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    Missoula Commercial Property For Sale Title is generated by Realmo AI

    3712 N Reserve St, Missoula, MT

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    Commercial property with drive-through lanes and surface parking.

    Type:OFFICE
    Property size:
    7,012 SF
    Lot size:
    0.66 Acres
    Price / SF:
    $313/SF
    Added:
    Feb 7, 2025
    Days on Market:
    493
    Last Refresh:
    May 20 at 8:37 pm

    Property Features for 3712 N Reserve St

    General Information

    Standard status
    Active
    Size
    7,012 SF
    Lot size
    0.66 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Claire Matten, CCIM/SIOR
    Claire Matten, CCIM/SIOR

    Listing agent Claire Matten, CCIM/SIOR License #90048

    Listing office Sterling CRE Advisors

    Listing date Feb 7, 2025

    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

    • Three (3) drive through lanes
    • Permissive C2‑4 zoning
    • High traffic count of 25,881 (2022 AADT)
    • ±0.8 miles from the Interstate 90 interchange
    • Surrounded by restaurants, hotels and other businesses
    • Surface Parking

    Overview

    This commercial property in Missoula, Montana, features surface parking and three drive-through lanes. The property is zoned C2-4, offering permissive usage. It is located approximately 0.8 miles from the Interstate 90 interchange and is surrounded by restaurants, hotels, and other businesses. The North Reserve traffic count was 25,881 in 2022 (AADT). The property size is 7,012 square feet.

    Local Financial Insights For Specialty 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 $193.5k $27.60
    − Vacancy −$4.8k −$0.69
    EGI $188.7k $26.91
    − OpEx −$47.2k −$6.73
    NOI $141.5k $20.18
    7,012 SF · lease $27.60/SF/yr · vacancy 2.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.02M
    $1.77M – $2.36M (±1% cap)
    NOI $141,520 @ 7.0% cap · market cap 6.43%
    Second Best
    Retail
    $1.24M
    $1.08M – $1.44M (±1% cap)
    NOI $86,584 @ 7.0% cap · market cap 3.94%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply 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
    -114.038
    Latitude
    46.9046

    FAQs

    What type of property is this?
    Office building - Commercial property with drive-through lanes and surface parking.
    Where is this office building located?
    The property is located at 3712 N Reserve St Missoula, MT.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Three (3) drive through lanes; Permissive C2‑4 zoning; High traffic count of 25,881 (2022 AADT)
    (406) 360-3102 Call to check price and availability
    More about this property
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