2921 W Garfield Street Directly South of Kohl's & AED, Bozeman, MT 59718

Property Description

This expansive 3-acre parcel is situated just south of Main Street, boasting frontage on Garfield Street and positioned south of Kohl’s with a shared parking lot alongside AED's building within The Bozeman Gateway Development. The area is undergoing rapid growth and is surrounded by numerous retail businesses, a prominent grocery anchor, a new hotel, and is adjacent to MSU's Innovation Campus Development. The parcel offers flexible zoning within a Planned Unit Development (PUD), allowing for expanded uses beyond the typical B2 zoning, including office and residential possibilities. All city services are accessible, and off-site improvements are open for negotiation. This location is ideal for various purposes such as medical facilities, hotels, restaurants, retail outlets, office spaces, fitness centers, and technology businesses. A previous concept design envisioned a 5-story building with two floors of commercial space (17,000 square foot footprint) and three floors of residential condos/apartments above, complete with a rooftop deck and an adjacent three-level parking structure. Moreover, this property is situated within an Opportunity Zone, offering potential tax advantages. The ground lease rate will vary based on the intended use. Photos showcase other available ground lease and build-to-suit pad sites and parcels highlighted in green shading. Discover the limitless possibilities offered by this strategic and dynamic location in the heart of Bozeman's thriving development landscape.