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    3000 Washburn St Missoula, MT 59801

    For Sale
    $3,300,000

    25-Unit Condo Complex, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional investment opportunity presents a well-maintained 25-unit condominium complex situated on a 1.37-acre lot at 3000 & 3100 Washburn Street in the heart of Missoula, Montana. The property is part of a larger 32-unit complex and offers a compelling blend of stability and growth potential. The units are a mix of fully converted condominiums, providing flexibility for various rental strategies, including long-term leases and potential owner-occupancy. This diverse unit mix contributes to a robust and resilient income stream. Residents enjoy the convenience of covered parking and additional off-street parking. The property's central Missoula location provides easy access to a wide array of local amenities, including diverse dining options and vibrant entertainment venues. Its strategic location within a highly desirable neighborhood ensures consistent demand and strong rental rates. This offering represents a significant upside for investors, both experienced and new to the Missoula market, seeking a stable, cash-flowing asset in a thriving area. The asking price for this prime investment property is $3,300,000. This is a rare opportunity to acquire a substantial piece of Missoula's dynamic real estate market. The property's strong fundamentals and desirable location make it an attractive investment for those seeking long-term appreciation and consistent returns.

    Property Features for 3000 Washburn St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    59,677 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.0199
    Latitude
    46.84298

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    FAQs

    What type of property is this?
    Commercial real estate - 25-Unit Condo Complex, Prime Location
    Where is this commercial real estate located?
    The property is located at 3000 Washburn St Missoula, MT.
    What is the asking price?
    The asking price for this property is $3,300,000.
    (406) 532-9200
    Request Owner's contact information
    3000 Washburn St Missoula, MT 59801
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    Missoula, MT 59801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3000 Washburn St Missoula, MT 59801
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