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Second-Floor Office Unit
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1018 Burlington Avenue #200 200, Missoula, MT 59801

Two office areas offer south-facing windows, shared restrooms, and access to parking.

Property Size650 SF
Price / SF$1.17
Days on Market86

Property Features for 1018 Burlington Avenue #200 200

General Information

Standard status Active
Size 650 SF
Property subtype CommercialLease

Additional Details

Floor 2
Listing Agency: Berkshire Hathaway HomeServices - Missoula
Listed By: Kathi Olson · License #RRE-RBS-LIC-13865
Source: Glacierparkrealty
Added: Jul 27 Changed: Oct 10 Last Checked: Oct 19 at 6:17AM

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 Berkshire Hathaway HomeServices - Missoula

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Office Unit 200 occupies the second floor at 1018 Burlington Avenue. The suite contains two separate office areas totaling approximately 650 SF, with large windows facing south and shared restrooms. Access is through the building’s main entrance on Burlington Avenue, followed by the stairs to the second floor; the office is located at the top of the stairs.

The building sits at the southwest corner of Burlington Avenue and Regent Street. Parking is available in the lot and along the street, providing practical access for occupants and visitors.

Key Highlights

  • Approximately 650 SF of second‑floor office space
  • Two distinct office areas within the suite
  • Large south‑facing windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,576
Suggested Prices Based on Cap Rates
Cap Rate 5%
$151,520 $151.5K
Cap Rate 7%
$108,229 $108.2K
Cap Rate 9%
$84,178 $84.2K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$13.7K $21.00/SF
− Vacancy
−$3.5K −$5.46/SF
EGI
$10.1K $15.54/SF
− OpEx
−$2.5K −$3.89/SF
NOI
$7.6K $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%
$151,520
Cap Rate 7%
$108,229
Cap Rate 9%
$84,178

Alternative Uses

Best Use
Office B
$108.2K
$94.7K – $126.3K (±1% cap)
NOI $7,576 @ 7.0% cap · market cap 996.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$187.4K
$164.0K – $218.7K (±1% cap)
NOI $13,119 @ 7.0% cap · market cap 1,726.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

1,516
Businesses Nearby

Demographics for 59801, MT

30,629
Population
15,814
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,978
Density / Sq Mi
$55,022
Median Household Income
$34,320
Median Earnings
$1,086
Median Rent
$393,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Two office areas offer south-facing windows, shared restrooms, and access to parking.
Where is this office unit located?
The property is located at 1018 Burlington Avenue #200 200 Missoula, MT.
What are key features of this property?
This property features: Approximately 650 SF of second‑floor office space; Two distinct office areas within the suite; Large south‑facing windows
More about this property
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