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23 W Main Street
Belgrade MT 59714 US

$1,200,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 406539
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Lot: 0.07 Acres
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$1,200,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 406539
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23 W Main Street DOWNTOWN BELGRADE NNN LEASED INVESTMENT PROPERTY W/ A 10 YEAR LEASE AT 6%+ 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). $76, 000+ NOI! Don't be the one to say "You know, I could have owned a part of downtown Belgrade, MT., right on Main Street. But I hesitated when I had the chance. Dirty word, dirty word!" Call on this one today.

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air, Baseboard, Natural Gas, Electric (Heating), Central

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1200000
  • unparsedaddress: 23 W Main Street
  • postalcity: Belgrade
  • stateorprovince: MT
  • country: US
  • postalcode: 59714
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0746
  • lotsizeunits: Acres
  • lotsizearea: 0.0746
  • livingarea: 4000
  • livingareaunits: Square Feet
  • latitude: 45.7767
  • longitude: -111.177524
  • listagentfullname: Don Lint
  • listagentemail: don@donlint.com
  • listagentkey: 3yd-GARMT-000001470
  • listagentmlsid: 000001470
  • listagentpreferredphone: 4065798686
  • listagentofficephone: 4065700297
  • listofficekey: 3yd-GARMT-431
  • listagentstatelicense: BRO-2447
  • listofficemlsid: 431
  • disclaimer: Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GARMT
  • yearbuilt: 1904
  • listingcontractdate: 2025-10-27
  • listagenturl: http://www.realtyxbozeman.com
  • countyorparish: Gallatin
  • parcelnumber: RFF14583
  • heating: Forced Air, Baseboard, Natural Gas, Electric (Heating), Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: Realty Executives International
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -111.17752, 45.7767
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty Executives of Gallatin Valley", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"don@donlint.com", "ListBrokerageCity":"Bozeman", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jasonzalac@yahoo.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Realty Executives of Gallatin Valley", "ListBrokeragePhone":"(406) 582-0250", "ListBrokeragePostalCode":"59718", "ListBrokerageStateOrProvince":"MT", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2791 Tempest Ave", "ListBrokerageWebsiteUrl":"http://www.realtyxbozeman.com", "ListOfficeAddress1":"1924 W Stevens #201 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"431", "ListOfficeCity":"Bozeman", "ListOfficeCountry":"USA", "ListOfficeEmail":"jasonzalac@yahoo.com", "ListOfficePostalCode":"59718", "ListOfficeStateOrProvince":"MT", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Belgrade, MT", "ListingURL":null, "MLSModificationTimestamp":"2025-12-28 19:58:00", "Neighborhoods":[{"Description":null, "Name":"3B - Belgrade City Limits"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6878, "TaxDescription":"Lot 7, Block 1, Belgrade Original Townsite", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2026 7:33:49 PM GMT
Source Updated Date: 2/4/2026 6:48:34 PM GMT

Courtesy of: Don Lint, Realty Executives, don@donlint.com

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.