Lower-Floor Office
For Sale
Contact for pricing
1620 Regent Street Unit B&C B&C, Missoula, MT 59801
Office space with a private entrance, bright reception area, and multiple enclosed work areas.
Property Size813 SF
Price / SF$1.50
Days on Market90
Property Features for 1620 Regent Street Unit B&C B&C
General Information
Standard status
Active
Size
813 SF
Additional Details
Floor
lower floor
Building Details
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices - Missoula
(406) 721-4141
Listed By:
Kathi Olson · License #RRE-RBS-LIC-13865
(406) 544-7359
Source:
Hrrealtymt
Added: Jul 23
Changed: Oct 16
Last Checked: Oct 19 at 6:11AM
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 Berkshire Hathaway HomeServices - Missoula
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This lower-level office unit at 1620 Regent Street features its own entrance and a reception or bullpen area with substantial natural light. The layout includes three additional office areas totaling approximately 813 square feet, creating a practical arrangement for a compact professional workplace.
The building occupies the southwest corner of Burlington and Regent, with access from the north entrance on Regent. Parking is available in the lot and along the street. The NNN structure includes taxes, insurance, common area maintenance, and utilities.
The building occupies the southwest corner of Burlington and Regent, with access from the north entrance on Regent. Parking is available in the lot and along the street. The NNN structure includes taxes, insurance, common area maintenance, and utilities.
Key Highlights
- Lower‑floor office unit with private entrance
- Approximately 813 SF of total office area
- Large reception or bullpen space with natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,476
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,520
$189.5K
Cap Rate 7%
$135,371
$135.4K
Cap Rate 9%
$105,289
$105.3K
Market Conditions
NOI Build-Up for 813 SF
Gross rent
$17.1K $21.00/SF
− Vacancy
−$4.4K −$5.46/SF
EGI
$12.6K $15.54/SF
− OpEx
−$3.2K −$3.89/SF
NOI
$9.5K $11.66/SF
Area
Missoula County, MT
Vacancy
26.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,520
Cap Rate 7%
$135,371
Cap Rate 9%
$105,289
Alternative Uses
Best Use
Office B
$135.4K
$118.5K – $157.9K
NOI $9,476 @ 7.0% cap · market cap 776.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$234.4K
$205.1K – $273.5K
NOI $16,408 @ 7.0% cap · market cap 1,344.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
Explore this area
Business Placement
Demographics for 59801, MT
30,629
Population
15,814
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,978
Density / Sq Mi
$55,022
Median Household Income
$34,320
Median Earnings
$1,086
Median Rent
$393,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office space with a private entrance, bright reception area, and multiple enclosed work areas.
Where is this office unit located?
The property is located at 1620 Regent Street Unit B&C B&C Missoula, MT.
What are key features of this property?
This property features: Lower‑floor office unit with private entrance; Approximately 813 SF of total office area; Large reception or bullpen space with natural light
