Top-Floor Medical Office
For Sale
$345,000
304-2835 Fort Missoula Rd, Missoula, MT 59804
Move-in ready medical office suite with five exam rooms, reception, and a nurse station on the top floor.
Property Size1,138 SF
Price / SF$303.16
Days on Market396
Property Features for 304-2835 Fort Missoula Rd
General Information
Standard status
Active
Size
1,138 SF
Amenities
5 exam rooms
ADA-compliant restroom
nurse station
private doctor's office with en suite restroom
reception area
dedicated storage area
Listing Agency:
Lemm Real Estate, LLC
(406) 439-9555
Listed By:
David A. Lemm · License #11218
(406) 439-9555
Source:
Exprealty
Added: Jul 1, 2025
Changed: Jul 25
Last Checked: Jul 31 at 11:58AM
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 Lemm Real Estate, LLC
Investment Insights
Based on property information with market context.
Located on the top floor of Physicians Center #3, this medical office condominium offers an efficient clinical layout designed for patient flow. The suite includes five exam rooms, an ADA-compliant restroom, a nurse station, a welcoming reception area, and a private doctor’s office with an en suite restroom. Dedicated storage for records is available in the basement.
Ample public parking is provided in an adjacent lot, and the Missoula Community Hospital is located just behind the building. The property is offered for sale or lease and is described as move-in ready.
This is a practical option for practices looking for an established exam-room configuration within a medical campus setting.
Ample public parking is provided in an adjacent lot, and the Missoula Community Hospital is located just behind the building. The property is offered for sale or lease and is described as move-in ready.
This is a practical option for practices looking for an established exam-room configuration within a medical campus setting.
Key Highlights
- Approximately 1,138 SF top‑floor medical office condominium in Physicians Center #3
- Includes 5 exam rooms plus a welcoming reception area and nurse station
- Private doctor’s office with en suite restroom
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 | $28.7k | $25.20 |
| − Vacancy | −$3.0k | −$2.65 |
| EGI | $25.7k | $22.55 |
| − OpEx | −$10.3k | −$9.02 |
| NOI | $15.4k | $13.53 |
1,138 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$220.0K
$192.5K – $256.7K
NOI $15,400 @ 7.0% cap · market cap 4.46%
Second Best
Office B
$189.5K
$165.8K – $221.1K
NOI $13,263 @ 7.0% cap · market cap 3.84%
Theoretical Best
Specialty Retail
$328.1K
$287.1K – $382.8K
NOI $22,968 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59804, MT
8,193
Population
3,487
Households
2.3
Avg Household Size
47
Median Age
47%
College-Educated
97%
High-School Grad
126.3 sq mi
ZIP Area
65
Density / Sq Mi
$74,877
Median Household Income
$41,975
Median Earnings
$1,138
Median Rent
$507,300
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?
Medical Office Space - Move-in ready medical office suite with five exam rooms, reception, and a nurse station on the top floor.
Where is this medical office space located?
The property is located at 304-2835 Fort Missoula Rd Missoula, MT.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Approximately 1,138 SF top‑floor medical office condominium in Physicians Center #3; Includes 5 exam rooms plus a welcoming reception area and nurse station; Private doctor’s office with en suite restroom
