Renovated Office Unit with
For Sale
Under Contract
$690,000
2300 Regent Street, Missoula, MT 59801
CommercialSale, Missoula, MT
Property Size2,432 SF
Lot Size0.30 Acres
Price / SF$283.72
Days on Market551
Property Features for 2300 Regent Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
C1-4
Parking features
Alley
Interior features
Elevator
Accessibility
Accessible Elevator Installed
Lot features
Level
Directions
From intersection at Stephens and Brooks, go south on Stephens, right on Sussex after Flying S Title, left on Regent Street before traffic light.
Standard status
Active Under Contract
APN
04220028304127207
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
REGENT PLACE CONDOMINIUMS, S28, T13 N, R19 W, UNIT SUITE 207
Tax Annual Amount
8273
Legal Description
REGENT PLACE CONDOMINIUMS, S28, T13 N, R19 W, UNIT SUITE 207
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
deck
private bathroom with shower
community bathrooms
kitchen and break area
Building Details
Year built
2005
Flooring type
Carpet, Tile, Wood
Building materials
MetalSiding, WoodFrame
Listing Agency:
ERA Lambros Real Estate Missoula · ERA Real Estate
(406) 532-9200
Listed By:
Rick Meisinger · License #RRE-BRO-LIC-12362
(406) 240-6031
Added: Apr 7, 2025
Changed: Sep 15
Last Checked: Oct 9 at 10:06AM
MLS# 30045899
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 second-floor office unit at Regent Place contains 2,432 square feet and was built in 2005. The renovated interior includes a reception area with built-in desk and cabinetry, eight adaptable rooms, sawn-wood flooring, wood trim, and additional built-in storage. A private bathroom with shower, kitchen and break area, refrigerator, dishwasher, double sinks, and storage support daily operations. Three separate entrances include a client-facing entry and a rear employee entrance opening to a deck with Mount Sentinel views.
The commercial condo building includes an accessible elevator lift, public parking access, and six dedicated parking spaces for the unit. The property is near the fairgrounds, banks, restaurants, and shops, with downtown Missoula minutes away. Commercial zoning, public water and sewer, natural gas forced-air heat, and central air round out the property’s operating features.
The commercial condo building includes an accessible elevator lift, public parking access, and six dedicated parking spaces for the unit. The property is near the fairgrounds, banks, restaurants, and shops, with downtown Missoula minutes away. Commercial zoning, public water and sewer, natural gas forced-air heat, and central air round out the property’s operating features.
Key Highlights
- 2,432 sq. ft. second‑floor office unit at Regent Place
- Eight rooms with three separate entrances and flexible interior configuration
- Six dedicated parking spaces plus access to public parking
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
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,511
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
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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?
Office units - Second-floor commercial office with flexible rooms, built-in cabinetry, kitchen facilities, and accessible building entry.
Where is this office units located?
The property is located at 2300 Regent Street 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 sq. ft. second‑floor office unit at Regent Place; Eight rooms with three separate entrances and flexible interior configuration; Six dedicated parking spaces plus access to public parking
