Flex Space with Garage
New
For Lease
$1,800/Mo Modified Gross
515 Michigan Avenue, Missoula, MT 59802
Two separately accessed work areas offer heating, cooling, plumbing, and 220V power under a modified gross lease.
Space Size936 SF
Days on Market2
Property Features for 515 Michigan Avenue
General Information
Standard status
Active
Size
936 SF
Net Rentable
936 SF
Zoning
Neighborhood Center
Lease Type
Modified Gross
Space & Availability
Available Space
936 SF
Contiguous Space
936 SF
Lease Terms
Lease Rate
$1,800 /USD/MO
Monthly Rent
$1,800
Rent per SF/Year
$23.08
Lease Term
12 months
Month-to-Month
Yes
Flexible Term
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Drive-In Doors
2
Voltage
220 V
Amenities
heating
cooling
plumbing
220V power
half bath
utility sink
water heater
toilet
fresh paint
durable aluminum wall finishes
divided railroad storage container
two work areas
exterior entrance
10-foot overhead garage door
Building Details
Building Size
936 SF
Year Built
1961
Listing Agency:
Ink Realty Group
(406) 880-0595
Listed By:
Julie McLennan · License #RRE-RBS-LIC-108894
Source:
Purewestrealestate
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 4:27AM
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 Ink Realty Group
Investment Insights
Based on property information with market context.
This 936-square-foot flex space is arranged as two work areas separated by an interior wall. Each area has its own exterior entrance and a 10-foot overhead garage door. Building features include heating, cooling, plumbing, 220V power, and a half bath with a utility sink, water heater, and toilet. Fresh paint and aluminum wall finishes provide a practical interior environment. The modified gross lease includes flexible term options.
The property sits at 515 Michigan Avenue in Missoula, one block from Highway 200 East with access to the I-90 corridor. The site includes 4.5 dedicated paved parking spaces and access from the west end to a divided railroad storage container. Neighborhood Center zoning supports consideration of neighborhood-serving commercial uses identified in the property information, including studio, retail, flower shop, and e-bike rental concepts.
The building was constructed in 1961. Month-to-month or 12-month lease terms are preferred, with lease length negotiable.
The property sits at 515 Michigan Avenue in Missoula, one block from Highway 200 East with access to the I-90 corridor. The site includes 4.5 dedicated paved parking spaces and access from the west end to a divided railroad storage container. Neighborhood Center zoning supports consideration of neighborhood-serving commercial uses identified in the property information, including studio, retail, flower shop, and e-bike rental concepts.
The building was constructed in 1961. Month-to-month or 12-month lease terms are preferred, with lease length negotiable.
Key Highlights
- 936 SF flex space divided into two work areas
- Two exterior entrances and two 10‑foot overhead garage doors
- Heating, cooling, plumbing, 220V power, and half bath
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Under-served
Demand for This Use
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
Market
Lease Benchmarks for Missoula, MT
$16.71 /SF/Yr
Avg Asking Price
$13.95–$24.87 /SF/Yr
Price Range
11,903 SF
Avg Space Size
This space is priced 38% above the average of $16.71 /SF/Yr.
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two separately accessed work areas offer heating, cooling, plumbing, and 220V power under a modified gross lease.
Where is this flex space located?
The property is located at 515 Michigan Avenue Missoula, MT.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 936 SF flex space divided into two work areas; Two exterior entrances and two 10‑foot overhead garage doors; Heating, cooling, plumbing, 220V power, and half bath
