1940 Harve Ave Missoula, MT 59801

Property Details for 1940 Harve Ave

Year built

1994

Construction

WOOD

Lot size

0.57 lot acres

Property size

7,844 SF

Property type

Retail space

APN

04-2200-32-1-12-01-0000

APU

4220032112010000

Description

This exceptional mixed-use property, located at 1940 Harve Avenue in Missoula, Montana, presents a compelling investment opportunity. Built in 1994, the building boasts three units and sits on a substantial 24,873 square foot lot. Its prime location adjacent to Southgate Mall's revitalized Mary Street corridor places it within Missoula's fastest-growing commercial area, ensuring high visibility and strong tenant demand. The property is currently generating income from stable existing leases, providing a solid and predictable return on investment. The asking price is $2,300,000, representing an attractive cap rate for investors seeking a stable and appreciating asset in a thriving Montana market. The property's size and location make it ideal for a variety of uses, offering significant potential for future growth and increased profitability. With its established tenant base and strategic location within a dynamic commercial corridor, this mixed-use building represents a rare opportunity to acquire a high-performing asset in a rapidly developing area of Missoula. The 59801 zip code further underscores the desirability and potential for continued growth in this location. This is a turnkey investment ready for immediate income generation.