Fifth-Floor Office
New
For Sale
$995,000
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 Market7
Property Features for 101 E Broadway Street 5
General Information
Standard status
Active
Size
4,600 SF
Property subtype
Commercial
Additional Details
Office Units
15
Building Details
Year Built
1900
Listing Agency:
Stelling & Associates
(406) 728-9200
Listed By:
Stephen Stelling · License #RRE-BRO-LIC-87958
Source:
Clearwaterproperties
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 29 at 8:57AM
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
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 For Office B
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 | $96.6k | $21.00 |
| − Vacancy | −$25.1k | −$5.46 |
| EGI | $71.5k | $15.54 |
| − OpEx | −$17.9k | −$3.89 |
| NOI | $53.6k | $11.66 |
4,600 SF · lease $21.00/SF/yr · vacancy 26.00% · expense 25.00%
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.
Property 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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fifth floor features 15 office suites with varying size and configuration in the Montana Building.
Where is this office units 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)
