Urban Infill Commercial
New
For Sale
$6,750,000
115 4th, Missoula, MT 59801
Contiguous redevelopment site with seven commercial tenants and predominantly triple-net lease structures.
Property Size21,852 SF
Price / SF$308.90
Days on Market7
Property Features for 115 4th
General Information
Standard status
Active
Size
21,852 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$68,414
Amenities
Garage: On Street
On Street
Building Details
Year Built
1923
Listing Agency:
Eagen Real Estate
(406) 542-1811
Listed By:
Jessie M Eagen · License #8043
Source:
Clearwaterproperties
Added: Aug 11
Changed: Aug 16
Last Checked: Aug 16 at 6:51AM
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 Eagen Real Estate
Investment Insights
Based on property information with market context.
This commercial land offering occupies an urban infill position in Missoula’s Hip Strip district. The property is currently occupied by seven commercial tenants, with predominantly NNN lease structures and lease terms staggered through 2026–2029. Existing improvements date to 1923, providing an established commercial presence while the site is evaluated for future redevelopment.
An alley vacation approved in June 2025 removed the alley that previously divided the property, creating a contiguous footprint with greater planning flexibility. The site is zoned consistently with the City’s highest-density downtown designation. Missoula’s Unified Development Code, effective March 4, 2026, eliminates citywide parking minimums and density maximums while allowing by-right development. The property is located at 115 4th in the Hip Strip district.
An alley vacation approved in June 2025 removed the alley that previously divided the property, creating a contiguous footprint with greater planning flexibility. The site is zoned consistently with the City’s highest-density downtown designation. Missoula’s Unified Development Code, effective March 4, 2026, eliminates citywide parking minimums and density maximums while allowing by-right development. The property is located at 115 4th in the Hip Strip district.
Key Highlights
- Commercial land in Missoula’s Hip Strip district
- Seven commercial tenants currently occupy the property
- Predominantly NNN lease structures with terms staggered through 2026–2029
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,221
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Contiguous redevelopment site with seven commercial tenants and predominantly triple-net lease structures.
Where is this commercial land located?
The property is located at 115 4th Missoula, MT.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Commercial land in Missoula’s Hip Strip district; Seven commercial tenants currently occupy the property; Predominantly NNN lease structures with terms staggered through 2026–2029
