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Urban Infill Commercial Land
For Sale
$6,750,000

115 S 4th St W, Missoula, MT 59801

Redevelopment site with seven commercial tenants under predominantly triple-net lease structures.

Property Size21,852 SF
Price / SF$308.90
Days on Market12

Property Features for 115 S 4th St W

General Information

Standard status Active
Size 21,852 SF

Building Details

Year Built 1923
Listing Agency: Eagen Real Estate
Listed By: Jessie M Eagen · License #8043
Source: Toporealestate
Added: Aug 22 Changed: Aug 29 Last Checked: Sep 1 at 9:00PM

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 combines an assembled redevelopment site with existing income-producing improvements dating to 1923. Seven commercial tenants occupy the property under predominantly triple-net lease structures, with lease expirations staggered from 2026 through 2029. The current configuration can support continued operations while redevelopment planning advances.

Located in Missoula’s Hip Strip district, the property benefits from an alley vacation approved in June 2025, removing the alley that previously divided the assemblage. The site is zoned to align with the City’s highest-density downtown designation. Missoula’s Unified Development Code took effect March 4, 2026, eliminating citywide parking minimums, removing density maximums, and allowing by-right development under the stated regulations.

Key Highlights

  • Seven commercial tenants in place
  • Predominantly triple‑net lease structures
  • Lease expirations staggered from 2026‑2029

Property Analytics

Current Use

GCS. Your Data. ... (Bike/Boat/Book/etc) Store Taco Sano Restaurant Whacking Fatties (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Cafe & Coffee Shop Pet Store & Service Bar & Pub Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment site with seven commercial tenants under predominantly triple-net lease structures.
Where is this commercial land located?
The property is located at 115 S 4th St W 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: Seven commercial tenants in place; Predominantly triple‑net lease structures; Lease expirations staggered from 2026‑2029
More about this property
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