2115 3Rd StMissoula, MT 59801

For Sale
$1,475,000 View listing
  • Warehouses
  • 7,760 SF

Property Details for 2115 3Rd St

Year built
1992
Construction
WOOD
Lot size
0.29 AC
Property size (Sq ft)
7,760 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
04-2200-20-3-15-15-0000
APU
4220020315150000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,588,454
    Hospitality
    $1,455,016
    Educational
    $1,210,556
    Medical
    $1,252,189
    Retail
    $1,883,087
2115 3Rd St, Missoula, Montana

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.8667
Longitude
-114.031
CBSA code
33540
CBSA name
MISSOULA, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,184
-
-
$799,304
-
$367,554
$431,750
$799,304

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