Property profile

501 California St Missoula, MT 59802

OFF-MARKET
Retail space
Property ID
US52-0094236
8,640 SF 1.08 ac lot Built 1954
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property offers a unique leasing opportunity in a prime Missoula location. Situated on a substantial 47,001 square foot lot, this single-tenant office space boasts 3,624 square feet of versatile space within a historically significant building. The lower-level unit features an open floor plan ideal for various business configurations, complemented by a convenient single bay door and additional storage rooms. Its enviable location is just steps from the Clark Fork River and directly off Broadway, ensuring high visibility and accessibility. The lease terms are negotiable, including options for renewal, offering flexibility to suit your business needs. The monthly rent of $2,500 is all-inclusive, covering taxes, building insurance, and utilities, providing predictable and manageable operating costs. The property also benefits from a secure, locked gated entrance, enhancing safety and peace of mind. The zoning is commercial, allowing for a wide range of business uses. The property's APN is 04220021214050000. This is an exceptional opportunity to establish your business in a highly desirable and convenient location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Construction WOOD
Total area 8,640 SF
Lot 1.08 ac (47,001 SF)
Zoning code 5
APN 04-2200-21-2-14-05-0000
UPID US52-0094236

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Restaurant
  • Bar & Pub

Location

501 California St Missoula, MT 59802-3912
Missoula metro Census 203 MISSOULA, MT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$545k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2016
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

5 · Missoula, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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