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    1401 Broadway St Missoula, MT 59802

    Sponsored
    For Sale
    $2,600,000

    ±21,756 SF, High-Traffic Location

    Property size:
    21,756 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±21,756 square foot, two-story building presents a unique investment opportunity in Missoula, Montana. Located at 1401 W Broadway St, this freestanding property boasts a flexible floor plan suitable for various industrial, warehouse, or retail uses. Built in 1976 and renovated in 2009, the building sits on a 0.34-acre lot and features ample on-site parking. The C2-4 zoning allows for diverse business operations. Its prime location on West Broadway Street offers excellent visibility and accessibility, benefiting from proximity to key transportation arteries like North Russell Street and the North Reserve Street Commercial Corridor. The property is strategically positioned within a revitalization area, as outlined in the West Broadway Master Plan, promising future growth and enhanced infrastructure. This presents a compelling opportunity for businesses seeking high-traffic exposure and a central location within a thriving community. The asking price is $2,600,000. The property's APN is 04-2200-21-2-19-04-0000.

    Property Features for 1401 Broadway St

    General Information

    Property type
    Distribution properties
    Square Feet
    21,756 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built/Renovated
    1976/2009
    Buildings
    1
    Stories
    2

    HighLights

    • ±21,756 SF flexible industrial/retail space on two levels.
    • Open, adaptable floor plan suitable for various uses.
    • On‑site parking; C2‑4 zoning allows diverse businesses.
    • Located in the West Broadway Master Plan revitalization area.
    • Excellent visibility and access near North Russell Street, Downtown Missoula, and the North Reserve Street Corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.01634615971
    Latitude
    46.878057520068

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    FAQs

    What type of property is this?
    Distribution property - ±21,756 SF, High-Traffic Location
    Where is this distribution property located?
    The property is located at 1401 Broadway St Missoula, MT.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: ±21,756 SF flexible industrial/retail space on two levels.; Open, adaptable floor plan suitable for various uses.; On-site parking; C2-4 zoning allows diverse businesses.
    Request Owner's contact information
    1401 Broadway St Missoula, MT 59802
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    Missoula, MT 59802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 Broadway St Missoula, MT 59802
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