$2,299,000

Introducing the Iconic Bozeman Taproom building for sale. This historic Bozeman building received the Bozeman Beautification Award in 2016 for after an extensive remodel. The remodel included a completely new steel internal structure, new foundation and concrete floor, new walls, electrical, plumbing, HVAC, fire suppression system, rooftop, windows, doors, etc. the only part of the building that was saved was the restored exterior brick and the some of the interior ceiling joist/timbers. The property includes two separately metered spaces; the Taproom Bar and a smaller separate office/retail space currently being leased by Bozeman IV. This sale does not include either of the businesses. The Taproom Bar just renewed their lease for an additional 5 more years with two more consecutive options thereafter. The Office/Retail neighboring space occupied by Bozeman IV is roughly 1100 SF and includes a large open area, 3 offices with a kitchen and bathroom. It has also been completely remodeled. This new lease has a 2 year term with an optional two years. The leases are both a true Triple Net; the tenants pay all taxes, common area expenses, utilities, garbage, etc. Rents total roughly $91,000.00 with a 3% annual escalator. The Taproom Restaurant and Bar has a main floor area that is approximately 2700 SF with an additional 950sf of rooftop deck and patio space. There is also a small ~300 sf basement that is used for food storage, utilities and a dish washing area for the restaurant. If you are looking for a very stable worry free investment in downtown Bozeman properties like this don’t come around very often.