Fifth-Floor Office
For Sale
Contact for pricing
101 E Broadway Street 5, Missoula, MT 59802
Fifth floor features 15 office suites with varying size and configuration in the Montana Building.
Property Size4,600 SF
Price / SF$216.30
Days on Market100
Property Features for 101 E Broadway Street 5
General Information
Standard status
Active
Size
4,600 SF
Property subtype
Mixed Use
Additional Details
Office Units
15
Building Details
Year Built
1900
Listing Agency:
Stelling & Associates
Listed By:
Stephen Stelling, Jr. · License #RRE-RBS-BRO-87958
(406) 728-9200
Source:
Crexi
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 30 at 12:52PM
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 Stelling & Associates
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Investment Insights
Based on property information with market context.
The Montana Building presents a fifth-floor office offering comprised of 15 suites with varying sizes and configurations. The building has undergone renovations and restoration efforts over time to preserve its architectural integrity while adapting to changing needs.
The property is located at 101 E Broadway Street 5 in Missoula, Montana. Showings are available by appointment only.
This suite layout supports multiple separate office arrangements within the same floor, giving tenants flexibility in selecting space that fits their operating requirements.
The property is located at 101 E Broadway Street 5 in Missoula, Montana. Showings are available by appointment only.
This suite layout supports multiple separate office arrangements within the same floor, giving tenants flexibility in selecting space that fits their operating requirements.
Key Highlights
- Montana Building built in 1900
- Fifth floor includes 15 office suites with varying sizes and configurations
- Fifth floor is described as having low to ultra‑low vacancy and quality tenants (per provided remarks)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,613
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,260
$1.1M
Cap Rate 7%
$765,900
$765.9K
Cap Rate 9%
$595,700
$595.7K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$96.6K $21.00/SF
− Vacancy
−$25.1K −$5.46/SF
EGI
$71.5K $15.54/SF
− OpEx
−$17.9K −$3.89/SF
NOI
$53.6K $11.66/SF
Area
Missoula County, MT
Vacancy
26.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,260
Cap Rate 7%
$765,900
Cap Rate 9%
$595,700
Alternative Uses
Best Use
Office B
$765.9K
$670.2K – $893.6K
NOI $53,613 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $92,840 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
15
Office units
Location Intelligence
Trade Area within ½ mile
3,241
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Fifth floor features 15 office suites with varying size and configuration in the Montana Building.
Where is this office unit located?
The property is located at 101 E Broadway Street 5 Missoula, MT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Montana Building built in 1900; Fifth floor includes 15 office suites with varying sizes and configurations; Fifth floor is described as having low to ultra‑low vacancy and quality tenants (per provided remarks)
