3819 Stephens Ave Missoula, MT 59801

This exceptional Missoula retail property, located at 3819 Stephens Avenue, offers a compelling investment opportunity with a strong 5.88% cap rate and a substantial net operating income (NOI) of $188,000. The 14,701 square foot building sits on a one-acre lot and features five units, all benefiting from strong, long-term commercial leases providing excellent stability. Recently updated, the property boasts modern amenities including an elevator for convenient access to multiple levels. The building's design incorporates well-appointed suites suitable for a variety of businesses, complemented by well-maintained common areas. Two former racquetball courts have been converted into workout centers, adding value and versatility. The upper level offers multiple smaller suites with potential for live-in owner quarters or additional rental income. Situated near the South Hills of Missoula, this property offers a desirable location with scenic views and ample parking. The combination of prime location, upgraded infrastructure, and versatile space makes this a standout asset in the Missoula market. The asking price is $3,199,000.