525/515 Michigan Ave Missoula, MT 59802
- Warehouses
Current Use by Public Records
- Warehouses
Property Details for 525/515 Michigan Ave
- Year built
- 1961
- Property type
- Warehouses
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use property at 525/515 Michigan Avenue in Missoula, Montana, presents a compelling investment opportunity. Built in 1961, this warehouse sits on a substantial 11,979 square foot lot and is currently configured as two separate units. One side functions as an auto mechanic repair shop, while the other is utilized for finish carpentry. This dual-occupancy setup offers immediate income potential with existing tenants, providing a strong return on investment. The property's layout is adaptable, allowing for easy conversion back into a single, larger warehouse space to suit a variety of business needs. Located in Missoula, MT, zip code 59802, the property benefits from convenient highway access, expanding its potential uses and market reach. The asking price for this versatile property is $725,000. This presents a rare chance to acquire a well-situated, income-generating warehouse in a thriving Montana market. The property's size and location make it ideal for a range of businesses seeking a functional and strategically positioned space. The existing tenants provide a stable income stream while offering the flexibility to adapt the space to future requirements. Don't miss this chance to own a piece of Missoula's commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Missoula
- County
- Missoula
- State
- Montana
- Longitude
- -113.943
- Latitude
- 46.8733
