Third-Floor Medical Office
2831 Fort Missoula Road 304 Missoula, MT 59804
2831 Fort Missoula Road 304, Missoula, MT, 59804
$340,000
Pending
For Sale
$340,000
Pending
Third-floor condo with elevator access, updated interiors, and four treatment rooms within a campus medical center.
Property Size1,200 SF
Days on Market19
Property Features for 2831 Fort Missoula Road 304
General Information
- Standard status
- Pending
- Size
- 1,200 SF
- Property subtype
- Commercial
Listing agency
Point 6 Real Estate, LLC
(406) 544-5014
Listed by
Josh Plum · License #75379
Source
Clearwaterproperties
Added: Jul 4 Updated: Jul 21 at 3:52AM Checked: Jul 22 at 4:04AM
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 Point 6 Real Estate, LLC
Investment Insights
Based on property information with market context.
Well maintained 1,200 SF medical or professional condo located on the third floor of Building 2 at the Community Medical Center campus. The elevator-served building provides convenient accessibility and parking.
Inside, the suite features updated interior improvements including new flooring and fresh paint. A remodeled private bathroom is included within the unit, along with shared public restrooms in the building. The functional layout offers a large lobby and reception area, four treatment rooms (three equipped with sinks), and a dedicated break/Lab space.
Ownership is supported by an association that covers building maintenance and utilities, with the exception of electric and internet. The condo setting is designed for medical, wellness, or professional medical support uses within the campus environment.
Inside, the suite features updated interior improvements including new flooring and fresh paint. A remodeled private bathroom is included within the unit, along with shared public restrooms in the building. The functional layout offers a large lobby and reception area, four treatment rooms (three equipped with sinks), and a dedicated break/Lab space.
Ownership is supported by an association that covers building maintenance and utilities, with the exception of electric and internet. The condo setting is designed for medical, wellness, or professional medical support uses within the campus environment.
Key Highlights
- 1,200 SF third‑floor medical/professional condo in Building 2 at the Community Medical Center campus
- Elevator‑served building with additional parking on site for patient/visitor access
- Updated interiors include new flooring and fresh paint throughout
Local Financial Insights For Healthcare Medical
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 | $30.2k | $25.20 |
| − Vacancy | −$3.2k | −$2.65 |
| EGI | $27.1k | $22.55 |
| − OpEx | −$10.8k | −$9.02 |
| NOI | $16.2k | $13.53 |
1,200 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$232.0K
$203.0K – $270.7K
NOI $16,239 @ 7.0% cap · market cap 4.78%
Second Best
Office B
$199.8K
$174.8K – $233.1K
NOI $13,986 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$346.0K
$302.7K – $403.7K
NOI $24,219 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Missoula Family Medicine- ...
Pediatrician
Boeson Research
Medical Clinic
Community Physician Group
Medical Group
Denise Huey, LCSW, ...
Counselor
Chad Kay, MSPT
Physician
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- Seegraber Frank J DVM — 2411 Dearborn Ave, Missoula, MT 59801, United States
- Cross Andrew DVM — Missoula, MT 59804
FAQs
What type of property is this?
Medical Office Space - Third-floor condo with elevator access, updated interiors, and four treatment rooms within a campus medical center.
Where is this medical office space located?
The property is located at 2831 Fort Missoula Road 304 Missoula, MT.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,200 SF third‑floor medical/professional condo in Building 2 at the Community Medical Center campus; Elevator‑served building with additional parking on site for patient/visitor access; Updated interiors include new flooring and fresh paint throughout