66 Market Place Dr - Freestanding FOR SALE


Big Sky, MT 59716
$5,500,000 USD
406-579-5586
66 Market Place Dr, Big Sky, MT for Sale
$5,500,000 USD
Freestanding - FOR SALE
1/43
null | Request Cap Rate

66 Market Place Dr
Big Sky, MT 59716


HIGHLIGHTS

  • Attractive Upside – competitive per-square-foot pricing relative to market comparables
  • Anchored by Country Market - a long-standing community cornerstone in Big Sky
  • 1031 Exchange Friendly – ideal acquisition profile for exchange buyers seeking stable, appreciating assets
  • Recent Renovations – significant updates completed between 2017–2019
  • Workforce Housing Advantage – five fully built apartments provide much-needed supply in a market with housing shortages

OVERVIEW

66 Market Place presents a rare opportunity to acquire an income-producing property in the heart of Meadow Village, Big Sky, Montana. Built in 1972 and renovated in 2000 and again between 2017–2019, the ±12,157 SF building sits on a ±0.292-acre parcel with ample parking and excellent accessibility. As one of the few full-building ownership opportunities in Meadow Village—where most properties are condominiums—this asset represents a unique and irreplaceable investment. The property includes two ground-floor retail suites—anchored by the long-standing Country Market and a recently opened Ethnic Market—a mix of office and residential units. This mix of retail and residential provides a stable, diversified income stream while addressing Big Sky’s workforce housing shortage. Strong occupancy, long-term tenancy, and straightforward management further enhance the investment profile. With limited inventory in Meadow Village and growing demand across both retail and housing sectors, 66 Market Place offers investors a compelling long-term upside. Its combination of scale, tenant stability, and conversion potential positions the property as a best-in-class opportunity in one of Montana’s most dynamic resort communities.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$2,086 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

MC-Meadow Center

APN/PARCEL ID

06-0427-36-4-15-03-7000

ASK ABOUT THIS PROPERTY

Ryan SpringerSterling Commercial Real Estate AdvisorsMore Info
406-579-5586

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Ryan SpringerSterling Commercial Real Estate AdvisorsMore Info
406-579-5586

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.