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    414 Broadway St Missoula, MT 59802

    For Sale
    $650,000

    Prime Location, High Traffic, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional mixed-use commercial property at 414 W Broadway Street in Missoula, Montana, presents a compelling investment opportunity. Built in 1950, the building sits on a 4,835 square foot lot and offers a total of 3,615 square feet of space. The main level comprises 1,439 square feet of office space, ideal for a variety of businesses. This area features a walk-in front desk, multiple offices or storage rooms, a kitchenette, and bathrooms. Its high-traffic location on Broadway Street ensures excellent visibility and accessibility. Upstairs, a 1,412 square foot, two-bedroom rental unit generates additional income. A 764 square foot unfinished basement provides ample storage. The property includes six off-street parking spaces, one designated for handicap accessibility, supplemented by available street parking. The asking price for this well-maintained building is $650,000. This property is zoned for mixed-use and offers significant potential for growth and return on investment. The combination of established rental income and flexible commercial space makes this a truly unique opportunity in a thriving Montana market. The property's location in the heart of Missoula provides easy access to amenities and a strong customer base. Don't miss this chance to acquire a valuable asset in a desirable location.

    Property Features for 414 Broadway St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1950

    HighLights

    • Mixed‑use commercial building at 414 W Broadway St, Missoula, MT.
    • 3,615 square feet on a 4,835 square foot lot, built in 1950.
    • Main level features 1,439 square feet of office space with a reception area, multiple rooms, kitchenette, and bathrooms.
    • Upstairs: 1,412 sq ft, 2‑bedroom rental unit.
    • 764 sq ft unfinished basement for storage.
    • Six off‑street parking spaces, including one handicapped‑accessible space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bitterroot Property Management Property Management Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -113.9988336
    Latitude
    46.8738155

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, High Traffic, Investment Opportunity
    Where is this office property / space located?
    The property is located at 414 Broadway St Missoula, MT.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Mixed-use commercial building at 414 W Broadway St, Missoula, MT.; 3,615 square feet on a 4,835 square foot lot, built in 1950.; Main level features 1,439 square feet of office space with a reception area, multiple rooms, kitchenette, and bathrooms.
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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
    414 Broadway St Missoula, MT 59802
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