Missoula Manufacturing and Warehouse
1001 S 3rd St W, Missoula, MT 59801
46,500 sq ft manufacturing, warehouse, and office space on 1.7 acres.
Type:Industrial
Property size:
46,584 SFLot size:
1.70 AcresPrice / SF:
$139/SF- Added:
- Oct 27, 2023
- Days on Market:
- 953
- Last Refresh:
- May 12 at 9:49 pm
Property Features for 1001 S 3rd St W
General Information
- Standard status
- Active
- Size
- 46,584 SF
- Lot size
- 1.70 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1968
Listing agent Jeff Moore License #RRE-BRO-LIC-9403
Listing office NAI Crowley Moore
Listing date Oct 27, 2023
Source Crexi
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 NAI Crowley Moore
HighLights
- State‑of‑the‑art, climate‑controlled manufacturing space with individually controlled suites, installed within the last 3 years.
- Previously used for nutraceutical manufacturing and regularly inspected by the FDA, indicating suitability for similar operations.
- Comprehensive facilities including office space (approx. 16,909 sf), warehouse (approx. 12,100 sf), laboratories (2 analytical, 1 microbiology with separate HVAC), and manufacturing space (approx. 13,800 sf).
- Turn‑key manufacturing setup including blending suites, coating operation room, packaging line room, sanitation wash room, and gowning area.
- Ample office space with 21 individual offices, two banks of cubicles (14 & 4 stations), server room, copy room, and large divisible conference room.
- Large 1.7‑acre lot with 45 off‑street parking spaces located in the heart of Missoula.
Overview
Located in Missoula, this approximately 46,500 sq ft light manufacturing building is for sale. Situated on a 1.7-acre lot (74,595 sq ft), the facility most recently manufactured nutritional supplements and features office space, a warehouse, laboratories, and manufacturing space. A state-of-the-art air purification system is in place. Constructed in 1968 and remodeled in 2001, the building is in excellent condition and was regularly inspected by the FDA as part of the manufacturing operation. The property includes ample off-street parking, accommodating over 200 employees previously, with 45 off-street parking spaces currently. The layout includes 21 individual offices, two banks of cubicles (14 and 4 stations), a server room, and a copy room. There are three labs (two analytical and one microbiology) with a separate HVAC system, a large conference room divisible by a wall, and a reception area. It also contains three restrooms (men’s, women’s, and multipurpose) and an employee breakroom with a rear entrance. As a former cGMP facility, it features a gowning area before the manufacturing area, two offices in the manufacturing area, three large blending suites, and 12 individual suites. Additional spaces include a coating operation room, a packaging line room, a sanitation wash room, a maintenance shop with an office, and an upper and lower warehouse with an office. Climate control (temperature, humidity, and dust) was installed in all manufacturing areas within the last 3 years, with individual controls for each suite. The property is zoned M1R and is suitable for most types of light manufacturing. The building includes approximately 13,800 sf of manufacturing space, approximately 12,100 sf of warehouse space, approximately 16,909 sf of office space, and approximately 3,775 sf of light manufacturing and miscellaneous space.
Local Financial Insights For Office B
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 | $978.3k | $21.00 |
| − Vacancy | −$254.3k | −$5.46 |
| EGI | $723.9k | $15.54 |
| − OpEx | −$181.0k | −$3.89 |
| NOI | $542.9k | $11.66 |
46,584 SF · lease $21.00/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.76M
$6.79M – $9.05M
NOI $542,937 @ 7.0% cap · market cap 8.35%
Second Best
Warehouse
$5.87M
$5.14M – $6.85M
NOI $410,916 @ 7.0% cap · market cap 6.32%
Theoretical Best
Specialty Retail
$13.43M
$11.75M – $15.67M
NOI $940,182 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Nutritional Laboratories
Industrial Manufacturer
Location Insight
- Map
- Local Demand
- City
- Missoula
- County
- Missoula
- State
- Montana
- Longitude
- -114.012021
- Latitude
- 46.866545
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - 46,500 sq ft manufacturing, warehouse, and office space on 1.7 acres.
Where is this manufacturing property located?
The property is located at 1001 S 3rd St W Missoula, MT.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: State‑of‑the‑art, climate‑controlled manufacturing space with individually controlled suites, installed within the last 3 years.; Previously used for nutraceutical manufacturing and regularly inspected by the FDA, indicating suitability for similar operations.; Comprehensive facilities including office space (approx. 16,909 sf), warehouse (approx. 12,100 sf), laboratories (2 analytical, 1 microbiology with separate HVAC), and manufacturing space (approx. 13,800 sf).
