# 511 N Wallace Avenue, Bozeman, MT 59715

> **TL;DR:** land, $8,200,000 ($522/sqft), built 1976, 15,700 sqft. Est. $43,856/mo. Listed 154 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $8,200,000 |
| Price/sqft | $522 |
| Square Feet | 15,700 |
| Year Built | 1976 |
| Lot Size | 74,923 sqft (1.72 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 154 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $41,464 |
| Estimated Insurance | $2,392 |
| **Total** | **$43,856** |

## Property Highlights

- Built in 1976
- 1.72 acre lot

## Description

### Agent Description
511 N Wallace offers one of the Brewery District's most compelling redevelopment opportunities in Bozeman's Northeast Neighborhood. Currentlyoperating as a transportation facility with bus barns, maintenance buildings, and supporting infrastructure, the site generates existing and and ongoingincome stream while future development plans take shape. Surrounded by Bozeman's most active mixed-use, multifamily, and commercialinvestment corridor, the property is primed for transformative redevelopment. Strong demand for housing, retail, office, and restaurant uses continuesto drive significant investment throughout the Northeast Neighborhood and Brewery District. Future residents and tenants will enjoy walkable accessto breweries, restaurants, galleries, parks, trails, and Downtown Bozeman .... all with mountain views and easy connectivity throughout the GallatinValley. Sites of this scale and location are rare in Bozeman's urban core. A serious opportunity to develop in one of Montana's fastest-growing markets.

## Location

- **Address:** 511 N Wallace Avenue, Bozeman, MT 59715
- **County:** Gallatin
- **Neighborhood:** Babcock and Davis Addition
- **Coordinates:** 45.685323, -111.028882
- **Google Maps:** https://www.google.com/maps?q=45.685323,-111.028882

## Listing Agent

- **Name:** Joe Cobb · **License:** BRO-13238
- **Brokerage:** Cobb Realty Group
- **Broker Phone:** (406) 579-2999
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/511-N-Wallace-Ave_Bozeman_MT_59715_M87303-03172?f=listhub&s=GARMT&m=411813&c=propsimple)

## Photos

![511 N Wallace Avenue - Photo 1](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f133151136r.jpg)

![511 N Wallace Avenue - Photo 2](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f1592818674r.jpg)

![511 N Wallace Avenue - Photo 3](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f2996757825r.jpg)

![511 N Wallace Avenue - Photo 4](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f818891442r.jpg)

![511 N Wallace Avenue - Photo 5](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f702927929r.jpg)

![511 N Wallace Avenue - Photo 6](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f4118885627r.jpg)

![511 N Wallace Avenue - Photo 7](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f2671058904r.jpg)

![511 N Wallace Avenue - Photo 8](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f1091316080r.jpg)

![511 N Wallace Avenue - Photo 9](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f3993098782r.jpg)

![511 N Wallace Avenue - Photo 10](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f1739315722r.jpg)

![511 N Wallace Avenue - Photo 11](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f10174026r.jpg)

![511 N Wallace Avenue - Photo 12](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f4042348307r.jpg)

![511 N Wallace Avenue - Photo 13](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f2515254579r.jpg)

![511 N Wallace Avenue - Photo 14](http://lh.rdcpix.com/4d7231ee41078424e679f8796c15c765l-f3644516137r.jpg)

---

**MLS#:** 411813 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/511-n-wallace-avenue-bozeman-mt-59715-74f675422fae4148b7126a12d52897b3)

---

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