Building Details

Year Built 1955

Listing Agency: Engel & Völkers Western Frontier - Missoula

Listed By: Dawn Maddux · License #RRE-BRO-LIC-31860 Show Phone

Source: Clearwaterproperties

Added: Mar 27 Changed: Oct 16 Last Checked: Oct 16 at 5:16AM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This mixed-use commercial property is located in Missoula, Montana. The building has a total area of 4,640 square feet and is situated on a 7,797 square foot lot. The property is zoned C-14, offering versatility for various uses. The main level spans 3,360 square feet and features three high-ceiling spaces suitable for open work areas, warehouse use, or product display. A spacious lobby provides a professional entrance. Two bathrooms are located on the lower level. The upstairs area provides 1,280 square feet of space for offices, storage, or additional work areas. This property is located in a growing business hub and presents an opportunity for investors or business owners to establish or expand their presence in Missoula.

Key Highlights

• Prime mixed‑use commercial property in the heart of Missoula.
• Large 7,797 square foot lot with a 4,640 square foot building.
• C‑14 zoning offers exceptional versatility and unlimited potential.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$40,929

Cap Rate

7.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$818,580 $818.6K

Cap Rate 7%

$584,700 $584.7K

Cap Rate 9%

$454,767 $454.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,640 SF

Gross rent

$51.2K $11.04/SF

− Vacancy

−$3.1K −$0.66/SF

EGI

$48.2K $10.38/SF

− OpEx

−$7.2K −$1.56/SF

NOI

$40.9K $8.82/SF

Area

Missoula County, MT

Vacancy

6.00%

Lease Rate

$11.04 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$818,580

Cap Rate 7%

$584,700

Cap Rate 9%

$454,767

Alternative Uses

Best Use

Office B

$772.6K

$676.0K – $901.3K (±1% cap)

NOI $54,079 @ 7.0% cap · market cap 9.34%

Second Best

Warehouse

$584.7K

$511.6K – $682.2K (±1% cap)

NOI $40,929 @ 7.0% cap · market cap 7.07%

Theoretical Best

Specialty Retail

$1.34M

$1.17M – $1.56M (±1% cap)

NOI $93,647 @ 7.0% cap · market cap 16.17%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Zoo Brazilian Jiu ... Training Center Moon Lotus Intuitive ... Life Coach

Suggested Use

Top Pick Grocery & Convenience Store Home Appliance Store Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon

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

799

Businesses Nearby

Explore this area Business Placement

Demographics for 59802, MT

19,892

Population

10,416

Households

1.9

Avg Household Size

37

Median Age

52%

College-Educated

96%

High-School Grad

45.4 sq mi

ZIP Area

438

Density / Sq Mi

$65,054

Median Household Income

$36,541

Median Earnings

$1,021

Median Rent

$420,200

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Similar For Sale Nearby

See more

Fifth-Floor Office Suites

101 E Broadway Street, Unit 5, Missoula, MT 59802

$995,000

4,600 SF

View details

Missoula Warehouse Condominium Units

4-6725 Butler Creek Rd, Missoula, MT 59808

$499,000

4,050 SF

View details

Live-Work Property with Detached Shop

1732 Defoe St, Missoula, MT 59802

$735,000

4,124 SF

View details

Broadway Mixed-Use Commercial Building

414 W Broadway Street, Missoula, MT 59802

$495,000

3,615 SF

View details

7-Unit Apartment Building with Commercial Space

412 E Spruce Street, Missoula, MT 59802

$850,000

5,419 SF

View details

3-Suite Office Condo

619 SW Higgins Ave, Missoula, MT 59803

$750,000

3,260 SF

View details

Manual Roll-Up Door Warehouse Condo

6725 Butler Creek Road, Unit 4, Missoula, MT 59808

$499,000

2,382 SF

View details

Renovated Office Condominium

207-2300 Regent St, Missoula, MT 59801

$690,000

2,432 SF

View details

Flex Space with Mezzanine Storage

F-5730 Expressway, Missoula, MT 59808

$439,000

2,120 SF

View details

Flex Condominium with Mezzanine Storage

5730 Expressway, Missoula, MT 59808

$439,000

0.05 Acres

View details

NNN Office Condominium with Private Entrance

3760 Mullan Road, B, Missoula, MT 59808

$1,106,207

2,630 SF

View details

New Construction Office Unit

B-3760 Mullan Rd, Missoula, MT 59808

$1,106,207

2,630 SF

View details

Frequently Asked Questions

What type of property is this?

Mixed-use property - Versatile commercial property in Missoula with high-ceiling spaces.

Where is this mixed-use property located?

The property is located at 1521 Cooper Missoula, MT.

What is the asking price?

The asking price for this property is $579,000.

What are key features of this property?

This property features: Prime mixed‑use commercial property in the heart of Missoula.; Large 7,797 square foot lot with a 4,640 square foot building.; C‑14 zoning offers exceptional versatility and unlimited potential.