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Flex Space with Garage Doors
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515 Michigan Avenue, Missoula, MT 59802

Two separately accessed work areas offer adaptable commercial functionality for neighborhood-serving businesses.

Property Size936 SF
Price / SF$1.92
Days on Market2

Property Features for 515 Michigan Avenue

General Information

Standard status Active
Size 936 SF
Property subtype Commercial
Zoning Neighborhood Center

Site & Location

Highway Access Yes
Utilities to Site Yes

Amenities

divided railroad storage container
Garage: Assigned
1.00
1
Assigned

Building Details

Year Built 1961
Listing Agency: Ink Realty Group
Listed By: Julie McLennan · License #RRE-RBS-LIC-108894
Source: Clearwaterproperties
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 21 at 4:24AM

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 property is arranged as two work areas separated by an interior partition. Each area has its own exterior entry and a 10-foot overhead garage door. Building systems include heating, cooling, plumbing, and 220V power, along with a half bath containing a utility sink, water heater, and toilet. Fresh paint and aluminum wall panels provide a practical finished environment. The property was built in 1961.

Neighborhood Center zoning is identified for the site, with potential applications including an art studio, flower shop, e-bike rental, retail operation, and other compatible neighborhood-serving businesses. The property sits one block from Highway 200 East, with access to the I-90 corridor. The site also includes 4.5 dedicated paved parking spaces and access to a divided railroad storage container from the west end.

Key Highlights

  • 936 square feet of flex commercial space
  • Two work areas, each with an exterior entrance and 10‑foot overhead garage door
  • Heating, cooling, plumbing, and 220V power

Property Analytics

Current Use

Auto Medics Auto Repair Shop Vapor Hone Montana Hardware & Home Improvement Bruno Classics Car Dealership Number 8 Wire ... Motorcycle Shop

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Restaurant Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two separately accessed work areas offer adaptable commercial functionality for neighborhood-serving businesses.
Where is this flex space located?
The property is located at 515 Michigan Avenue Missoula, MT.
What are key features of this property?
This property features: 936 square feet of flex commercial space; Two work areas, each with an exterior entrance and 10‑foot overhead garage door; Heating, cooling, plumbing, and 220V power
More about this property
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