Renovated Office
For Sale
$690,000
207-2300 Regent St, Missoula, MT 59801
Second-floor office condominium with flexible room layout, multiple entrances, built-in cabinetry, and dedicated parking.
Property Size2,432 SF
Price / SF$283.72
Days on Market548
Property Features for 207-2300 Regent St
General Information
Standard status
Active
Size
2,432 SF
Total Parking Spaces
6
Elevators
Yes
Additional Details
Floor
2
HOA Fee
$633
Taxes and HOA fees
Annual Taxes
$8,273
Amenities
deck
private bathroom with shower
kitchen and break area
community bathrooms
Building Details
Buildings
1
Listing Agency:
ERA Lambros Real Estate Missoula
(406) 532-9200
Listed By:
Rick Meisinger · License #RRE-BRO-LIC-12362
(406) 240-6031
Source:
Exprealty
Added: Apr 7, 2025
Changed: Sep 14
Last Checked: Oct 5 at 7:32PM
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 ERA Lambros Real Estate Missoula
Investment Insights
Based on property information with market context.
This renovated 2,432-square-foot office condominium occupies the second floor of Regent Place, a commercial condominium building. The layout includes a reception area with built-in desk and cabinetry, eight rooms suitable for offices, meetings, or storage, and three separate entrances. The rear employee entry opens to a deck with Mount Sentinel views. Interior features include sawn-wood flooring, wood trim, extensive built-in cabinetry, and a kitchen and break area equipped with a refrigerator, dishwasher, double sinks, and storage. The unit also has a private bathroom with shower, while two additional community bathrooms are located outside the third access point.
The building includes an ADA-accessible lift and access to public parking. Six dedicated parking spaces are included with the unit. Regent Place is near the fairgrounds, banks, restaurants, shops, and downtown Missoula, placing the office within an established commercial setting.
The building includes an ADA-accessible lift and access to public parking. Six dedicated parking spaces are included with the unit. Regent Place is near the fairgrounds, banks, restaurants, shops, and downtown Missoula, placing the office within an established commercial setting.
Key Highlights
- 2,432‑square‑foot renovated second‑floor office condominium
- Eight rooms plus reception area, kitchen, break area, and private bathroom with shower
- Three separate entrances, including rear access to a deck with Mount Sentinel views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,345
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,900
$566.9K
Cap Rate 7%
$404,929
$404.9K
Cap Rate 9%
$314,944
$314.9K
Market Conditions
NOI Build-Up for 2,432 SF
Gross rent
$51.1K $21.00/SF
− Vacancy
−$13.3K −$5.46/SF
EGI
$37.8K $15.54/SF
− OpEx
−$9.4K −$3.89/SF
NOI
$28.3K $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%
$566,900
Cap Rate 7%
$404,929
Cap Rate 9%
$314,944
Alternative Uses
Best Use
Office B
$404.9K
$354.3K – $472.4K
NOI $28,345 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$701.2K
$613.6K – $818.1K
NOI $49,084 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,718
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office condominium with flexible room layout, multiple entrances, built-in cabinetry, and dedicated parking.
Where is this office units located?
The property is located at 207-2300 Regent St Missoula, MT.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 2,432‑square‑foot renovated second‑floor office condominium; Eight rooms plus reception area, kitchen, break area, and private bathroom with shower; Three separate entrances, including rear access to a deck with Mount Sentinel views
