205 Fletching Way Unit A, Belgrade, MT 59714

$695,000
2
BD
3
BA
2,419
SqFt

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List Price
$695,000
MLS#
411272
Status
ACTIVE
County
Gallatin
City
Belgrade
Subdivision
Jackrabbit Reserve
Bedrooms
2
Bathrooms
3
Living Area
2,419
Property Subtype
Condominium

Property Description

Leased live/work investment with immediate cash flow in the high-growth Jackrabbit corridor. Built in 2025, this modern mixed-use unit offers strong in-place income with future owner-user flexibility. Unit A is leased at $49,200 annually through April 2027, providing stable income from day one. Ideal for investors seeking predictable returns or future owner-users looking to secure a high-quality space with income in place. The ground floor features approximately 1,240 SF of commercial/shop space with a 12’ x 12’ overhead door, private office, and bathroom—well suited for contractors, trades, or small businesses. Upstairs, the residential unit offers approximately 1,170 SF with two bedrooms, two full bathrooms, open-concept living, walk-in pantry, in-unit laundry, and a private balcony. Live/work units of this quality are extremely limited in the market, with strong demand for flexible industrial/residential space. Low-maintenance, new construction in one of the Gallatin Valley’s fastest-growing commercial corridors.

Additional Information

Days on Market
75
Year Built
2025
Builder Name
Ninth Element / Black Mountain Architecture
Cooling
Central Air
Heating
Baseboard, Electric, Natural Gas, Space Heater
Hoa Fee
$50
HOA Fee Frequency
Quarterly

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Calculator source: Real Geeks

Courtesy of Lauren John with Starner Commercial Real Estate.