GSA Announces Plan to Sell Historic Bozeman Federal Building and Post Office

GSA cuts long-term federal costs and opens the landmark downtown property to reinvestment

BOZEMAN, MT - Today, the U.S. General Services Administration announced plans to sell the Federal Building and U.S. Post Office located at 10 E. Babcock St.

The divestment advances the Administration's broader effort to reinforce the federal real estate portfolio, remove long-term liabilities, and focus resources on properties that best support federal agency missions.

"GSA is taking decisive action to offload properties that don't align with the government's real estate needs," said GSA Administrator Edward C. Forst. "Disposing of the Bozeman Federal Building will reduce costs for American taxpayers by opening the property to new investment while benefiting the community."

"Today's announcement from the General Services Administration is a great step forward for the downtown Bozeman community," said U.S. Senator Steve Daines. "Thank you to Administrator Ed Forst for your dedication and commitment to Montana priorities and I look forward to seeing the impact of this new Bozeman property on our great state."

Located in the heart of central Bozeman, the historic property offers a significant opportunity for redevelopment that could improve the local economy. No future owner or use for the property has been determined.

GSA has reduced costs and strengthened the federal real estate portfolio by disposing of over 127 properties since January 2025, generating $614 million in proceeds, avoiding $1.15 billion in delinquent maintenance and operating expenses, and eliminating $867 million in costs through lease negotiations and reductions. Recent transactions include the Liberty Loan Building and the GSA Regional Office Building in Washington, D.C., as well as properties in Maine, Minnesota, Texas, California and Tennessee.

Additionally, GSA has listed other buildings for accelerated disposition to ensure taxpayers do not pay for underutilized federal office space. GSA projects that moving these buildings out of the federal real estate portfolio will eliminate $5 billion in delinquent maintenance and annual operating costs.

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About GSA: GSA provides centralized procurement and shared services for the federal government, managing approximately 360 million rentable square feet, overseeing over $126 billion in products and services via federal contracts, and delivering technology services to millions of people across dozens of federal agencies. GSA's mission is to deliver exceptional customer experience and value in real estate, acquisition, and technology. To address nearly $50 billion in deferred maintenance, GSA is leading a coalition of every cabinet agency and many federal leaders urgently advocating for full Federal Buildings Fund access and raising the prospectus threshold from $3.96 million to $75 million. For more information, visit GSA.gov and follow @USGSA.