135 Broadway St Missoula, MT 59802
- Commercial real estate
- 748 SF
Current Use by Public Records
- Garden City Deck Solutions / Deck Builder
Property Details for 135 Broadway St
- Year built
- 1908
- Construction
- WOOD
- Property size
- 748 SF
- Property type
- Commercial real estate
- APN
- 04-2200-22-2-23-12-7007
- APU
- 4220022223127007
Description
This exceptional mixed-use commercial property, located at 135 W Broadway Street in the heart of downtown Missoula, Montana, presents a unique investment opportunity. Priced at $2,900,000, this 18,163 square foot building is situated within the historic Palace Hotel. The property consists of commercial condominiums, currently 100% leased to four diverse tenants. The main floor, approximately 11,000 square feet, houses a hair salon, cannabis store, commercial kitchen, casino, and a 600-person capacity music venue and whiskey bar. The basement level, roughly 7,000 square feet, is occupied by a pool hall and an off-premise alcohol catering business. The Palace Hotel building shares its structure with the Missoula Housing Authority (MHA), and both MHA and the Bavarian (referencing the commercial condos) are part of a condo association responsible for shared building expenses and maintenance. Note that the business opportunity is listed separately under MLS# 30029944. This property offers a compelling blend of established businesses and high-traffic location in a vibrant downtown setting. The zip code is 59802.
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
- -113.995
- Latitude
- 46.8722
- CBSA code
- 33540
- CBSA name
- MISSOULA, MT METROPOLITAN STATISTICAL AREA