1900 Reserve StMissoula, MT 59801

Property Details for 1900 Reserve St

Year built

1959

Construction

WOOD

Lot size

0.46 AC

Property size (Sq ft)

1,786 SF

Zone code

3

Property type

Office properties

Property subtype

Office buildings

APN

04-2200-29-3-07-01-0000

APU

4220029307010000

Description

This ±2,804 square foot office building is situated on a 0.46-acre lot at 1900 S Reserve St, Missoula, MT 59801. Built in 1959 and renovated in 1992, the property boasts high visibility on a busy commercial corridor, benefiting from approximately 35,243 daily drivers. The C1-2 zoning allows for flexible use, including creative office, medical office, traditional office, and retail. The property's location within a thriving commercial area surrounded by established businesses makes it an excellent investment opportunity. This single-building property presents a rare chance to acquire a well-positioned asset in a key Missoula commercial hub. The asking price is $850,000. The APN is 04-2200-29-3-07-01-0000. This prime location offers significant potential for commercial investment or redevelopment. The property's size and zoning provide versatility for a range of business types. High visibility ensures strong brand recognition and potential for increased customer traffic.

• CAP approach

  CAP return

  Valuation

  6%

  $319,400

  6.5%

  $294,831

  7%

  $273,771

• Comparable approach

  Method

  Valuation

  Relative Method

  $380,793

  Geo Method

  $380,793

• Alternative Use

  Use

  Valuation

  Residential

  $365,590

  Hospitality

  $334,879

  Educational

  $278,615

  Medical

  $288,197

  Retail

  $433,401

Location Insight

City

Missoula

County

Missoula

State

Montana

Latitude

46.8531

Longitude

-114.039

CBSA code

33540

CBSA name

MISSOULA, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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