125 Main StMissoula, MT 59802

  • Office buildings
  • 2,728 SF
For Sale
$1,895,000 View listing

Property Details for 125 Main St

Year built
1910
Construction
WOOD
Lot size
0.05 AC
Property size (Sq ft)
2,728 SF
Zone code
6
Property type
Office buildings
APN
04-2200-22-2-19-07-0000
APU
4220022219070000

Description

This exceptional commercial property, located at 125 1/2 W Main Street in the heart of Missoula, Montana, presents a unique investment opportunity. Built in 1910, the building boasts a charming brick exterior, preserving its historical character while incorporating modern updates. The 3,600 square foot space is thoughtfully distributed across three floors, each offering 1,200 square feet of usable area, providing flexibility for diverse business applications. Recent upgrades include a new HVAC system, ensuring year-round climate control and comfort. The upper level features a welcoming fireplace, creating an inviting atmosphere ideal for client interaction or employee relaxation. A convenient basement provides ample storage, maintaining a clean and organized workspace. Situated on a 0.051-acre lot, this property offers unparalleled convenience in a vibrant, walkable downtown setting. Its prime location and versatile layout make it an exceptional choice for businesses seeking to establish a presence or expand their operations in Missoula's thriving commercial district. The property's blend of historical charm and modern amenities makes it a truly remarkable opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $552,911
    6.5%
    $510,380
    7%
    $473,924
  • Comparable approach

    Method
    Valuation
    Relative Method
    $581,637
    Geo Method
    $581,637
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,025,700
    Retail / Commercial
    $521,887
    Mixed-Use / Specialty
    $516,805
    Hospitality / Lodging
    $374,969
    Institutional / Educational
    $536,118
    Residential Income
    $627,258
    Multifamily
    $770,159
    Automotive / Energy
    $459,530
    Parking / Income-Based Land
    $161,761
    Restaurant / Food Service
    $261,919
    Healthcare / Senior Housing
    $533,278

Location Insight

City
Missoula
County
Missoula
State
Montana
Latitude
46.871
Longitude
-113.996
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
$7,632
-
-
$432,100
-
$242,115
$189,985
$432,100

FAQs

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