Mixed-Use Building with High
For Sale
Under Contract
$579,000
1521 Cooper Street, Missoula, MT 59802
CommercialSale, Missoula, MT
Property Size4,640 SF
Lot Size0.18 Acres
Price / SF$124.78
Days on Market201
Property Features for 1521 Cooper Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
C-14
Parking
5
Parking features
Alley, On Street
Lot features
Level
Directions
Follow directions to 1521 Cooper Street, Missoula, Montana 59802 provided via google maps. Heading west on W Broadway St, turn right onto Cowper Street. Parking is available in alleyway, and gas station parking lot. Entrance is the door with "Zoo BJJ" decal on the front
Standard status
Active Under Contract
APN
04220016304080000
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CHOOL ADDITION, S16, T13 N, R19 W, BLOCK 71, Lot 6 - 7
Tax Annual Amount
6587
Legal Description
CHOOL ADDITION, S16, T13 N, R19 W, BLOCK 71, Lot 6 - 7
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1955
Building materials
MetalSiding
Listing Agency:
Engel & Volkers Western Frontier - Missoula · Engel & Völkers
(406) 926-3322
Listed By:
Dawn Maddux · License #RRE-BRO-LIC-31860
(406) 550-4131
Added: Mar 20
Changed: Sep 25
Last Checked: Oct 6 at 9:06AM
MLS# 30067098
Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use building contains 4,640 square feet on a 7,797-square-foot lot. The 3,360-square-foot main level is arranged with three high-ceilinged areas and a lobby that creates a defined entry point. Two bathrooms are located on the lower level, while the 1,280-square-foot upper floor provides additional interior area for offices, storage, or work functions.
The property is located at 1521 Cooper Street in Missoula, Montana, and carries C-14 zoning. Building features include metal siding, forced-air heating, and central air conditioning. Parking is available through alley access and on-street spaces, with public water and public sewer serving the property. Built in 1955, the building offers a combination of open floor areas and smaller supporting spaces for varied commercial use.
The property is located at 1521 Cooper Street in Missoula, Montana, and carries C-14 zoning. Building features include metal siding, forced-air heating, and central air conditioning. Parking is available through alley access and on-street spaces, with public water and public sewer serving the property. Built in 1955, the building offers a combination of open floor areas and smaller supporting spaces for varied commercial use.
Key Highlights
- 4,640‑square‑foot building on a 7,797‑square‑foot lot
- 3,360‑square‑foot main level with three high‑ceiling spaces
- 1,280‑square‑foot upper area for offices, storage, or work functions
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
Flex RnD
$819.0K
$716.6K – $955.5K
NOI $57,328 @ 7.0% cap · market cap 9.90%
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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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C-14-zoned property includes open areas, a lobby, offices, storage, and display potential.
Where is this mixed-use property located?
The property is located at 1521 Cooper Street 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: 4,640‑square‑foot building on a 7,797‑square‑foot lot; 3,360‑square‑foot main level with three high‑ceiling spaces; 1,280‑square‑foot upper area for offices, storage, or work functions
