, windows, doors, etc. the only part of the building that was saved was the original exterior brick and the some of the interior ceiling joist/timbers. The building includes two separate spaces; the Taproom Bar and a smaller separate office/retail space currently being used as a Real Estate Brokerage. This sale does not include either of the businesses. Both spaces are currently leased. The Taproom just renewed their lease for an additional 5 more years with two more consecutive options thereafter. The Real Estate Brokerage's current Lease ends July 1st 2026. The leases are both a true Triple Net; the tenants pay all taxes, common area expenses, utilities, garbage, etc. Rents total 91,822.44 with a 3% annual escalator. If your looking for a property with some serious upside there is the potential to turn the office/retail unit into a “Speak Easy” Bar and/or liquor store by utilizing the full Liquor License from the neighboring Taproom. This would have to be negotiated with the owners of the Taproom business but they are completely open to the idea. The Taproom Restaurant and Bar has a main floor area that is approximately 2700 SF with an additional 950sf of rooftop deck and patio space. The owners of the Taproom bar have expressed interest in enclosing the rooftop patio to create a year round space. There is also a small ~300 sf basement that is used for food storage, utilities and a dish washing area for the restaurant. The separate office/retail unit is approximately 1050 sf which includes its own full Kitchen, a bathroom, and 3 small offices with a large open office area. The office has its own heating and cooling but shares water and sewer. If you are looking for a very stable worry free investment in downtown Bozeman properties like this don't come around very often.

Location

State MT

County Gallatin

Area Bozeman City Limits

Zoning Downtown Bozeman

Direction N on Rouse Ave, Building at Corner of Rouse and Mendenhall

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features On Street

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Water Access Desc Public

Building

Builder Name Intrinsik Architecture

Sewer Public Sewer

Water Public

Others

Tax ID RGH5035

Ownership Full

Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, 3rd Party Financing

Special Listing Condition None

Listed by Realty One Group Peak

NEARBY SCHOOLS & PROPERTIES

Ali Holbrook

Advisor | License ID: 45274

+1(406) 599-5666

Ali Holbrook

101 N Rouse AVE Bozeman, MT 59715

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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101 N Rouse AVE