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3819 Stephens Ave Missoula, MT 59801

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For Sale
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High-NOI Retail Building in Missoula, MT

Property size:
14,701 SF

Property Features for 3819 Stephens Ave

General Information

Property type
Retail properties
Square Feet
14,701 SF
Lot Size
43,560 SF

Building Details

Units
5

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Listing Contact
Devin Khoury
Devin Khoury

Listing Agency: PureWest Real Estate Listing Agent: Devin Khoury

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Missoula retail property, located at 3819 Stephens Avenue, offers a compelling investment opportunity with a strong 5.88% cap rate and a substantial net operating income (NOI) of $188,000. The 14,701 square foot building sits on a one-acre lot and features five units, all benefiting from strong, long-term commercial leases providing excellent stability. Recently updated, the property boasts modern amenities including an elevator for convenient access to multiple levels. The building's design incorporates well-appointed suites suitable for a variety of businesses, complemented by well-maintained common areas. Two former racquetball courts have been converted into workout centers, adding value and versatility. The upper level offers multiple smaller suites with potential for live-in owner quarters or additional rental income. Situated near the South Hills of Missoula, this property offers a desirable location with scenic views and ample parking. The combination of prime location, upgraded infrastructure, and versatile space makes this a standout asset in the Missoula market. The asking price is $3,199,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Froines Law office Law Firm Missoula Radiology Medical Clinic WSW Media Advertising Agency Academy Mortgage - Missoula Loan Service Missoula Therapy Counselor

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
-114.0138171
Latitude
46.8359603

FAQs

What type of property is this?
Retail property - High-NOI Retail Building in Missoula, MT
Where is this retail property located?
The property is located at 3819 Stephens Ave Missoula, MT.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: Exceptional Missoula retail property at 3819 Stephens Avenue, offering a 5.88% cap rate and $188,000 NOI.; 14,701 square foot building on a one-acre lot with five units, all under strong, long-term leases.; Recently updated with modern amenities, including an elevator.
(406) 207-8200 Call to check price and availability
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