2105 Bow StMissoula, MT 59801

  • Retail properties
  • 14,264 SF
For Sale
$2,400,000 View listing

Property Details for 2105 Bow St

Year built
1983
Construction
WOOD
Lot size
0.66 AC
Property size (Sq ft)
14,264 SF
Zone code
6
Property type
Retail properties
Property subtype
Other individual retail properties
APN
04-2200-28-3-18-03-0000
APU
4220028318030000

Description

This exceptional 0.67-acre property at 2105 Bow Street in Missoula, Montana, presents a remarkable development opportunity. The existing 14,264 square foot building, formerly a health center, sits on a substantial 28,951 square foot lot. Its central Midtown location offers unparalleled access to amenities and key areas of the city. Adjacent to Southside Lions Park, this site is minutes from Downtown Missoula and the University of Montana, ensuring high visibility and convenient access for a wide range of potential uses. The property's rich history as a community hub positions it for continued success as a vibrant center of activity. The existing C1-4 zoning designation offers flexibility for various development plans, including commercial, mixed-use, or residential projects. This is a rare chance to acquire a significant property in a thriving Montana city, ripe for revitalization and redevelopment. The substantial size of both the building and the lot provides ample space for a variety of creative and innovative projects. This location offers exceptional potential for investors seeking a high-impact development opportunity in a rapidly growing area. The asking price for this unique property is $2,400,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,749,835
    6.5%
    $3,461,386
    7%
    $3,214,144
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,663,893
    Geo Method
    $7,663,893
  • Alternative Use

    Use
    Valuation
    Residential
    $2,919,809
    Hospitality
    $2,674,529
    Educational
    $2,225,177
    Medical
    $2,301,704
    Retail
    $3,461,386
2105 Bow St, Missoula, Montana

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.8509
Longitude
-114.01
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
2023
$43,346
-
-
$2,591,300
-
$798,597
$1,792,703
$2,591,300

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