Missoula Mixed-Use Commercial
For Sale
$579,000
Pending
1521 Cooper, Missoula, MT 59802
Versatile commercial property in Missoula with high-ceiling spaces.
Property Size4,640 SF
Lot Size0.18 Acres
Days on Market194
Property Features for 1521 Cooper
General Information
Standard status
Pending
Size
4,640 SF
Lot size
0.18 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,587
Amenities
Garage: Additional Parking,Alley Access,On Street
Additional Parking,Alley Access,On Street
Building Details
Year Built
1955
Listing Agency:
Engel & Völkers Western Frontier - Missoula
Listed By:
Dawn Maddux · License #RRE-BRO-LIC-31860
(406) 550-4131
Source:
Clearwaterproperties
Added: Mar 27
Changed: Oct 6
Last Checked: Oct 5 at 7:36PM
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
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
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
NOI $54,079 @ 7.0% cap · market cap 9.34%
Second Best
Warehouse
$584.7K
$511.6K – $682.2K
NOI $40,929 @ 7.0% cap · market cap 7.07%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,647 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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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.
