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$ 5,500,000

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Active

48 Market PL Big Sky, MT 59716

8,165 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 8,165 sqft

Price per Sqft $673

Subdivision Meadow Village

MLS Listing ID 406104

HOA Fees $18,270/ann

Year Built 2007

Annual Tax Amount $16,486

Tax Year 2025

Lot Size 7,043 Sqft

Acres 0.1617

Property Sub-Type Building

Property Description

Introducing 48 Market Place, a great opportunity for whole-building ownership in the heart of Big Sky's Meadow Village. Originally constructed in 2007, it spans over 8,000 square feet and features a diverse mix of commercial and residential spaces — offering income, flexibility, and long-term investment potential in one of Montana's most desirable mountain communities. The property underwent significant interior renovations within the past 3–4 years, introducing updated finishes, modern systems, and refreshed interiors throughout.
The building includes two street-level commercial suites — one currently leased to a thriving local coffee shop, and the other, formerly a real estate showroom, beautifully finished and ready for a new concept ideal for retail, office, or professional use. Both spaces benefit from nearly 1,300 square feet of basement storage, providing valuable additional space for operations or inventory. The residential spaces have been thoughtfully updated and provide excellent income potential or flexible housing options for on-site management or staff. The units include one spacious five-bedroom apartment (each bedroom with individual locks and two showers), one three-bedroom residence with a private bath, and one luxury three-bedroom unit featuring two full bathrooms, large picture windows, Subzero refrigerator, and beautiful mountain views.
Located in Big Sky's established Meadow Village commercial core, 48 Market Place is surrounded by anchor tenants such as American Bank, the Post Office, and Country Market, along with local restaurant favorites Olive B's and Michelangelo's. With year-round visibility, accessibility, and consistent traffic from residents and visitors alike, this well-maintained, mixed-use property represents a rare opportunity to own a proven, income-producing asset in the heart of Big Sky.
48 Market Place — own a cornerstone of the Meadow Village community. Reach out today to schedule your private tour.

Location

State MT

County Gallatin

Area Greater Big Sky

Zoning MC

Direction Lone Mountain trail to Meadow Center

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Common

Utilities Available Electricity Available, Fiber Optic Available, Propane, Sewer Available, Water Available

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Others

Tax ID RKE54212

Ownership Full

Acceptable Financing Cash, 3rd Party Financing

Listing Terms Cash, 3rd Party Financing

Special Listing Condition None

Virtual Tour https://www.youtube.com/watch?v=qn4jo0QTzhs

Listed by Outlaw Realty