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Prime Commercial Land Opportunity
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1427 W Broadway Street, Missoula, MT 59802

Opportunity Zone parcel near downtown with development potential.

Property SizeContact for details
Lot Size0.57 Acres
Days on Market1062

Property Features for 1427 W Broadway Street

General Information

Standard status Active
Lot size 0.57 Acres
Property subtype Land
Listing Agency: ERA Lambros Real Estate Missoula
Listed By: Annelise Hedahl · License #RRE-BRO-LIC-99066
Source: Crexi
Added: Sep 25, 2023 Changed: Aug 8 Last Checked: Aug 20 at 11:57AM

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 ERA Lambros Real Estate Missoula

Investment Insights

Based on property information with market context.

Located at 1427 W Broadway, this 0.573-acre parcel is positioned as a gateway to the 'Next Great Missoula Neighborhood Center,' as defined by the Envision West Broadway master plan. Situated within an Opportunity Zone, this property offers potential benefits through a federal program. It is located in URD II and may qualify for tax increment financing support via the Missoula Redevelopment Agency. Zoned C2-4 (Community Commercial), the site presents numerous possibilities for future development. Access is available from West Broadway, providing convenient access to Russell Street. A rear alley also provides access to North Russell Street and Hillsdale Street. The property connects to Ron's River Trail via a spur along North Russell Street, offering a shared-use path to downtown and neighborhoods south of the Clark Fork River. Transit services are located within walking distance. The City will consider projects consistent with the Envision West Broadway Master Plan. Projects that incorporate income-restricted housing units may be eligible for funding from the Missoula Redevelopment Agency Workforce Housing Pilot Program.

Key Highlights

  • Located in the 'Next Great Missoula Neighborhood Center'.
  • Zoned C2‑4 (Community Commercial) offering development possibilities.
  • Situated in an Opportunity Zone, potentially providing tax benefits.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Barber Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby

Demographics for 59802, MT

19,892
Population
10,416
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
96%
High-School Grad
45.4 sq mi
ZIP Area
438
Density / Sq Mi
$65,054
Median Household Income
$36,541
Median Earnings
$1,021
Median Rent
$420,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Opportunity Zone parcel near downtown with development potential.
Where is this commercial land located?
The property is located at 1427 W Broadway Street Missoula, MT.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Located in the 'Next Great Missoula Neighborhood Center'.; Zoned C2‑4 (Community Commercial) offering development possibilities.; Situated in an Opportunity Zone, potentially providing tax benefits.
(406) 546-6979 Call to check price and availability
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