1012 Sussex Ave Missoula, MT 59801
- Commercial real estate
- 3,468 SF
- 0.33 lot acres
Current Use by Public Records
- Dotz Piano Tuning Sales / Piano Store
Property Details for 1012 Sussex Ave
- Year built
- 1955
- Lot size
- 0.33 lot acres
- Property size
- 3,468 SF
- Property type
- Commercial real estate
Description
This exceptional 3,468 square foot commercial property, situated on a 0.33-acre lot at 1012 W Sussex Avenue in Missoula, Montana, presents a compelling investment opportunity. Located just one block north of the Missoula Fairgrounds and conveniently off Highway 12, this property boasts significant upside potential. Currently configured as a fourplex, the building comprises three one-bedroom, one-bathroom rental units, all currently occupied, plus a spacious owner's unit featuring four rooms, a kitchen, and a bathroom. A detached garage is also included on the property. The property's C1-4 zoning allows for a wide range of commercial uses. Investors can capitalize on the existing rental income, potentially increasing rents after renovations, or pursue a complete redevelopment of the site, taking advantage of its prime location and high demand. The existing structure offers a solid foundation for immediate income generation while the zoning and location provide flexibility for future development plans. The seller is offering attractive financing options, making this an even more accessible investment opportunity. This property is ideal for those seeking a versatile commercial investment with significant potential for growth and return. The property's proximity to the Missoula Fairgrounds and Highway 12 ensures high visibility and accessibility.
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
- -114.014
- Latitude
- 46.85003
