910 8th Avenue - Residential LAND FOR SALE


Bozeman, MT 59715 62,726 SF
$7,250,000 USD
952-225-4213
910 8th Avenue, Bozeman, MT for Sale
$7,250,000 USD
Residential LAND - FOR SALE
1/1
62,726 SF

910 8th Avenue
Bozeman, MT 59715


HIGHLIGHTS

  • The City of Bozeman's population has grown 66% since 2010, while the Bozeman MSA ranks as the 4th-fastest growing MSA in the entire country.
  • Since 2010, Bozeman has grown by 23,985 people (est. 10,952 households) while issuing only 10,369 housing permits - leading to a deficit of 583 units.
  • Bozeman is the 10-most expensive housing market in the country, with the median home sales price totaling $930,000 in 2024.
  • Bozeman ranks as the 6th-most educated city in the country, with 63% holding either an undergraduate or graduate degree.
  • The site is in the City's Midtown Urban Renewal District and is therefore eligible for Tax Increment Financing.

OVERVIEW

Colliers is pleased to present for sale a prime development opportunity located in Bozeman’s Midtown Urban Renewal District. The offering includes a 1.447-acre, fully assembled infill site entitled for a 289-unit mixed-use project that will deliver much-needed housing and commercial space in one of Bozeman’s most dynamic growth corridors. Positioned just west of North 7th Avenue and bounded by North 8th Avenue, Aspen Street, and Juniper Street, the site is currently vacant and comprises seven contiguous parcels. The property is zoned B-2M – Commercial Business District–Mixed Use, which supports a walkable, urban development pattern consistent with Bozeman’s Midtown Growth Policy designation of Community Commercial Mixed Use. The proposed project will include a single 194,000-square-foot mixed-use building with 289 residential units, targeting both workforce and affordable housing, along with activated ground-floor commercial space along Aspen Street. The project will provide off-street parking and will extend both Aspen and Juniper Streets to North 8th Avenue, contributing to Midtown’s ongoing transformation into a vibrant, pedestrian-friendly district. With support from the City of Bozeman and eligibility for Tax Increment Financing, the project could benefit upwards of $5 million in public infrastructure improvements. Bozeman continues to experience exceptional demographic and economic growth, with a population increase of 66% since 2010 and a median single-family home price that has surged 88% in the past five years to $930,000. As a result, rental demand remains high, particularly for well located, attainable housing options. The Midtown site provides a timely solution to this housing challenge while also capturing commercial value in an emerging tech and innovation hub with strong employment drivers. The Offering represents a rare opportunity to acquire an entitled, infrastructure-supported development site in one of Bozeman’s most up-and-coming neighborhoods. With high barriers to entry, limited infill land availability, and growing support for smart-growth housing solutions, this project is well-positioned to deliver meaningful long-term value.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/ACRE

$5,034,754/AC

PRICE/SF

$116 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

8 Aspen Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Multi-Family

LAND ACRES

1.44 AC

LAND SF

62,726 SF

OFFSITE IMPROVEMENTS

-

ZONING

B-2M

APN/PARCEL ID

06-0798-01-3-07-17-0000

ASK ABOUT THIS PROPERTY

Adam HaydonColliersMore Info
952-225-4213

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Adam HaydonColliersMore Info
952-225-4213

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