2601 Garfield StMissoula, MT 59801
- Retail properties
- 9,504 SF
Property Details for 2601 Garfield St
- Year built
- 1979
- Construction
- WOOD
- Lot size
- 1.46 AC
- Property size (Sq ft)
- 9,504 SF
- Zone code
- 5
- Property type
- Retail properties
- Property subtype
- Banks
- APN
- 04-2200-32-1-21-17-0000
- APU
- 4220032121170000
Description
This exceptional ±19,008 square foot building in Missoula, Montana, presents a unique owner-user opportunity. Located at 2601 Garfield Street, this property boasts three drive-thru bays, a significant advantage for businesses requiring this feature. Situated on a 1.46-acre lot, the building offers ample private parking, a key asset in a high-traffic area. Built in 1979 and renovated in 2009, the structure is zoned Neighborhood Commercial (C1-1), allowing for diverse uses. The property includes an elevator and ADA-accessible amenities. Its prime location within the Southgate Triangle, adjacent to Southgate Mall and the high-traffic Southgate Mall Access Road, ensures excellent visibility and accessibility. The building's proximity to the Brook Street Commercial Corridor (with approximately 23,376 daily drivers) and numerous surrounding businesses, including Dillard's, Texas Roadhouse, and Hobby Lobby, further enhances its appeal. The asking price is $4,940,000, translating to $259.89 per square foot. Financial institutions are not permitted. This property is ideal for medical, professional, or retail uses. The property's APN is 04-2200-32-1-21-17-0000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,498,488
- 6.5%
- $2,306,296
- 7%
- $2,141,561
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,106,396
- Geo Method
- $5,106,396
-
Alternative Use
- Use
- Valuation
- Residential
- $1,945,447
- Hospitality
- $1,782,019
- Educational
- $1,482,619
- Medical
- $1,533,609
- Retail
- $2,306,296
Location Insight
- City
- Missoula
- County
- Missoula
- State
- Montana
- Latitude
- 46.8466
- Longitude
- -114.025
- CBSA code
- 33540
- CBSA name
- MISSOULA, MT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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