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- 301 & 303 Cold Iron Road, Big Sky MT 59730 Lazy J South
PRICE: $4,400,000 STATUS: Active
MLS#: 393294
Outlaw Realty is excited to bring to market a very unique mixed-use commercial/residential investment opportunity in Big Sky, Montana. 301/303 Cold Iron is perfect for a business providing services to Big Sky that is tired of paying the added expense to transport equipment and materials, needs on-site storage, fabrication space, and even comes with residential housing for owners and employees to avoid those lengthy and costly drives to/from Big Sky. From an investment perspective, these two buildings have been 100% occupied for years with an attractive cap rate, proving turn key investment returns from the day of your purchase.The seller has strategically negotiated month to month leases on most of the spaces proving the new owner flexibility to occupy as needed. Ideally located minutes to Big Sky’s private clubs such as Spanish Peaks, Moonlight Basin, and Yellowstone Club, it provides easy access to clients and customers. 301 and 303 Cold Iron are located on almost an acre of land providing ample space to park vehicles, work trucks, trailers, and light industrial equipment. 301 contains almost 3,400 Sqft of space comprised of one large warehouse space with soaring 16’ ceilings with two 14’ garage doors, two offices, storage room, loft area, and restroom.Building 303 contains over 6,200 sqft of mix-use space which includes two commercial warehouse spaces, two 2-bedroom apartments, and two-4 bedroom apartments, all turn key with furniture, washer/dryers, and even dishes. Newly constructed back in 2019, the buildings have been well maintained with building management available for a truly hands off, turn key investment. The combination of the residential and commercial aspects of this property is very unique and rarely available Big Sky, and unlikely to be approved in future developments. The Big Sky economy continues to grow with a massive demand for a variety of residential and commercial services. Also available is the adjacent property, 259 Cold Iron, that can be purchase separately, or as a package deal with 301/303. 259 is a very similar set up to building 303, consisting of two commercial spaces, 2-4 bedroom apartments, 2-2 bedrooms apartments, one of which has been converted to offices. On the roughly one acre lot, you retain the right to build another structure to generate even more rental revenue. Please reach out for a tour of this incredible mix use property, that provides an exceptional opportunity to invest in this expanding community.
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Subdivision: Lazy J South
- 259 Cold Iron Road, Big Sky MT 59730 Lazy J South
PRICE: $3,400,000 STATUS: Active
MLS#: 393293
Outlaw Realty is thrilled to present a unique mixed-use commercial and residential investment opportunity in Big Sky, Montana. This property at 259 Cold Iron offers ample space and the potential for additional construction, enhancing rental revenue or business capacity. Ideal for businesses serving Big Sky, this property eliminates the extra costs of transporting equipment and materials by offering on-site storage and fabrication space. It also includes residential housing for owners and employees, saving them from long and costly commutes. With a history of 100% occupancy and an attractive cap rate, this turn-key investment promises immediate returns. Flexible month-to-month leases on most spaces provide the new owner with the option to occupy as needed. Located minutes from Big Sky’s private clubs, such as Spanish Peaks, Moonlight Basin, and Yellowstone Club, 259 Cold Iron offers convenient access for clients and customers. The nearly one-acre property provides ample parking for vehicles, work trucks, trailers, and light industrial equipment. The 6,000 square feet of mixed-use space includes two commercial warehouse spaces, two 4-bedroom apartments, and two 2-bedroom apartments, one of which has been converted into offices. All residential units are fully furnished and equipped with washers, dryers, and even dishes. Built in 2017 and well-maintained, the building comes with management services, ensuring a hands-off investment experience. Also available is the adjacent property at 301/303 Cold Iron. Building 301 offers almost 3,400 square feet of space, including a large warehouse with 16-foot ceilings, two 14-foot garage doors, two offices, a storage room, a loft area, and a restroom. Building 303, similar to 259, features over 6,200 square feet of mixed-use space, comprising two commercial warehouse spaces, two 2-bedroom apartments, and two 4-bedroom apartments, all fully furnished and equipped. This exceptional property is a rare find in Big Sky, with a unique combination of residential and commercial elements unlikely to be approved in future developments. The Big Sky economy is booming, with a high demand for various residential and commercial services. Contact us for a tour of this incredible mixed-use property and seize the opportunity to invest in this growing community.
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Subdivision: Lazy J South