2101 Bow StMissoula, MT 59801

Property Details for 2101 Bow St

Year built

1958

Construction

WOOD

Lot size

1.11 AC

Property size (Sq ft)

16,760 SF

Zone code

6

Property type

Individual retail properties

APN

04-2200-28-3-18-04-0000

APU

4220028318040000

Description

This exceptional mixed-use property, located at 2101 Bow Street in Missoula, Montana, presents a compelling investment opportunity. The building, known as the Red Willow building, encompasses 16,760 square feet and sits on a substantial 48,586 square foot lot. Its strategic location directly across from Lions Park in the vibrant Midtown area offers unparalleled visibility and accessibility. The property's history includes uses such as medical practice, meditation, natural healing therapies, and a fitness center, demonstrating its adaptability to a wide range of commercial ventures. Currently, the building is partially leased, providing immediate income potential while offering significant upside for future development or tenant acquisition. The asking price for this remarkable property is $3,900,000. The property's address is 2101 Bow Street, Missoula, MT 59801. Its versatile layout and prime location make it an ideal investment for discerning buyers seeking a high-return property in a thriving Montana market. The substantial lot size offers ample space for expansion or outdoor amenities. This is a rare opportunity to acquire a well-situated, adaptable commercial property with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $4,406,004

  6.5%

  $4,067,080

  7%

  $3,776,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,004,967

  Geo Method

  $9,004,967

• Alternative Use

  Use

  Valuation

  Residential

  $3,430,734

  Hospitality

  $3,142,534

  Educational

  $2,614,552

  Medical

  $2,704,470

  Retail

  $4,067,080

Location Insight

City

Missoula

County

Missoula

State

Montana

Latitude

46.8513

Longitude

-114.011

CBSA code

33540

CBSA name

MISSOULA, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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