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    3708 Reserve St Missoula, MT 59808

    Sponsored
    For Sale
    $2,995,000

    Prime Missoula location, vacant bank, 7,012 SF.

    Property size:
    7,012 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,012-square-foot retail building, constructed in 2007, presents a unique investment opportunity in Missoula, Montana. Located on a 0.66-acre lot at 3708 N Reserve St, this Class A property boasts a highly desirable North Reserve Street location, experiencing a 2022 AADT of 25,882 vehicles. The two-story building features a triple drive-thru, ample surface parking (19 spaces), and is zoned C2-4, allowing for a variety of uses. The interior is well-maintained and offers a fully finished basement with a break room, conference room, bullpen area, and substantial storage, all accessible via elevator. The main floor includes a spacious lobby, four private offices, teller stations, a safe, and a tube system. Restrooms are conveniently located on both floors, facilitating potential multi-tenant occupancy. The property's proximity to Interstate 90 (approximately 0.8 miles) and its surrounding amenities, including restaurants, hotels (Hilton Garden Inn, Courtyard Marriott, Holiday Inn Express, Staybridge Suites, and Homewood Suites), and other businesses (Panda Express, IHOP, Old Chicago Pizza, Jiffy Lube, Firestone Tires, Smitty's Car Wash, and Dairy Queen Grill and Chill), further enhance its appeal. The asking price is $2,995,000, translating to $427.12 per square foot. This vacant property offers significant potential for a variety of retail or commercial ventures. The APN is 04-2200-08-2-03-25-0000. There is no ground lease.

    Property Features for 3708 Reserve St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,012 SF
    Class
    A
    Lot Size
    28,750 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    2

    HighLights

    • $2,995,000 asking price for this 7,012 square foot retail property.
    • Vacant, Class A, 2‑story building with 19 parking spaces.
    • Located at 3708 N Reserve St, Missoula, MT 59808, on a 0.66‑acre lot.
    • Features three drive‑thru lanes and C2‑4 zoning.
    • High traffic location on North Reserve Street (25,882 AADT in 2022), near restaurants, hotels, and other businesses, approximately 0.8 miles from Interstate 90.
    Property Profile Location Intelligence

    Current Use by Public Records

    Montana First Credit ... Credit Union

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon 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
    -114.0382822
    Latitude
    46.9042442

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    FAQs

    What type of property is this?
    Individual retail property - Prime Missoula location, vacant bank, 7,012 SF.
    Where is this individual retail property located?
    The property is located at 3708 Reserve St Missoula, MT.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: $2,995,000 asking price for this 7,012 square foot retail property.; Vacant, Class A, 2-story building with 19 parking spaces.; Located at 3708 N Reserve St, Missoula, MT 59808, on a 0.66-acre lot.
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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
    3708 Reserve St Missoula, MT 59808
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