$4,900,000

8 Aspen presents a rare opportunity to acquire an entitled mixed-use development site in Bozeman's Midtown Urban Renewal District. The 1.447-acre, fully assembled property is approved for a six-story, approximately 194,000-square-foot mixed-use development consisting of 289 residential units, approximately 37,000 square feet of ground-floor commercial and amenity space, structured and surface parking, and associated site improvements. The existing zoning (B-2M Community Business District Mixed) may allow additional height and density, subject to City of Bozeman review and approval. Positioned just minutes from Downtown Bozeman, Montana State University, Bozeman Health, Interstate 90, and Bozeman Yellowstone International Airport, the property benefits from convenient access to employment centers, retail, restaurants, recreation, and regional transportation. The site is located within the Midtown Urban Renewal District and may qualify for Tax Increment Financing (TIF) assistance for eligible public infrastructure improvements. Bozeman continues to experience sustained population and employment growth, supporting long-term demand for residential and mixed-use development. With a limited supply of entitled infill development sites remaining near Downtown, 8 Aspen offers the opportunity to advance an approved project while reducing entitlement risk and development timelines. The approved development includes approximately 289 residential units averaging approximately 540 square feet, 37,000 square feet of commercial and amenity space, and approximately 189 parking spaces. Purchasers should independently verify all development rights, zoning regulations, approvals, TIF eligibility, utility capacity, square footage, and all other information material to their intended use through their own due diligence.