Prominent Frontage Medical
1526 S Reserve Street, Missoula, MT 59801
Functionally laid out for chiropractic and other healthcare services with strong visibility and signage along a major commercial corridor.
Type:Commercial
Property size:
4,428 SFPrice / SF:
$214/SF- Added:
- Jun 17, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 20 at 3:57 am
Property Features for 1526 S Reserve Street
General Information
- Standard status
- Active
- Size
- 4,428 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing office Engel & Völkers Western Frontier - Missoula
Listing date Jun 17, 2026
Source Clearwaterproperties
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 Engel & Völkers Western Frontier - Missoula
HighLights
- Currently configured and operating as a chiropractic office
- Functionally laid out for medical, chiropractic, physical therapy, wellness, counseling, dental, or other professional service uses
- Prominent Reserve Street frontage with signage
- Located on one of Missoula’s primary commercial corridors among other healthcare providers
- Garage/parking: additional parking and shared driveway
- Year built: 1965
Overview
This property is currently configured and operating as a chiropractic office, offering a functional layout for medical, chiropractic, physical therapy, wellness, counseling, dental, or other professional service use. The space is designed to support day-to-day patient and client visits, with an established healthcare-focused operating setup at the property.
Situated on a primary commercial corridor, the building benefits from prominent frontage on Reserve Street, with visibility and signage for passing traffic. The surrounding area includes an established cluster of complementary healthcare providers, including medical offices, chiropractors, physical therapists, and wellness businesses.
The property is well suited for an owner-user healthcare provider seeking an immediately usable office arrangement and a highly visible presence on Reserve Street. It also offers a practical fit for investors evaluating a healthcare-oriented, professional-use asset with an existing configuration aligned to common tenant requirements in the medical and wellness space.
Situated on a primary commercial corridor, the building benefits from prominent frontage on Reserve Street, with visibility and signage for passing traffic. The surrounding area includes an established cluster of complementary healthcare providers, including medical offices, chiropractors, physical therapists, and wellness businesses.
The property is well suited for an owner-user healthcare provider seeking an immediately usable office arrangement and a highly visible presence on Reserve Street. It also offers a practical fit for investors evaluating a healthcare-oriented, professional-use asset with an existing configuration aligned to common tenant requirements in the medical and wellness space.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.6k | $25.20 |
| − Vacancy | −$11.7k | −$2.65 |
| EGI | $99.9k | $22.55 |
| − OpEx | −$39.9k | −$9.02 |
| NOI | $59.9k | $13.53 |
4,428 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$856.0K
$749.0K – $998.7K
NOI $59,921 @ 7.0% cap · market cap 6.31%
Second Best
Office B
$737.3K
$645.1K – $860.1K
NOI $51,608 @ 7.0% cap · market cap 5.43%
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,368 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
ProAdjuster Chiropractic Clinic
Alternative Medicine Practice
ProAdjuster Chiropractic Clinic ...
Alternative Medicine Practice
Similar Places Nearby
- Five Valleys Veterinary Clinic — 2510 Spurgin Rd # C, Missoula, MT 59804
- Pet Emergency Center — 1914 S Reserve St, Missoula, MT 59801
- Sentinel Veterinary Specialists and Emergency — 1704 S Reserve St, Missoula, MT 59801
- Missoula Veterinary Specialty — 1914 S Reserve St, Missoula, MT 59801
Location Insight
- Map
- Local Demand
- City
- Missoula
- County
- Missoula
- State
- Montana
- Longitude
- -114.0389114
- Latitude
- 46.8567959
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Functionally laid out for chiropractic and other healthcare services with strong visibility and signage along a major commercial corridor.
Where is this medical office space located?
The property is located at 1526 S Reserve Street Missoula, MT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Currently configured and operating as a chiropractic office; Functionally laid out for medical, chiropractic, physical therapy, wellness, counseling, dental, or other professional service uses; Prominent Reserve Street frontage with signage
