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    OFF-MARKET
    Retail space

    1114 Cedar St, Missoula, MT 59802-3911

    960 SF 0.07 ac lot Built 1950
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US52-0046621
    Property summary
    AI-generated overview

    This exceptional 12,023 square foot property, situated on four lots at 1114 Cedar Street in Missoula, Montana, presents a compelling investment opportunity for developers. The property boasts a highly desirable C1-4 (Neighborhood Commercial Zoning District) designation, unlocking a wide array of development possibilities. Envision a mixed-use building, a single residential structure, or various commercial ventures – the zoning allows for significant flexibility. Currently, the site includes an older barber shop, a barn, and a triplex requiring renovation to reach full operational capacity. The total land area encompasses 0.28 acres. The property's prime location offers excellent connectivity, providing easy access to Interstate 90, Highway 93, and Missoula International Airport. Its central location near downtown Missoula is a key advantage, with similar properties becoming increasingly scarce. The absence of a homeowners association (HOA) or restrictive covenants further enhances the development potential. Note that the adjacent 9000+ square foot building at 1120 Cedar Street is also available for purchase. This presents a unique chance to acquire a substantial contiguous parcel for a large-scale development project. The seller is motivated, and offers are encouraged. The existing structures on the property total 2,899 square feet.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1950
    Construction WOOD
    Total area 960 SF
    Lot 0.07 ac (3,006 SF)
    Zoning code 5
    APN 04-2200-21-2-23-07-0000
    UPID US52-0046621
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    M & M Legacy Holdings LLC · 1 yrs held
    M & M Legacy Holdings LLC
    since 2025
    7 recorded transactions
    2025
    2022
    2020
    2020
    2017
    2017
    2013
    Zoning & alternative use
    5 · Missoula, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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