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    2305 Stephens Ave Missoula, MT 59801

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    For Sale
    $2,400,000

    Large office building in Midtown Missoula, ideal for various uses.

    Property size:
    6,599 SF
    Lot size:
    0.30 Acres

    Property Features for 2305 Stephens Ave

    General Information

    Size
    6,599 SF
    Lot size
    0.30 Acres

    Source: Sterling CRE Advisors Agent Connor McMahon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Missoula Office Building For Sale

    Located in the Midtown Missoula district, the property at 2307 Stephens Avenue presents an opportunity to acquire a large office building. Situated two blocks east of Brooks Street, the property benefits from a central location within a commercial area near the Southgate Mall. The building, maintained by its original owner, is positioned on a 0.289-acre parcel. It features dedicated parking for staff and clients. The property is zoned C1-4 by the City of Missoula, which allows for commercial use. It is suitable as a single or multi-tenant office building, as well as for medical office use, with access to all utilities. Neighboring businesses include professional and financial service providers, with local dining options such as Ruby’s Cafe, Paul’s Pancake Parlor, and Rice Thai within walking distance. The property currently has tenants on month-to-month leases, offering a buyer the option to renew existing leases, occupy the property, or re-lease the property. The building size is 6,599 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply 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
    -114.0133208
    Latitude
    46.8495184

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    FAQs

    What type of property is this?
    Office building - Large office building in Midtown Missoula, ideal for various uses.
    Where is this office building located?
    The property is located at 2305 Stephens Ave Missoula, MT.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Large office building in the highly sought-after Midtown Missoula district.; - Permissive commercial zoning (City of Missoula, C1-4) allows for single or multi-tenant office use, or medical office.; - Well-maintained building by its original owner.
    (406) 370-6424
    Request Owner's contact information
    2305 Stephens Ave 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
    2305 Stephens Ave Missoula, MT 59801
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