700 Broadway StMissoula, MT 59802

Property Details for 700 Broadway St

Year built

1972

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

5,680 SF

Zone code

1

Property type

Retail properties

Property subtype

Turn key restaurants

APN

04-2200-22-4-13-06-0000

APU

4220022413060000

Description

This exceptional restaurant opportunity is located at 700 E Broadway St, Missoula, MT 59802. The property boasts a prime location with excellent street-highway exposure and high traffic counts, presenting endless possibilities for a discerning buyer. The building, constructed in 1972, offers 5,680 square feet of space situated on a 10,846 square foot lot (APN: 04220022413060000). Currently configured as a restaurant, the sale includes fixtures, furniture, and equipment (FF&E). The asking price is $1,250,000, translating to $282 per square foot. This represents a significant opportunity to acquire a well-established business in a thriving Montana market. The property's prominent location and substantial size offer considerable flexibility for future uses beyond its current restaurant configuration. High visibility and accessibility make this an ideal investment for both established businesses and new ventures seeking a strong foothold in the Missoula area. The property's substantial lot size also provides ample space for potential expansion or outdoor seating. This is a rare chance to own a piece of Missoula's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,493,204

  6.5%

  $1,378,342

  7%

  $1,279,889

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,051,803

  Geo Method

  $3,051,803

• Alternative Use

  Use

  Valuation

  Residential

  $1,162,683

  Hospitality

  $1,065,012

  Educational

  $886,077

  Medical

  $916,551

  Retail

  $1,378,342

Location Insight

City

Missoula

County

Missoula

State

Montana

Latitude

46.8698

Longitude

-113.985

CBSA code

33540

CBSA name

MISSOULA, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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