2425 Central Ave 200Missoula, MT 59801

  • Commercial real estate
  • 769 SF
For Sale
$1,300,000 View listing

Property Details for 2425 Central Ave 200

Year built
2004
Lot size
1.23 AC
Property size (Sq ft)
769 SF
Property type
Commercial real estate
APN
04-2200-29-3-08-01-7000
APU
4220029308017000

Description

This exceptional mixed-use commercial building, constructed in 2004, presents a compelling investment opportunity in Missoula, Montana. Located at 2425 W Central Avenue, Suite 200, this property boasts a substantial 4026 square feet of professionally finished office space, ideally suited for a variety of businesses. The suite features eight private offices, four cubicles, a conference room, a break room, a reception area, a copy center, and two lavatories. Modern design elements include large office windows and elevator access to this second-floor suite. Adding to its versatility, the property includes an additional 1000 square feet of basement storage space, perfect for archiving or inventory. The building is a modern concrete tilt-up structure. Shared off-street parking is available for tenants. The property sits on a 1.23-acre lot and is conveniently located off South Reserve Street, offering excellent accessibility and visibility. Currently generating a 6% capitalization rate with a long-term lease in place, this property represents a strong, stable investment with significant potential for future growth. The asking price is $1,300,000. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a thriving Montana market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $157,413
    Hospitality
    $144,189
    Educational
    $119,964
    Medical
    $124,089
    Retail
    $186,610

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.8505
Longitude
-114.037
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
-
-
-
$1,215,713
-
$960,143
$255,570
$1,215,713

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