No HOA. No covenants.Located just one block off Highway 191 in the rapidly growing Four Corners area, this 0.22 +/- acre property offers easy access, and exceptional potential. Whether you are looking for an investment property, live/work opportunity, future business location, or redevelopment project, this property offers flexibility in one of the Gallatin Valley's fastest-growing corridors. The existing 672 SF home has been used as a rental and features 1 bedroom with a walk-through closet, 1 full bathroom, and an open living room and kitchen layout. The home needs significant updating, including all appliances. Tenant has only used a washing machine, but there is space to accommodate a stacked washer and dryer. Home include an attached 2-car garage and an attached shop, providing excellent storage, workspace, or business flexibility. Recent improvements include a newer metal roof and a newer septic tank. It has its own well and single septic septic drainfield. Back yard is fully fenced. One of the property's biggest advantages is its future utility potential. Water and sewer lines from the Four Corners Water & Sewer District are nearby. Buyers have the opportunity to petition for annexation into the district and connect to public water and sewer, a process that typically takes about 90 days. Estimated connection costs are approximately $22,000, plus the cost of extending service lines from the property to the district connection point. Buyer to verify all costs, availability, timelines, zoning, permitted uses, and all annexation requirements. Whether you renovate the existing home, remove it and build new, or explore commercial or redevelopment opportunities, this property offers exceptional flexibility in one of the Gallatin Valley's most desirable growth areas.