23 W Main Street, Belgrade MT 59714

Belgrade, MT 59714
PRICE: $1,200,000   STATUS: Active   MLS#: 406539

  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714
  • 23 W Main Street, Belgrade MT 59714




LET US SHOW YOU THIS PROPERTY

Craig Delger
Craig Delger
BROKER / REALTOR
406-581-7504
craigdelger@gmail.com

I am interested in 23 W Main Street, Belgrade MT 59714.


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. Keywords: 23 W Main Street, Belgrade MT 59714, Belgrade, MT, Belgrade, 3B – Belgrade City Limits, Gallatin County, Subdivision, CommercialSale, Building, Commercial MLS# 406539


This property located at 23 W Main Street, Belgrade MT 59714 with the MLS Number 406539 is currently listed for $1,200,000 and was listed on 2025-10-27.
Property Area: 3B - Belgrade City Limits

  • SQ FEET

    4000

  • YEAR BUILT

    1904

  • ACRES

    0.0746

  • LIST DATE

    2025-10-27

  • Price: $1,200,000 
  • Price/SqFt: $300 
  • Acres: 0.0746 
  • Status: Active 
  • Type: Building, Commercial 
  • Search Type: CommercialSale 
  • Category: Building, Commercial 
  • MLS #: 406539 
  • City: Belgrade 
  • Zip: 59714 
  • Property Area: 3B - Belgrade City Limits 
  • Year Built: 1904 
  • Square Feet: 4000 
  • Heating/Cooling: Baseboard Central Electric ForcedAir Gas None 
  • Utility Services: ElectricityConnected, NaturalGasAvailable, SewerAvailable, WaterAvailable 
  • Parking Features: Paved,OnStreet 
  • Listing Date: 2025-10-27 
  • Listing Agent: Don Lint of Realty Executives 
  • Search Terms: 23 W Main Street, Belgrade MT 59714, Belgrade, MT, Belgrade, 3B - Belgrade City Limits, Gallatin County, Subdivision, CommercialSale, Building, Commercial 
UPDATED: October 30th, 2025