Former Bank Building with
4500 Expressway Missoula, MT 59808
4500 Expressway, Missoula, MT, 59808
$1,790,000
For Sale
$1,790,000
Former bank building on a 1.9-acre lot with drive-up infrastructure, private offices, and parking for customers and staff.
Property Size3,596 SF
Price / SF$497.78
Days on Market531
Property Features for 4500 Expressway
General Information
- Standard status
- Active
- Size
- 3,596 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2007
Listing agency
Windermere R E Missoula
(406) 370-8550
Listed by
Tarah Hillesland · License #RRE-RBS-LIC-119055
(406) 370-8550
Source
Exitrealty
Added: Feb 6, 2025 Updated: Jul 22 at 2:14PM Checked: Jul 22 at 2:14PM
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 Windermere R E Missoula
Investment Insights
Based on property information with market context.
Built in 2007, this former bank building sits on a sprawling 1.9-acre lot and totals more than 3,000 square feet. The property retains many features suited to its prior use, including drive-up infrastructure. Inside, the layout includes four private offices, a spacious open-concept lobby, and separate men’s and women’s bathrooms. Durable ceramic tile flooring and automatic doors support easy accessibility.
The exterior features a stone facade with a custom wooden beam feature at the covered entryway. The building also benefits from ample private parking and mature landscaping. Zoning is described as supporting a variety of business applications.
The site is located conveniently along Expressway and adjacent to the Canyon Creek neighborhood, providing visibility and easy access for prospective customers and employees.
The exterior features a stone facade with a custom wooden beam feature at the covered entryway. The building also benefits from ample private parking and mature landscaping. Zoning is described as supporting a variety of business applications.
The site is located conveniently along Expressway and adjacent to the Canyon Creek neighborhood, providing visibility and easy access for prospective customers and employees.
Key Highlights
- Former bank building built in 2007 on a 1.9‑acre lot with 3,000+ SF of commercial space
- Drive‑up infrastructure for added convenience, plus automatic doors and accessible entry
- Layout includes 4 private offices and a spacious open‑concept lobby
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 | $99.2k | $27.60 |
| − Vacancy | −$2.5k | −$0.69 |
| EGI | $96.8k | $26.91 |
| − OpEx | −$24.2k | −$6.73 |
| NOI | $72.6k | $20.18 |
3,596 SF · lease $27.60/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.04M
$907.2K – $1.21M
NOI $72,576 @ 7.0% cap · market cap 4.05%
Second Best
Retail
$634.3K
$555.0K – $740.1K
NOI $44,403 @ 7.0% cap · market cap 2.48%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Expressway Auto & Motorsports
Car Dealership
ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Former bank building on a 1.9-acre lot with drive-up infrastructure, private offices, and parking for customers and staff.
Where is this bank located?
The property is located at 4500 Expressway Missoula, MT.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Former bank building built in 2007 on a 1.9‑acre lot with 3,000+ SF of commercial space; Drive‑up infrastructure for added convenience, plus automatic doors and accessible entry; Layout includes 4 private offices and a spacious open‑concept lobby
