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12 Penny Lane — Gallatin Gateway, Montana Net Leased Showroom & Fabrication Facility Single Tenant | Purpose Built | Resort Market Exposure Offered at $10,959,000. 7.25% Cap Rate Executive Overview 12 Penny Lane offers investors the opportunity to acquire a fully leased, mission critical commercial facility serving Montana’s premier luxury residential construction markets, including Big Sky, Yellowstone Club, Spanish Peaks, and Moonlight Basin. The property is 100% leased to Earth Elements LLC under a newly structured modified NNN lease that delivers durable income, minimal landlord responsibilities, and built in annual rent growth. Originally purpose built in 2017 with over $4 million in specialized improvements, the facility functions as a destination showroom, fabrication hub, and corporate headquarters. The building’s highly customized nature significantly reduces tenant relocation risk and provides strong long term income security. Investment Highlights • 100% Occupied, Single Tenant Asset New arm’s length lease with established operating tenant • Strong In Place Cash Flow Net Operating Income of approximately $819,726. • Modified NNN Lease Structure Flat $3.00/SF expense recovery with no annual reconciliation • Annual Rent Growth 3% annual escalations on base rent • Purpose Built, Non Commodity Real Estate Irreplaceable showroom and fabrication infrastructure • High Barrier Resort Market Location Limited competing inventory for comparable uses • Replacement Cost Support Insured building replacement value of $7.29M (exclusive of land) Property Description Address: 12 Penny Lane, Gallatin Gateway, MT 59730 Property Type: Commercial — Showroom / Fabrication / Warehouse Total Rentable Area: 38,563 SF (inside wall measurement) • Office / Showroom: 16,288 SF • Warehouse / Fabrication: 23,823 SF The property features a custom architectural façade, extensive glass storefront exposure, and seven fully built out showroom departments serving architects, designers, and high net worth clientele. The rear fabrication area includes advanced CNC machinery, water jet cutting, overhead crane systems, and loading dock access—creating a vertically integrated operational environment.
#409921

Gallatin Gateway

12 Penny Lane Lane

None Beds

None Baths

40,111 Sq.Ft.

$11,307,000

MLS#: 409921

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.
#411272

Belgrade

205 Fletching Way A

2 Beds

None Baths

2,419 Sq.Ft.

$695,000

MLS#: 411272

20+ acres located in "Sportsmans Paradise", aptly named for it's cental location to hunting, hiking, fishing, snowmobiling and so much more. This level parcel has electricity all around it, light covenants, fiber optics available and massive views of multiple mountain ranges. Tuck under the mountains that create the Caldera for Yellowstone National Park and look out at the snow capped peaks in the mid-distance. Mile Creek (seasonal irrigation) can flow through the upper third of the property on a good year. Drilling a well would make this a great location for your horses (NFS trail heads will lead you high mountain lakes and beautiful day rides or hikes). Centered between Hebgen, Henrys, and Quake Lakes and just a few minutes to Cliff & Wade Lakes and the Madison River (wade fishing stretch). Less than an hour to Ennis, Ashton, ID, or West Yellowstone. In Montana you don't just buy a property you purchase a new lifestyle. Buy Land - they are not making anymore of it!
#410031

Cameron

Lot 24 Sportsmans Paradise #3

None Beds

None Baths

20.001 acres

$298,000

MLS#: 410031

Discover the perfect balance of luxury and livability at 1374 Alder Creek Drive. Situated in the heart of the highly coveted south side Alder Creek neighborhood, this 4,288 sq. ft. masterpiece offers the rare combination of six true bedrooms plus a dedicated bonus room, making it the ideal choice for a growing family, multi-generational living, or those that love to host. Step across the beautiful site-sanded and finished red oak floors into an expansive, open-concept floor plan bathed in southern light. Anchored by a beautiful fireplace, the great room impresses with soaring two story ceilings and massive windows that frame the iconic Big Sky views. The kitchen is a chef’s dream, with rich granite countertops and high-end finishes and appliances that flow seamlessly into the dining and living areas. The main level features a spacious primary bedroom suite and a versatile second bedroom—currently utilized as an office and home gym. The upper level is designed for privacy and peace, boasting four additional bedrooms. On each opposite side of the home, you’ll find two bedrooms sharing their own full bathroom with dual sinks, flanking a massive central bonus room with vaulted ceilings. There is abundant storage throughout, from the oversized 3-car garage to a custom-added bonus truss storage system in the attic, there is a place for every piece of gear. A walk-in pantry and large closets are conveniently located throughout the home. The southern exposure ensures sun-drenched winters and vibrant summers in your large backyard. Enjoy the expansive patios for summer BBQs, all while being a few blocks away from neighborhood parks and trails, Morning Star Elementary, Sacajawea Middle School, MSU and Bobcat Stadium, and the energy of downtown Bozeman. With built-in home audio and meticulous attention to detail, this home isn’t just a place to live—it’s a place to thrive.
#410878

Bozeman

1374 Alder Creek Drive

6 Beds

3 Baths

4,288 Sq.Ft.

$1,590,000

MLS#: 410878

Completely renovated 3 bedroom, 2 1/2 bathroom house with some original features that add to it's character and charm. The Kitchen with high-end cabinets and Corian countertops and accent lighting opens nicely to the Living Room with an electric fireplace. The Master Suite on the first floor has a beautifully tiled, walk-in shower and a large closet. Also on the first floor is a second bedroom, a second full bathroom and a laundry area. The upper floor has a large third bedroom, a half bathroom and a bonus room for multiple uses including a home office. Custom wood work, iron work and LED lighting throughout the house. The deck on the 2nd floor allows you to easily enjoy the outdoors and great views. The renovation was taken down to the studs and includes all new electrical, plumbing & heating systems. The house is well insulated with new energy-efficient windows.
#411224

Butte

213 W Woolman Street

3 Beds

2 Baths

2,250 Sq.Ft.

$314,000

MLS#: 411224

Discover this spacious and well-located 4-bedroom, 2 full bath home situated on a generous 18,000 sq ft lot in town. Enjoy stunning views overlooking the Boulder River, with the added bonus of being directly across from a city park. This property offers exceptional functionality and space, featuring a 2-car garage plus an impressive 2,400 sq ft shop—ideal for hobbies, and storage. With ample room inside and out, this home combines comfort, convenience, and scenic charm in a highly desirable location. Whether you're enjoying the peaceful river views or taking advantage of the nearby park, this property is a rare opportunity you won’t want to miss.
#410699

Big Timber

119 E 9th

4 Beds

2 Baths

2,576 Sq.Ft.

$665,000

MLS#: 410699

Breathtaking views of the Spanish Peaks and Bridger Mountains ranges set the stage for this exceptional 11.6± acre property in Gallatin Gateway. Situated off Hawk Hill Road within the Hillside Tracts community, this remarkable parcel offers the perfect combination of privacy, open space, and iconic Montana scenery. Whether envisioning a full-time residence, a mountain retreat, or a legacy property, the setting offers the freedom to make it your own. This expansive property also presents an increasingly rare opportunity to create a true Montana horse property, with ample room for horses, a custom home, barn, shop, and outdoor lifestyle amenities. Wildlife is abundant throughout the area, with elk, deer, hawks, and bald eagles commonly seen on and around the property, creating an authentic connection to the natural beauty of Southwest Montana. Ideally positioned between Bozeman and Big Sky, this location offers unmatched access to year-round recreation while maintaining the peace and privacy of rural living. Access to world-class fly fishing on the renowned Gallatin River is only 2 to 3 miles from the property. To top it off, premier Big Sky skiing, hiking, horseback riding, rafting, and endless outdoor adventure are all within easy reach, while Bozeman’s dining, shopping, and airport conveniences remain close at hand. Whether envisioned as a full-time residence, seasonal escape, or long-term investment, this parcel offers an exceptional canvas in one of Southwest Montana’s most desirable corridors.
#411029

Gallatin Gateway

TBD Hawk Hill Road

None Beds

None Baths

11.6 acres

$674,900

MLS#: 411029

5 BEDROOM HOME ON 2 LOTS! Fabulous location in Village at Elk Ridge, Backing to the hills and park area with Panoramic views. Built in 2013 this home has so many amentities including; white oak flooring, underground sprinklers, central air conditioning, storage shed, family room downstairs, beautiful front porch to put your rocking chair, and additional lot for gardening or future development. This house is comfortable and a delightful place to call home.
#402488

Three Forks

191 Rolling Prairie & Lot 237 Way

5 Beds

2 Baths

2,518 Sq.Ft.

$724,900

MLS#: 402488

Welcome to 509 Gallatin Avenue, a spacious and well-maintained 4 bedroom, 2.5 bath home in the heart of West Yellowstone. This 2,000 square foot residence blends comfort, durability, and functionality with the unmatched access to outdoor adventure that makes this community so desirable. Set on a quiet street in the Madison Addition subdivision it offers close proximity to everything this beautiful area has to offer. The home features a practical two-story design with inviting living spaces, including a cozy family room complete with fireplace, ideal for relaxing after a day of exploring. With a total of four bedrooms, there’s plenty of space for family, guests, or even a home office. An attached two-car garage provides parking and room for all your recreational gear. The home has been thoughtfully updated with all-weather siding and Trex decking, offering low-maintenance convenience and lasting curb appeal. Beyond the home itself, the location is hard to beat. Nestled in a family-friendly neighborhood, this property places you just minutes from the West Entrance to Yellowstone National Park. Imagine the ease of access to some of the world’s most iconic landscapes, from geothermal wonders to abundant wildlife. The Greater Yellowstone Area is a true four-season playground: in summer, enjoy hiking, biking, and fishing; in fall, watch wildlife migrations unfold; in winter, take advantage of the area’s renowned snowmobiling and cross-country skiing trails; and in spring, explore uncrowded trails and fresh mountain air. West Yellowstone itself is a welcoming, close-knit community. Residents enjoy local dining, unique shops, and the convenience of a nearby school—all with the charm of a small town surrounded by national forest and parkland. Whether you’re seeking a year-round residence or seasonal retreat this home provides the perfect balance of comfort, durability, and location. 509 Gallatin Avenue offers not only a home, but also an unparalleled lifestyle at the gateway to America’s first national park. Here, adventure begins right outside your door.
#405454

West Yellowstone

509 Gallatin Avenue

4 Beds

2 Baths

2,000 Sq.Ft.

$649,000

MLS#: 405454

Located at the edge of downtown Deer Lodge with easy access to Interstate 90, the Western Big Sky Inn presents a well maintained, turn-key lodging asset with both operational stability and meaningful upside potential. Its strategic positioning between Missoula, Butte, and Helena allows it to consistently capture highway traffic while also serving the growing demand for longer-term accommodations in the area. The property features 20 guest rooms, including 13 double queen units, 3 king rooms, 4 single queens, and 2 kitchenette units, offering a flexible mix to accommodate both nightly and extended-stay guests. Since 2022, the property has undergone numerous updates, including exterior renovations enhancing curb appeal and modernizing 7 rooms. The property also boasts an on-site 2 bed, 1 bath apartment with direct office access, ideal for an owner-operator or on-site management structure. This feature makes the property attractive as a “mom-and-pop” investment or those desiring live in management operation. Additional amenities include an inviting lobby, a full kitchen for continental breakfast service, and a full basement providing ample storage, adding both operational efficiency and long-term utility. The Western Big Sky Inn offers clear pathways for revenue growth all while boasting a 4.3 of 5 stars on google reviews. Continued updates, refined management practices, and the potential conversion of additional rooms into kitchenettes or apartments align with increasing demand for workforce housing driven by major local employers including the regional medical center, Montana State Prison, and other seasonal employers. With its manageable size, recent improvements, and strong repositioning potential, this property represents an attractive entry point into Montana’s lodging market. Inquiries welcome for qualified buyers seeking a well-located lodging asset with both stability and upside. Ask about the nearby Travel Inn, a complimentary hotel investment opportunity.
#410277

Deer Lodge

210 N Main Street

None Beds

None Baths

10,396 Sq.Ft.

$899,999

MLS#: 410277

Secure your piece of Montana paradise in one of Bozeman’s most sought-after corridors. Located just over a mile down Springhill Road, this 1.556-acre parcel offers the rare combination of privacy, convenience, and true build-ready infrastructure, saving you months of time and upfront development costs. The property features a fully approved 0.222-acre building envelope, with well and septic permits already in place, setbacks surveyed, and utilities, including power and natural gas - stubbed to the lot. The build envelope is flat, level, and ready for your custom home or home + shop. Outdoor recreation is right at your doorstep with Sypes Canyon Trailhead nearby, East Gallatin River fishing access less than ½ mile away, and Riverside Country Club & Bridger Creek Golf Course just down the road. Floodplain & Build Area Note: A portion of the property lies within the 100-year floodplain, creating a natural greenbelt that enhances privacy and open space. The approved 0.222-acre building envelope is fully permitted for residential construction. Expansion beyond this footprint may be possible with a Gallatin County variance. This is a rare, shovel-ready opportunity in the Gallatin Valley - offering views, utilities, permits, and location without the typical hurdles of raw land.
#411076

Bozeman

NHN Springhill Road

None Beds

None Baths

1.556 acres

$425,000

MLS#: 411076

Private 2± acre forested retreat—large pines, mountain views, ready to build; 1/2 mile to Georgetown Lake marina Discover this private 2± acre parcel on a quiet private road, framed by mature pine forest with sweeping views of multiple mountain ranges. A driveway and building pad are already in place, with fiber optic and electric lines to the property edge—ideal for a year-round home or mountain cabin. Just approximately 1/2 mile to Georgetown Lake fishing access and marina, and about 10 minutes to Discovery Ski Area. Excellent elk and deer habitat; very nice homes and cabins nearby. Key features: Size: 2± acres, heavily forested with large pine trees Location: Private road; neighborhood of quality homes and cabins Access: ~1/2 mile to Georgetown Lake fishing access/marina Recreation: ~10 minutes to Discovery Ski Area; prime elk and deer habitat Improvements: Driveway and building pad already installed Utilities: Fiber optic and electric lines to edge of property Views: Panoramic views of multiple mountain ranges Ideal use: Primary residence, vacation home, or sheltered mountain retreat Schedule a showing or request additional details/maps and parcel information today!
#410155

Georgetown Lake

Tract J Shoot the Moon Lane

None Beds

None Baths

2.05 acres

$125,000

MLS#: 410155

Have you been waiting for one of Bozeman’s most unique and picturesque properties to come on the market? This just may be it! Boasting approximately 3.868 acres of natural Montana beauty, located within city limits, this real estate offering will have you dreaming of the endless possibilities. This breathtaking property offers the perfect blend of privacy, natural beauty, varying topography and a prime location. The private, park-like property features a serene creek meandering through the backyard, surrounded by mature aspens and various other established trees that provide both beauty and privacy year-round. This listing is the ultimate package, which combines two separately deeded parcels ~ one that is also listed as MLS #408799 (the single family home situated on approximately 2.472 AC) and the vacant land parcel listed as MLS# 409413 (approx 1.396 AC). Situated in the heart of Bozeman, within close proximity to many amenities such as the hospital, MSU, local restaurants, Main street, trails, schools, shopping and so much more ... it offers a rare opportunity to capture Montana's beauty in your backyard, all while being close to so many amenities you likely desire. The home has a spacious living room, expansive flex space with wet bar, primary bedroom with fireplace, totaling four bedrooms (some are non-conforming), two full baths and a 3/4 bathroom. With an oversized two car garage (workshop space on the side), there is a lot of potential here! The approximate 3.868 acres is a haven for local wildlife including black bears, an abundant numbers of whitetail deer, various species of fowl and even the occasional wild turkey. It's a rare blend of in-town convenience and a true connection to nature. With plenty of space to build an additional home or simply preserve your surroundings, this property is a rare find in Bozeman. Peaceful, scenic, such a variety and full of potential ~ take this opportunity to make it all yours. Yes, the private tennis court (shared between the two separately deeded parcels) is unique and you would have the flexibility to remove it, resurface it, create an ice skating rink or maybe make it into pickle ball courts. The choice is yours! Pictures do not do it justice ~ you need to see it with your agent to really feel the gravity of how amazing it is ~ schedule your private showing today! Disclosure: Listing agent has ownership in property
#409414

Bozeman

1918 & TBD Spring Creek Drive

4 Beds

2 Baths

4,088 Sq.Ft.

$3,664,000

MLS#: 409414

Welcome to one of Bozeman’s most unique and picturesque vacant properties! Sitting at approximately 1.396 acres of natural Montana beauty, located within city limits, it will have you dreaming of the endless possibilities. This breathtaking property offers the perfect blend of privacy, natural beauty, varying topography and a prime location. This private, park-like parcel features a serene creek meandering through the backyard, surrounded by mature aspens and various other established trees that provide both beauty and privacy year-round. In addition to its tranquil setting, the property regularly welcomes local wildlife including black bears, abundant numbers of whitetail deer, various species of fowl and even the occasional wild turkey. Let’s not ignore the private tennis court (shared with adjacent property) that is currently on the property - options to remove or resurface, etc. This property is a rare blend of in-town convenience and a true connection to nature. With plenty of space to build your dream home, this lot is a rare find in Bozeman. Peaceful, scenic, such a variety and full of potential ~ take this opportunity to make it yours. Pictures do not do it justice ~ you need to see it with your agent to really feel the gravity of how amazing it is. Also listed as an option with adjoining 2.472 AC and house (MLS # 409414). Please make note that this property is agent-owned.
#409413

Bozeman

TBD Spring Creek Drive

None Beds

None Baths

1.396 acres

$1,275,000

MLS#: 409413

Prime commercial development opportunity in Gallatin County’s rapidly growing West Post Subdivision. Located within one of the area’s most active mixed-use commercial corridors, this parcel offers outstanding potential for investors, developers, or owner-users seeking a strategic location with strong surrounding business activity and continued growth. Positioned near established commercial users and major traffic routes, this site benefits from excellent accessibility, visibility, and proximity to Bozeman Yellowstone International Airport, Belgrade, and Bozeman. The West Post area continues to see significant commercial expansion, making this an attractive option for retail, office, service-based business, flex space, or long-term hold potential. With infrastructure and neighboring development already underway in the surrounding subdivision, this parcel presents an exciting chance to secure land in one of Gallatin County’s most dynamic commercial growth areas. Whether you are looking to build now or invest for the future, opportunities in this location are increasingly limited. Don't miss out on this incredible opportunity in Gallatin County!
#410665

Belgrade

TBD Wandering Way

None Beds

None Baths

1.26 acres

$1,250,000

MLS#: 410665

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