1020 Reserve St Missoula, MT 59801
- Office buildings
- 1,156 SF
- 0.53 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1020 Reserve St
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 0.53 lot acres
- Property size
- 1,156 SF
- Zone code
- 3
- Property type
- Office buildings
- APN
- 04-2200-29-2-47-62-0000
- APU
- 4220029247620000
Description
This exceptional 51,009 square foot redevelopment site in Missoula, Montana, presents a unique investment opportunity. Located at 1020 S Reserve St, 59801, this property boasts approximately 280 feet of frontage on S Reserve Street, a location experiencing some of the highest traffic counts in Montana (36,000 vehicles per day). The B2-2 zoning allows for a wide range of commercial uses, including office, retail, and multifamily developments. Multiple ingress and egress points provide excellent accessibility, further enhanced by convenient access to municipal water and sewer via 9th Street. The property currently includes income-producing office and residential structures, offering potential to offset holding costs during the redevelopment process. This prime location offers excellent visibility and presents a compelling opportunity for significant return on investment. The asking price is $2,200,000. This is a rare chance to acquire a high-traffic, versatile property in a thriving Montana market.
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
- -114.039
- Latitude
- 46.862
- CBSA code
- 33540
- CBSA name
- MISSOULA, MT METROPOLITAN STATISTICAL AREA