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    High Visibility Commercial Property Title is generated by Realmo AI

    2610 S Reserve St, Missoula, MT

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    Well-maintained commercial property in high visibility area with dedicated parking.

    Type:RETAIL
    Property size:
    28,512 SF
    Lot size:
    1.13 Acres
    Price / SF:
    $182/SF
    Added:
    Sep 25, 2023
    Days on Market:
    989
    Last Refresh:
    May 20 at 8:26 pm

    Property Features for 2610 S Reserve St

    General Information

    Standard status
    Active
    Size
    28,512 SF
    Lot size
    1.13 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Connor McMahon
    Connor McMahon

    Listing agent Connor McMahon License #RRE-RBS-LIC-88267

    Listing office Sterling CRE Advisors

    Listing date Sep 25, 2023

    Source Moodyscre

    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 Sterling CRE Advisors

    HighLights

    • High visibility location directly off South Reserve Street
    • Grade and truck loading with 23' clear height
    • Dedicated parking lot
    • Monument signage with significant daily traffic volumes
    • Zoned for commercial use
    • Well‑maintained property with renovated building facade

    Overview

    This well-maintained commercial property features a renovated building facade and is located in a high visibility area directly off of South Reserve Street. The property includes monument signage and experiences significant daily traffic volumes. It is zoned for commercial use and features a dedicated parking lot. The building includes grade and truck loading, along with a 23' clear height. The property size is 28,512 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $513.2k $18.00
    − Vacancy −$10.3k −$0.36
    EGI $503.0k $17.64
    − OpEx −$150.9k −$5.29
    NOI $352.1k $12.35
    28,512 SF · lease $18.00/SF/yr · vacancy 2.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $5.03M
    $4.40M – $5.87M (±1% cap)
    NOI $352,066 @ 7.0% cap · market cap 6.78%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $8.22M
    $7.19M – $9.59M (±1% cap)
    NOI $575,443 @ 7.0% cap · market cap 11.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Real Estate Lending Credit Union Clearwater Credit Union Bank The Living Room Furniture & Home Goods DreamSleep Mattress Store Furniture & Home Goods

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.039
    Latitude
    46.8892

    FAQs

    What type of property is this?
    Storefront property - Well-maintained commercial property in high visibility area with dedicated parking.
    Where is this storefront property located?
    The property is located at 2610 S Reserve St Missoula, MT.
    What is the asking price?
    The asking price for this property is $5,190,000.
    What are key features of this property?
    This property features: High visibility location directly off South Reserve Street; Grade and truck loading with 23' clear height; Dedicated parking lot
    (406) 370-6424 Call to check price and availability
    More about this property
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