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Third-Floor Medical Office Condo

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
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.

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 (±1% cap)
NOI $16,239 @ 7.0% cap · market cap 4.78%
Second Best
Office B
$199.8K
$174.8K – $233.1K (±1% cap)
NOI $13,986 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$346.0K
$302.7K – $403.7K (±1% cap)
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

Suggested Use

Parking Lot & Garage Carpet & Flooring Store Catering Service Butcher Grocery & Convenience Store Florist Acupuncture Locksmith Tanning Salon (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Missoula Vet Clinic — 3701 Old US-93, Missoula, MT 59804
  • Big Sky Veterinary Clinic — 2411 Dearborn Ave, Missoula, MT 59801
  • Hanson Jessica DVM — 3701 Old U.S. 93, Missoula, MT 59804
  • 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
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