2432 Kemp StMissoula, MT 59801

Property Details for 2432 Kemp St

Year built

1980

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

7,314 SF

Zone code

1

Property type

Office buildings

APN

04-2200-32-2-79-05-0000

APU

4220032279050000

Description

This exceptional Missoula commercial property, located at 2432 Kemp Street, offers a single-tenant, 7,500 square foot office building on a 12,720 square foot lot. The building features over 20 spacious private offices, multiple meeting rooms, six bathrooms, a kitchen and break area, and a large, naturally lit waiting room with a professional reception area. The tasteful design incorporates unique features such as a brick exterior, mature landscaping, well-maintained flooring, and large windows. The property includes 15 parking spaces and is zoned Commercial (APN: 04220032279050000). Its convenient location, just one block from South Avenue and near the mall, provides excellent accessibility and visibility for any business. This is a prime opportunity to acquire a well-maintained, centrally located office building in the thriving Missoula, Montana market (Zip code 59801). The property's size and amenities make it ideal for a variety of businesses seeking a substantial and well-appointed office space. The single-tenant occupancy offers stability and ease of management. This is a rare opportunity to own a significant commercial property in a desirable Missoula location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,308,002

  6.5%

  $1,207,387

  7%

  $1,121,145

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,559,418

  Geo Method

  $1,559,418

• Alternative Use

  Use

  Valuation

  Residential

  $1,497,159

  Hospitality

  $1,371,390

  Educational

  $1,140,980

  Medical

  $1,180,220

  Retail

  $1,774,858

Location Insight

City

Missoula

County

Missoula

State

Montana

Latitude

46.8481

Longitude

-114.03

CBSA code

33540

CBSA name

MISSOULA, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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