UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Canyon Gate
MLS Listing ID 414861
Tax Year 2026
Lot Size 3.400 Acres
Acres 3.4
Property Sub-Type Commercial
Property Description
Fully entitled with City of Bozeman Site Plan approval for 148 multifamily units, providing a significant head start for development while allowing a purchaser to pursue an alternative plan consistent with applicable zoning and City requirements, and the overall vision of Canyon Gate. The approved Truman Flats concept includes 22 studios, 66 one-bedroom, 48 two-bedroom and 12 three-bedroom residences, averaging approximately 996 square feet.
While multifamily development opportunities exist elsewhere in Bozeman, Truman Flats presents a distinctly different opportunity to bring a significant new residential offering to the northeast side of the city—an established and highly sought-after area that has not historically seen multifamily development offered at this scale.
Just minutes from Downtown Bozeman's vibrant Main Street, and convenient access to Bozeman Yellowstone International Airport and Bridger Bowl skiing, the location captures much of what continues to draw people and businesses to the Gallatin Valley. Bozeman's growing technology and entrepreneurial economy, Montana State University, and exceptional access to outdoor recreation.
Adjacent to Canyon Gate's planned 1.434-acre linear park and surrounded by future residential, commercial, parks and open space, Truman Flats combines meaningful development scale, completed entitlement work and a northeast Bozeman location that is exceptionally difficult to replicate.
Location
State MT
County Gallatin
Community Golf, Playground, Park, Sidewalks
Area Bozeman City Limits
Direction N. on Rouse, Left on Story Mill, Right on Canyon Gate Blvd., Left on Maiden Spirit. 2 lots on right.
Interior
Fireplace No
Exterior
Community Features Golf, Playground, Park, Sidewalks
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Amenities Available Trail(s)
View Y/N Yes
Water Access Desc Public
View Mountain(s), Southern Exposure, Valley
Street Surface Paved
Building
Lot Description Level
Sewer Public Sewer
Water Public
Others
HOA Fee Include Road Maintenance,Snow Removal
Tax ID 000000000TBD
Ownership Full
Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing
Listing Terms Cash, 1031 Exchange, 3rd Party Financing
Special Listing Condition None