Retail Space on South
1518 South Ave W Missoula, MT
1518 South Ave W, Missoula, MT, 00000
Contact for pricing
For Sale
Contact for pricing
High-visibility retail space with versatile zoning and seller financing.
Property Size2,164 SF
Lot Size0.20 Acres
Price / SF$323.01
Days on Market363
Property Features for 1518 South Ave W
General Information
- Standard status
- Active
- Size
- 2,164 SF
- Lot size
- 0.20 Acres
- Property subtype
- RETAIL
Listing agency
Sterling CRE Advisors
(406) 370-6424
Listed by
Connor McMahon · License #RRE-RBS-LIC-88267
(406) 370-6424
Source
Moodyscre
Added: Jul 25, 2025 Updated: Jul 6 at 10:04AM Checked: Jul 21 at 7:01AM
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.
This retail space is located on South Avenue West, benefiting from high visibility and strong traffic exposure at the intersection of South Russell Street and Brooks Street. Its location near Southgate Mall and Trempers Shopping Center enhances visibility to potential clients and customers. The property's B2-1 zoning (City of Missoula) allows for either retail or professional office use. On-site parking and easy access to South Avenue West and the Brooks Street Corridor provide convenience for both customers and employees. The property size is 2164 square feet. Seller financing is available for a well-qualified buyer at the seller's discretion.
Key Highlights
- High‑visibility location with strong traffic exposure.
- Prime positioning near Southgate Mall and Trempers Shopping Center.
- Versatile B2‑1 zoning allows for retail or professional office use.
Local Financial Insights For Retail
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 | $39.0k | $18.00 |
| − Vacancy | −$779 | −$0.36 |
| EGI | $38.2k | $17.64 |
| − OpEx | −$11.5k | −$5.29 |
| NOI | $26.7k | $12.35 |
2,164 SF · lease $18.00/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$381.7K
$334.0K – $445.4K
NOI $26,721 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$623.9K
$545.9K – $727.9K
NOI $43,675 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Montana Wedding Hair ...
Cosmetic Store
Anam Cara Massage
Alternative Medicine Practice
Allure Beauty
Hair Salon
Elite Body Piercings
Tattoo & Piercing Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - High-visibility retail space with versatile zoning and seller financing.
Where is this retail space located?
The property is located at 1518 South Ave W Missoula, MT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: High‑visibility location with strong traffic exposure.; Prime positioning near Southgate Mall and Trempers Shopping Center.; Versatile B2‑1 zoning allows for retail or professional office use.
