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Property summary
This exceptional mixed-use investment property, located at 2115 S 3rd Street W in Missoula, Montana, presents a rare opportunity to acquire a high-performing asset in a thriving market. The property, built in 1992, sits on a 0.34-acre lot and is zoned C1-4, offering significant potential for future expansion and development. Currently, the property boasts 67 self-storage units and three additional rental units, generating substantial passive income. The low-maintenance nature of the operation ensures a high return on investment. Situated in the heart of Missoula, this property benefits from its proximity to a wealth of local amenities, including shopping, dining, and entertainment options, ensuring consistent tenant demand. The strong rental history and proven income generation make this a compelling investment for both seasoned and novice investors. The C1-4 zoning allows for the possibility of adding more multi-family units or expanding the existing storage facilities, further enhancing the property's value and income potential. This is a turnkey operation ready for immediate income generation with significant upside potential. The asking price is $1,475,000. Don't miss this chance to own a piece of Missoula's vibrant real estate market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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