1502 Toole AveMissoula, MT 59802

Property Details for 1502 Toole Ave

Year built

1975

Lot size

0.10 AC

Property size (Sq ft)

1,600 SF

Zone code

6

Property type

Retail properties

Property subtype

Retail space

APN

04-2200-16-3-04-04-0000

APU

4220016304040000

Description

This exceptional 1,600 sq ft commercial building in Missoula, Montana (59802), located at 1502 Toole Ave, presents a unique investment opportunity. Priced at $593,000, this mixed-use property is ideally suited for a variety of businesses, including daycare, grocery, or pharmacy uses. The building boasts a highly visible street-front location with ample foot and vehicle traffic, ensuring maximum exposure for your enterprise. The interior features a spacious open floor plan, offering flexibility for customization to meet your specific needs. A dedicated workshop area is included, along with both indoor and outdoor storage solutions. Large storefront windows maximize natural light and attract attention, complemented by a prominent pole sign. Convenient on-site parking is available, ensuring easy access for customers and employees. Modern utilities and facilities are in place to support your business operations. This property represents a rare opportunity to establish or expand your business in a prime Missoula location. The property's zoning allows for a variety of uses, making it a versatile and attractive investment. Don't miss this chance to secure a thriving commercial space in a vibrant Montana market.

• CAP approach

  CAP return

  Valuation

  6%

  $420,621

  6.5%

  $388,265

  7%

  $360,532

• Comparable approach

  Method

  Valuation

  Relative Method

  $859,663

  Geo Method

  $859,663

• Alternative Use

  Use

  Valuation

  Residential

  $327,516

  Hospitality

  $300,003

  Educational

  $249,599

  Medical

  $258,183

  Retail

  $388,265

Location Insight

City

Missoula

County

Missoula

State

Montana

Latitude

46.8782

Longitude

-114.013

CBSA code

33540

CBSA name

MISSOULA, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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