Flex Space With Two Work
New
For Lease
$1,800/Mo
515 Michigan Avenue, Missoula, MT 59802
CommercialLease, Missoula, MT
Space Size936 SF
Lot Size0.28 Acres
Days on Market4
Property Features for 515 Michigan Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Zoning description
Neighborhood Center
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Parking
4
Parking features
Assigned
Exterior features
Storage
Directions
East Missoula, State highway 200 E, turn on Clyde Street, corner of Clyde St and Michigan Ave
Standard status
Active
APN
04220024127150000
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
EAST MISSOULA ADDITION # 18, S24, T13 N, R19 W, Lot 13A
Legal Description
EAST MISSOULA ADDITION # 18, S24, T13 N, R19 W, Lot 13A
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Ductless
Building Details
Year built
1961
Flooring type
Concrete
Building materials
MetalFrame, MetalSiding, WoodFrame
Additional Structures
Storage
Listing Agency:
Ink Realty Group
(406) 728-8270
Listed By:
Julie McLennan · License #RRE-RBS-LIC-108894
(406) 880-0595
Added: Aug 18
Changed: Aug 20
Last Checked: Aug 21 at 2:06AM
MLS# 30076954
Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 936-square-foot flex space at 515 Michigan Avenue is arranged as two work areas separated by an interior wall. Each area has its own exterior entry and 10-foot overhead garage door. Improvements include heating and cooling, plumbing, 220V power, a half bath, utility sink, water heater, and toilet. Concrete flooring, fresh paint, and aluminum wall finishes support practical commercial use. The property also includes a divided railroad storage container, with access from the west end available to the tenant.
The site provides 4.5 dedicated paved parking spaces and public sewer service. It is located one block from Highway 200 East, with access to the I-90 corridor and proximity to Marshall Mountain Recreation Park and the Clark Fork River. Lease terms are negotiable, with month-to-month or 12-month arrangements preferred.
The site provides 4.5 dedicated paved parking spaces and public sewer service. It is located one block from Highway 200 East, with access to the I-90 corridor and proximity to Marshall Mountain Recreation Park and the Clark Fork River. Lease terms are negotiable, with month-to-month or 12-month arrangements preferred.
Key Highlights
- 936 square feet of flex space divided into two work areas
- Two exterior entrances, each paired with a 10‑foot overhead garage door
- Heating, cooling, plumbing, and 220V power in place
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.46 /SF/Yr
CAM
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 - Commercial suite with separate entrances, overhead doors, utility infrastructure, and assigned parking.
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 square feet of flex space divided into two work areas; Two exterior entrances, each paired with a 10‑foot overhead garage door; Heating, cooling, plumbing, and 220V power in place
