Two-Level Flex
1401 W Broadway St Missoula, MT 59802
1401 W Broadway St, Missoula, MT, 59802
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For Sale
Contact for pricing
Two-level flexible space totaling 21,756 SF with on-site parking and C2-4 zoning.
Property Size21,756 SF
Price / SF$119.51
Days on Market526
Property Features for 1401 W Broadway St
General Information
- Standard status
- Active
- Size
- 21,756 SF
- Property subtype
- RETAIL
Listing agency
Sterling CRE Advisors
(406) 546-4752
Listed by
Joe Tredik
(406) 546-4752
Source
Moodyscre
Added: Feb 11, 2025 Updated: Jul 21 at 4:04PM Checked: Jul 22 at 3:38AM
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 Sterling CRE Advisors
Investment Insights
Based on property information with market context.
Centrally located flex warehouse property offering 21,756 square feet of flexible space across two levels. The layout is open and adaptable, designed to support industrial, warehouse, or retail operations, with on-site parking available for day-to-day use.
Located at 1401 W Broadway St in Missoula, the property sits within the West Broadway Master Plan revitalization area. It benefits from proximity to North Russell Street, Downtown Missoula, and the North Reserve Street Commercial Corridor, supporting convenient visibility and accessibility.
The property is also offered with permissive C2-4 zoning, providing flexibility for a range of business needs in the corridor.
Located at 1401 W Broadway St in Missoula, the property sits within the West Broadway Master Plan revitalization area. It benefits from proximity to North Russell Street, Downtown Missoula, and the North Reserve Street Commercial Corridor, supporting convenient visibility and accessibility.
The property is also offered with permissive C2-4 zoning, providing flexibility for a range of business needs in the corridor.
Key Highlights
- Two‑level flexible commercial/industrial space totaling 21,756 SF
- Open, adaptable floor plan for industrial, warehouse, or retail operations
- On‑site parking included
Local Financial Insights For Warehouse
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 | $240.2k | $11.04 |
| − Vacancy | −$14.4k | −$0.66 |
| EGI | $225.8k | $10.38 |
| − OpEx | −$33.9k | −$1.56 |
| NOI | $191.9k | $8.82 |
21,756 SF · lease $11.04/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$3.84M
$3.36M – $4.48M
NOI $268,800 @ 7.0% cap · market cap 10.34%
Second Best
Retail
$3.84M
$3.36M – $4.48M
NOI $268,643 @ 7.0% cap · market cap 10.33%
Theoretical Best
Specialty Retail
$6.27M
$5.49M – $7.32M
NOI $439,090 @ 7.0% cap · market cap 16.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Burns St. Bistro — 1500 Burns St, Missoula, MT 59802
- Riversong Gourmet — 101 N Johnson St, Missoula, MT 59801
FAQs
What type of property is this?
Flex space - Two-level flexible space totaling 21,756 SF with on-site parking and C2-4 zoning.
Where is this flex space located?
The property is located at 1401 W Broadway St Missoula, MT.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Two‑level flexible commercial/industrial space totaling 21,756 SF; Open, adaptable floor plan for industrial, warehouse, or retail operations; On‑site parking included
