1026 5th W St, Missoula, MT 59801-2428
This exceptional mixed-use property, located at 1026 S 5th Street in Missoula, Montana, presents a unique investment opportunity. The 5,042 square foot building, constructed in 1932, sits on a sizable 26,157 square foot corner lot. Its strategic location offers easy access to key areas including 3rd Street, Russell Street, Reserve Street, Broadway, Higgins Avenue, The Hip Strip, the University, Downtown, and Midtown. For over 70 years, the property served as a union hall and training center. With the union constructing a new facility, a rent-back option may be available until completion. While most furniture and electronics will be removed, built-in fixtures such as exhaust systems will remain. The property is surrounded by revitalized businesses and residential properties, indicating a strong and growing neighborhood. An alley easement behind the building provides additional access. The asking price for this property is $1,862,000. This presents a rare chance to acquire a substantial property in a thriving Montana city with significant redevelopment potential. The large lot size and existing building infrastructure offer considerable flexibility for future uses.
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UA Local 459 Plumbers & Pipefitters Advocacy Group
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
1 · Missoula, MTMissoula. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.