Retail Condominium For
For Sale
Contact for pricing
101 E Broadway, Missoula, MT 59802
Retail condominium with 18,340 square feet available for sale.
Property Size18,340 SF
Price / SF$134.95
Days on Market132
Property Features for 101 E Broadway
General Information
Standard status
Active
Size
18,340 SF
Property subtype
Retail
Building Details
Year Built
1900
Listing Agency:
Sterling CRE Advisors
(425) 250-3290
Listed By:
Connor McMahon · License #MT RRE-RBS-LIC-88267
Source:
Crexi
Added: Mar 24
Changed: Jul 6
Last Checked: Aug 1 at 4:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sterling CRE Advisors
Investment Insights
Based on property information with market context.
This property is a retail condominium offering approximately 18,340 square feet of space. It is located at 101 E Broadway, Missoula, MT 59802.
Key Highlights
- Large retail space: ±18,340 sf
- Retail condominium
- Year built: 1900
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $330.1k | $18.00 |
| − Vacancy | −$6.6k | −$0.36 |
| EGI | $323.5k | $17.64 |
| − OpEx | −$97.1k | −$5.29 |
| NOI | $226.5k | $12.35 |
18,340 SF · lease $18.00/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.24M
$2.83M – $3.77M
NOI $226,462 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.29M
$4.63M – $6.17M
NOI $370,147 @ 7.0% cap · market cap 14.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 59802, MT
19,892
Population
10,416
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
96%
High-School Grad
45.4 sq mi
ZIP Area
438
Density / Sq Mi
$65,054
Median Household Income
$36,541
Median Earnings
$1,021
Median Rent
$420,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail condominium with 18,340 square feet available for sale.
Where is this retail space located?
The property is located at 101 E Broadway Missoula, MT.
What is the asking price?
The asking price for this property is $2,475,000.
What are key features of this property?
This property features: Large retail space: ±18,340 sf; Retail condominium; Year built: 1900
