Two-Story Office Space with Private
For Sale
Contact for pricing
425 5th, Missoula, MT 59802
4,214 SF two-story professional office includes lobby/reception, 12 private offices, and conference rooms.
Property Size4,214 SF
Price / SF$0.01
Days on Market93
Property Features for 425 5th
General Information
Standard status
Active
Size
4,214 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,265
Building Details
Year Built
1993
Stories
2
Listing Agency:
ERA Lambros Real Estate Missoula
Listed By:
Adam Hertz · License #RRE-RBS-LIC-24957
(406) 239-1865
Source:
Clearwaterproperties
Added: Jul 25
Changed: Oct 25
Last Checked: Oct 24 at 2:32PM
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 ERA Lambros Real Estate Missoula
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Investment Insights
Based on property information with market context.
Highly visible 4,214 SF two-story professional office space located within the Grand Avenue Retail Condominiums. The interior includes a bright lobby/reception area, 12 private offices, two conference rooms, three bathrooms, and a full kitchen/break room. Additional storage and copy areas are also included, supporting a functional layout for day-to-day professional use.
The building offers excellent access and visibility from the Orange Street I-90 interchange, with convenient proximity to downtown Missoula and nearby restaurants and coffee shops. The property is offered for sale.
This suite is configured to accommodate multiple offices and meeting space in one location, with amenities such as restrooms and a full break room for staff convenience.
The building offers excellent access and visibility from the Orange Street I-90 interchange, with convenient proximity to downtown Missoula and nearby restaurants and coffee shops. The property is offered for sale.
This suite is configured to accommodate multiple offices and meeting space in one location, with amenities such as restrooms and a full break room for staff convenience.
Key Highlights
- 4,214 SF two‑story professional office in Grand Avenue Retail Condominiums at 425 N 5th St W
- Move‑in date by Nov 1, 2026 offers a move‑in bonus up to $42,604 (per public remarks)
- Bright lobby/reception plus 12 private offices and two conference rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,114
Suggested Prices Based on Cap Rates
Cap Rate 5%
$982,280
$982.3K
Cap Rate 7%
$701,629
$701.6K
Cap Rate 9%
$545,711
$545.7K
Market Conditions
NOI Build-Up for 4,214 SF
Gross rent
$88.5K $21.00/SF
− Vacancy
−$23.0K −$5.46/SF
EGI
$65.5K $15.54/SF
− OpEx
−$16.4K −$3.89/SF
NOI
$49.1K $11.66/SF
Area
Missoula County, MT
Vacancy
26.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$982,280
Cap Rate 7%
$701,629
Cap Rate 9%
$545,711
Alternative Uses
Best Use
Office B
$701.6K
$613.9K – $818.6K
NOI $49,114 @ 7.0% cap · market cap 223,245.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.42M
NOI $85,049 @ 7.0% cap · market cap 386,586.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,361
Businesses Nearby
Explore this area
Business Placement
Demographics for 59802, MT
19,892
Population
10,416
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
96%
High-School Grad
45.4 sq mi
ZIP Area
438
Density / Sq Mi
$65,054
Median Household Income
$36,541
Median Earnings
$1,021
Median Rent
$420,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - 4,214 SF two-story professional office includes lobby/reception, 12 private offices, and conference rooms.
Where is this office unit located?
The property is located at 425 5th Missoula, MT.
What are key features of this property?
This property features: 4,214 SF two‑story professional office in Grand Avenue Retail Condominiums at 425 N 5th St W; Move‑in date by Nov 1, 2026 offers a move‑in bonus up to $42,604 (per public remarks); Bright lobby/reception plus 12 private offices and two conference rooms
