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DOWNTOWN BELGRADE NNN LEASED INVESTMENT PROPERTY WITH A 10 YEAR LEASE AT 6.4%+ CAP RATE!

Looking for a solid long-term income stream?  Want an ideal location?  Prefer multi-tenant to hedge the risk of vacancy?  Like a hedge against inflation with annual increases tide to CPI?  Desire value-add opportunity with room to expand?  Enjoy working with creative, open-minded Sellers?

This property has it all!  It is a 4000sf building with the possibility of expansion in block 1 of the original townsite of Belgrade, MT across the street from the large public parking lot.  The main floor tenant (over 70% of the current leasable space) recently signed a 10-year absolute NNN lease with annual CPI (with 3% minimum) increases.  5 of 6 upstairs (could easily be 8) smaller offices leased on 1yr NNN leases (with one being a gross lease).  $77,500+ NOI!
 Call on this one today.
#406539

Belgrade

23 W Main Street

None Beds

None Baths

4,000 Sq.Ft.

$1,200,000

MLS#: 406539

Set within the private Bear Paw Ponds community, this 20.04-acre parcel offers rolling terrain and expansive mountain and down-valley views across a quiet, open landscape. The lot sits adjacent to one of the community fishing ponds, creating a serene backdrop and a strong sense of connection to the surrounding land.

Bear Paw Ponds is known for its shared private year-round recreational amenities, including maintained hiking trails and 10K of groomed Nordic ski trails reserved for residents. These features are thoughtfully integrated into the landscape, emphasizing access to outdoor recreation while preserving space, views, and privacy throughout the neighborhood.
The parcel’s size and topography allow for flexible siting opportunities that take advantage of view corridors and natural contours. Area wildlife and open surroundings further enhance the sense of retreat. 

Located just a short drive from the amenities, dining, and recreation of Big Sky and Big Sky Resort, it offers a balance of privacy, scenery, and accessibility. This is a rare opportunity to secure acreage, views, and shared recreational access within an established private neighborhood
#407651

Big Sky

Lot 7 Trout Pond Lane

None Beds

None Baths

20.04 acres

$1,200,000

MLS#: 407651

Nestled at the end of a quiet and private cul-de-sac in Big Sky’s Cascade Subdivision, this exceptional homesite offers a rare combination of convenience, privacy, and breathtaking mountain scenery. The lot features gentle topography, providing an ideal and highly usable build site for your future mountain retreat.

Mature trees have been thoughtfully left in place, allowing a future owner the flexibility to selectively thin and shape the landscape to suit their desired level of privacy while maximizing surrounding viewsheds. Stunning views of Lone Mountain take center stage, complemented by expansive down-valley vistas that capture the beauty of Big Sky in every direction.

Located just a short walk from the White Otter 2 and Cascade 3 ski lifts, this property offers outstanding access to world-class skiing while maintaining a peaceful and secluded setting. A truly special opportunity to create a custom mountain home in one of Big Sky’s most sought-after locations.
#411294

Big Sky

TBD Washakie Road

None Beds

None Baths

0.842 acres

$1,200,000

MLS#: 411294

78 Acres of Montana Property for Sale bordering National Forest for over ½ of a mile. This property is situated in the Elkhorn Mountains. It features its own private, gated road with several cabin sites, making it ready for you to pull your camper today or build a mountain getaway. This property comprises four individual properties, making it an excellent opportunity to purchase with family or friends. From this property, you can walk or ride out onto the National Forest and go for miles and miles. The fact is, this property borders more National Forest property than you could cover in a lifetime! The views appear to have been straight out of a postcard from Montana. Enjoy the neighbors – Elk, Deer, Moose, Big Horn Sheep, and black bear. This property is located in one of Montana’s trophy Elk hunting districts and is situated within a wildlife management area. This management strategy provides the elk with a safe wintering habitat, which is a significant factor contributing to the high number of large bulls in the Elk Horn Mountains. There are enough elk here that you can even apply for an extra cow elk tag. This also means that access is limited during the winter, and motorized vehicles are not allowed from December 2nd to May 15th every year. This is a Forest Service closure to protect the winter grounds for wildlife. The road is open in the Spring, Summer, and during the Fall hunting season. There are miles of roads to run your ATV on or take a drive on with your truck and enjoy the Montana mountains. Enjoy all remote Montana has to offer, but you're still only 15 miles from Townsend, where you can get all the supplies you need and even a warm meal and a cold beer! And you're only 40 miles south of Helena and about 65 miles north of Bozeman, MT. That also means you're only 20 miles from Canyon Ferry Lake. Fishing on Canyon Ferry is off the charts good; the lake is full of Trout, walleye, Pike, and Perch. This also means that the Missouri River is only 15 miles away, boasting world-renowned fly fishing, making the Missouri a true Gem, you have a hard time finding a better location! This is the place to build your mountain escape, where you can imagine listening to elk bugling from your deck or while sitting around the campfire. If you have dreamed of this, this is the property for you.
#406164

Townsend

TBD Indian Creek Road

None Beds

None Baths

77.93 acres

$1,200,000

MLS#: 406164

Commercial frontage on HWY 287 at McAllister, Montana.  No covenants, zoning or restrictions on this property, virtually a blank slate to to allow a new owner a variety of options.  An existing duplex is on-site and available to be converted into a variety of uses.  Seller would remove the residence if a new owner would not want the residence.  Approximately 8.345 acres.  Adjacent to McAllister post office.  Ideal location for travel center, gas station, C-store, storage or RV Park.  Additional photos and information to follow.
#402593

McAllister

5559 287 N HWY 287 Highway

None Beds

None Baths

N/A

$1,200,000

MLS#: 402593

This exceptional Middle Creek Parklands home offers true single-level living at its finest. Backing to the expansive open space to provide wonderful morning sunrises and sweeping Bridger Mountain views. The spacious, open-concept floor plan features 4 bedrooms, 2.5 bathrooms, and 2,506 square feet of thoughtfully designed living space, complemented by a three-car tandem garage with epoxy floors and a 220-volt outlet. The upgraded kitchen showcases stainless steel appliances, a range and wall oven, quartz countertops, pantry, and beautiful wood flooring throughout the main living areas. Abundant natural light fills the home, enhancing both comfort and style. Recent improvements include a newly painted exterior (2024), new kitchen countertops, fresh interior paint in the living areas and trim, a new refrigerator and stove and new carpets in the primary bedroom. Nice extras include a water softener, air conditioning, and a matching storage shed provides convenient access from both the garage and backyard and extended patio for exterior intertwining or soaking in the  hot tub. Middle Creek Parklands is known for its generous park spaces, walking trails, and proximity to schools.
#408273

Bozeman

254 Pattee

4 Beds

2 Baths

2,506 Sq.Ft.

$1,200,000

MLS#: 408273

Perched on 6.67 acres with elevated, sweeping views of the Madison Range and Valley, this exceptional Shining Mountains property offers the perfect blend of craftsmanship, comfort, and Montana lifestyle. this 2,062± sq ft home showcases quality finishes and thoughtful design throughout. The open-concept living area features vaulted wood ceilings, expansive windows that frame the stunning scenery, a cozy gas fireplace, and beautiful English oak hardwood floors. The kitchen is both functional and striking, with quartz countertops, custom cabinetry, a large island with storage, double ovens, a 5-burner gas range, decorative tin backsplash, and a spacious pantry tucked behind a rustic custom door. The primary suite is a true retreat, highlighted by a reclaimed wood ceiling, abundant natural light, and a spa-like ensuite complete with heated floors, iron clawfoot tub, walk-in tile shower, and a custom vanity with a large farmhouse sink. Two additional guest bedrooms share a bathroom featuring a freestanding tub and double vanity with reclaimed wood accents. Additional features include a dedicated laundry room with two washers, one dryer, and utility sink behind a barn door, a hardwired speaker system throughout, propane forced air heat, full water filtration system (no-salt softener), Generac generator, and an oversized heated two-car garage. Above the garage, a 612± sq ft apartment with private entrance offers excellent income potential or guest accommodations. This space includes reclaimed wood accents, an open bedroom (easily convertible to a private room), kitchen, laundry, bathroom with heated floors, and a deck overlooking Alton Ranch. Outdoor living is equally impressive with large covered and uncovered deck areas perfect for enjoying the panoramic views. The naturally landscaped yard features native rocks and wildflowers, creating a low-maintenance and picturesque setting, along with a fire pit ideal for relaxing evenings under the big Montana sky. The property also includes an 8x16 shed and borders Alton Ranch to the north. Located in the Shining Mountains subdivision, owners enjoy access to a private recreational area with Haypress Lakes and adjoining State Land, ideal for fishing, hiking, and outdoor adventure. Conveniently situated between Ennis and Bozeman, this property offers both tranquility and accessibility. A rare opportunity to own a beautifully crafted home with income potential, stunning views, and unmatched access to Montana recreation.
#409737

Ennis

108 Deerfoot Trail

3 Beds

2 Baths

2,674 Sq.Ft.

$1,200,000

MLS#: 409737

Built in 1925 on a 3,500 sq. ft. lot with a total of 4,750 sq. ft. of space, this beautiful historic building offers multi-faceted income potential. The main floor provides a successful retail space where the Obsidian Collection operates, a charming store front, storage, office, and half bath. Towards the back of the building is the 2nd Street Suite - a successful 1bd/1ba short-term vacation rental. Three office suites with a solid rental history, a sitting room and restroom occupy the second floor, perfect for professionals needing a downtown office space. Situated in the heart of the thriving downtown, the location doesn’t get much better. With the Post Office across the street, and steps away from many popular downtown businesses like the Empire Theater, Coffee Crossing, The Owl Lounge and Engine Room Pizza, this property is in the middle of it all!
#408675

Livingston

108 N 2nd Street

1 Beds

None Baths

5,630 Sq.Ft.

$1,200,000

MLS#: 408675

This Livingston Island property offers a rare opportunity to own a large acreage property in the heart of Livingston. Blending comfort and privacy, this riverfront property boasts mature cottonwood trees, a 3,419 square foot home with remodel opportunities, as well as close proximity to your favorite local shops and restaurants in Downtown Livingston. Located less than a mile from Downtown Livingston, this 4.3+/- acre parcel represents a rare opportunity for elbow room close to Livingston city limits and nearby parks. The residence features 3 bedrooms, 3 bathrooms, with a large living area. Built in 1950, it’s large footprint shows the potential for renovation. The residence showcases large windows, framing the mature trees and quiet side channel of the Yellowstone River. Livingston sits right along the banks of the Yellowstone River, blending historic charm with the energy of a mountain town. Classic brick buildings house art galleries, local shops, and lively restaurants, all just minutes from one of the West’s most iconic rivers. The Yellowstone winds past town with broad bends and sweeping views of the Absaroka Mountains, giving Livingston a unique mix of culture and scenery that few places can match. Come tour today.
#411943

Livingston

9th St Island Drive

3 Beds

3 Baths

3,419 Sq.Ft.

$1,200,000

MLS#: 411943

Excellent investment opportunity! This well-maintained apartment building offers strong, consistent cash flow with solid rental history and high occupancy rates. Featuring multiple units with desirable layouts, this property attracts long-term tenants and provides reliable income. Convenient location with easy access to amenities adds to its appeal. Whether you’re expanding your portfolio or stepping into multi-family investing, this is a great income-producing asset. Info deemed reliable but not guaranteed. Buyer/buyer agent to verify
#410425

Scobey

101 2nd Avenue W

None Beds

None Baths

N/A

$1,200,000

MLS#: 410425

Enjoy stunning, tremendous, uninterrupted views from the front porch of this modest custom post and frame home that sits on 21 acres. This home offers 3 bedrooms, 2-1/2 baths with an open floor featuring 10 ft ceilings. The primary suite has its own exterior door to the back porch for convenience. One of the two other bedrooms has been set up as a home office with multiple circuits and its own thermostat for the radiant floor heat. Some of the amenities include a gas JennAir cooktop & high-end kitchen appliances, tankless water heater, walk-in primary shower, & radiant in-floor heating in house and in the oversized shop/garage. The front porch is perfect for sitting and watching the sunrise across the panoramic vista toward Big Sky-Spanish Peaks & Hollowtop mountain in the Tobacco Root range, or passing time with the local mule deer and antelope, while the covered back porch offers folding large, three-panel glass patio doors.  
The famous “Bleu Horses” sculptures are right out your front door, miles of bike riding just across the road, & easy access to Three Forks and the Missouri River. This home is about as perfectly positioned centrally for your outdoor adventures as you can get. Pipestone and Radarsburg ORV areas are nearby as well as Bridger Bowl and Big Sky. Gallatin, Madison and Jefferson Rivers are right down the hill. 
  A back-up generator to support the entire house and a wood burning stove for ambiance or back-up heat on those super-frosty winter days. Pre-wired for a hot tub under the rear porch or to the side siding. 
The shop/garage has in-floor heat throughout and is backed-up with 2 electric heaters, each capable of heating the entire insulated space individually. Each garage door is powered by very quiet Chamberlain direct-drive, smart, garage door openers that sync with the Ring security system. The home has an oversized gravel driveway with plenty of space to turn around behind/beside the shop/garage for even the largest fifth-wheel camper/trailer.  It also has an RV dump inside the garage and the septic clean-out outside can be used for this as well. With RV 20/30/50 amp outlets outside and 20/30 amp RV outlets inside, 2 water hydrants, wiring for 4-post car lift & thickened concrete under the foot positions for this, multiple circuit wiring, large central floor drain, utility sink, and separate dedicated circuits for garage fridge and freezers this shop/garage is ideal for anyone with “projects”. Schedule your showing today!
#410239

Three Forks

88 Hilltop Vista Loop

3 Beds

2 Baths

1,920 Sq.Ft.

$1,200,000

MLS#: 410239

Bob Marshall Wilderness Tap House & Grill- If you have dreamed of creating your own tap house in the recreation destination of Seeley Lake, this is it! This nearly level 20 acres of vacant land fronting on the scenic fishery of Morrell Creek is located on Highway 83 right on the southern entry in to Seeley Lake. Property is already served by Seeley Lake Water District & electric & fiber are installed. Ground water monitoring has been complete & permitted for the max of 5,000 gpd. This should allow a tap house/ grill & 3 creek front rental cabins or a large hotel. Additional non-consumptive ponding potential exists by using existing water rights to an irrigation canal flowing by the proposed tap house location. The Bob Marshall Music Festival has been held here. Broker owned
#413310

Seeley Lake

2980 Hwy 83 N

None Beds

None Baths

20.01 acres

$1,200,000

MLS#: 413310

New on site 1 day ago
Bordering Beaverhead National Forest and located directly across from Maverick Mountain Ski Area, this custom mountain home sits on 2.25 wooded acres in the heart of the Grasshopper Valley. Along the scenic Pioneer Mountains Byway, it offers the rare combination of privacy, exceptional craftsmanship, and year-round recreation in one of Southwest Montana’s most desirable mountain settings.
Offering approximately 4,000 square feet with seven bedrooms and five bathrooms, the home was designed for gathering family and friends while embracing everything Montana has to offer.
The great room is anchored by a floor-to-ceiling Montana stone fireplace featuring a handcrafted mantel and custom light fixture built from reclaimed beams salvaged from a historic local mine. Andersen windows frame mountain views throughout the home, while custom railings, detailed tile work, cedar siding, and a wraparound mahogany deck showcase timeless craftsmanship and quality. 
The spacious kitchen features leathered granite countertops, custom cabinetry, premium appliances, and a large island designed for everyday living and entertaining. The walk-out lower level includes a second stone fireplace, generous gathering space, and additional bedrooms, making the home equally suited for quiet weekends or hosting large groups.
Step outside to ski Maverick Mountain, snowmobile directly from the property, hike and hunt in Beaverhead National Forest, or enjoy nearby blue-ribbon fishing—all just minutes from your front door.
Mountain homes in locations like this rarely become available. Combining authentic craftsmanship, an unbeatable setting, and endless outdoor recreation, this is a place where family traditions are made and memories last for generations. Owners of this property are licensed Broker/Realtor in the State of Montana.
#413730

Polaris

225 Maverick View

7 Beds

4 Baths

3,928 Sq.Ft.

$1,200,000

MLS#: 413730

New on site 4 days ago
Wake up to sweeping views of Town Center and beyond from this front-row Deer Run condo. This spacious 3-bedroom is thoughtfully laid out with a bedroom and bathroom on every level — ideal for roommates, guests, or a live-in office setup. Unwind by the wood-burning fireplace after a day on the trails, or spread out in the bonus loft/office space when it's time to catch up on work.

Freshly updated with new carpet, paint, toilets, and window coverings, this condo is move-in ready.

Location is everything here: walk to Town Center for restaurants, bars, the movie theater, grocery store, BASE community center, Farmer's Market, and weekly summer concerts in the park. Hiking and biking trails are right out your door, and Big Sky Resort is just a 7-mile drive up the hill.

Short-term and long-term rentals are both allowed, or move in now and start your Big Sky summer right!
#413221

Big Sky

62 Blacktail Buck

3 Beds

2 Baths

2,593 Sq.Ft.

$1,200,000

MLS#: 413221

Experience the best of Montana living in this spacious 3,308-square-foot home featuring 5 bedrooms, 2.5 bathrooms, and a flexible floor plan designed for comfortable living and entertaining. Ideally located just minutes from historic Philipsburg, this property offers the perfect balance of peaceful country living and year-round recreation.

Inside, you'll find bright, welcoming living spaces and one of the home's standout features—two full kitchens, one on the main level and another in the basement—making it ideal for multigenerational living, extended guests, or entertaining. The spacious primary suite provides a relaxing retreat, while four additional bedrooms offer plenty of room for family, guests, or a home office. An energy-efficient heat pump provides reliable, year-round comfort.

Outside, the detached 3-car garage offers abundant space for vehicles, recreational toys, storage, or a workshop.

Outdoor enthusiasts will love the location, just a short drive from Discovery Ski Area and only minutes from Georgetown Lake, where you can enjoy boating, fishing, kayaking, ice fishing, hiking, and breathtaking mountain scenery. Whether you're looking for a full-time residence, a mountain retreat, or a home base for all your Montana adventures, this exceptional property is ready to welcome you home.
#412805

Philipsburg

41 Handlos

5 Beds

2 Baths

3,416 Sq.Ft.

$1,200,000

MLS#: 412805

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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