Main-Floor Office
For Sale
Contact for pricing
715 Kensington, Missoula, MT 59801
ADA-compliant workspace with reception, private offices, storage, and on-site parking.
Property Size35,528 SF
Price / SF$0.05
Days on Market76
Property Features for 715 Kensington
General Information
Standard status
Active
Size
35,528 SF
Property subtype
Commercial
Zoning
C1-4
Additional Details
Floor
Main Floor
Office Units
1
Amenities
large front lobby and reception area
large windows
private bathroom
large storage room
1.00
1
Building Details
Year Built
1965
Listing Agency:
Mountain Real Estate, Inc
Listed By:
Aaron Gingerelli · License #44748
(406) 215-4825
Source:
Clearwaterproperties
Added: Aug 8
Changed: Oct 21
Last Checked: Oct 20 at 7:02PM
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 Mountain Real Estate, Inc
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Investment Insights
Based on property information with market context.
This approximately 1,280-square-foot office suite occupies the main floor of a 1965 professional building. Its layout includes a welcoming entry lobby, reception area, four private offices, a substantial storage room, and a private bathroom. Large windows bring natural light into the workspace, while ADA compliance supports accessible occupancy.
The property sits at the corner of Bancroft and Kensington within Professional Village in Missoula. On-site parking is provided, and the location is near shopping, dining, and other established businesses. The suite is zoned C1-4, with a 2025 AADT traffic count of 3,002. Availability is scheduled for 10/19/2026.
The property sits at the corner of Bancroft and Kensington within Professional Village in Missoula. On-site parking is provided, and the location is near shopping, dining, and other established businesses. The suite is zoned C1-4, with a 2025 AADT traffic count of 3,002. Availability is scheduled for 10/19/2026.
Key Highlights
- Approximately 1,280 sq ft main‑floor office suite
- Four private offices, reception area, storage room, and private bathroom
- ADA‑compliant suite with large windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$414,079
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,281,580
$8.3M
Cap Rate 7%
$5,915,414
$5.9M
Cap Rate 9%
$4,600,878
$4.6M
Market Conditions
NOI Build-Up for 35,528 SF
Gross rent
$746.1K $21.00/SF
− Vacancy
−$194.0K −$5.46/SF
EGI
$552.1K $15.54/SF
− OpEx
−$138.0K −$3.89/SF
NOI
$414.1K $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%
$8,281,580
Cap Rate 7%
$5,915,414
Cap Rate 9%
$4,600,878
Alternative Uses
Best Use
Office B
$5.92M
$5.18M – $6.90M
NOI $414,079 @ 7.0% cap · market cap 22,084.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$10.24M
$8.96M – $11.95M
NOI $717,044 @ 7.0% cap · market cap 38,242.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
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Business Placement
Demographics for 59801, MT
30,629
Population
15,814
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,978
Density / Sq Mi
$55,022
Median Household Income
$34,320
Median Earnings
$1,086
Median Rent
$393,400
Median Home Value
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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 - ADA-compliant workspace with reception, private offices, storage, and on-site parking.
Where is this office unit located?
The property is located at 715 Kensington Missoula, MT.
What are key features of this property?
This property features: Approximately 1,280 sq ft main‑floor office suite; Four private offices, reception area, storage room, and private bathroom; ADA‑compliant suite with large windows
