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    127 Alder St Missoula, MT 59802

    For Sale
    $1,200,000

    Prime location, bar/restaurant, huge potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional mixed-use property at 127 W Alder Street in Missoula, Montana, is offered at $1,200,000. Boasting a 3,900 square foot lot, this building presents a unique investment opportunity in the heart of downtown Missoula. Currently operating as a bar and restaurant, the property includes all fixtures, furniture, and equipment (FF&E). The existing business utilizes a liquor license, offering a seamless transition for a buyer wishing to continue the current operation via a concession agreement. Alternatively, the property's CBD zoning allows for a wide range of alternative uses, providing significant flexibility for future development. A key feature is the outdoor patio, expanding seating capacity during warmer months. The sale includes both the building and the land, presenting a compelling opportunity for entrepreneurs seeking a thriving downtown Missoula location. The property's central location and versatile zoning make it an ideal investment for those seeking a high-return opportunity in a vibrant and growing city. The existing business, "The James Bar," is also included in the sale.

    Property Features for 127 Alder St

    General Information

    Property type
    Mixed-use properties

    HighLights

    • $1,200,000 mixed‑use property at 127 W Alder Street, Missoula, MT.
    • 3,900 square foot lot in downtown Missoula.
    • Includes all fixtures, furniture, and equipment (FF&E).
    • Currently operating as "The James Bar," a bar and restaurant with a liquor license; concession agreement possible.
    • CBD zoning allows for diverse alternative uses.
    • Features an outdoor patio.
    Property Profile Location Intelligence

    Current Use by Public Records

    James Bar Restaurant

    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
    -113.993224
    Latitude
    46.8750752

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, bar/restaurant, huge potential.
    Where is this mixed-use property located?
    The property is located at 127 Alder St Missoula, MT.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 mixed-use property at 127 W Alder Street, Missoula, MT.; 3,900 square foot lot in downtown Missoula.; Includes all fixtures, furniture, and equipment (FF&E).
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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
    127 Alder St Missoula, MT 59802
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