The Montana Building

Retail-Commercial for Sale
Catylist Listing ID: 30050299
Property Subtypes: Mixed Use
Building Size (RSF): 8,489 SF
Gross Building Area: See Agent
Sale Price: $1,900,000
Unit Price: $223.82 PSF
Ceiling: 15 ft.
Property Use Type: Investment, Business
Building Name: The Montana Building
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/25/2017

Overview / Comments

Listing includes the entire first floor retail space and basement of the historic Montana Building. Retail space is divided into 4 separate spaces and the original bank vault totaling 8489 sq.ft. The basement has 7167 sq. ft. and tons of untapped potential. The basement space could be included in the retail space by cutting in a large stair well for access and light. The building has 6 units total with professional offices in the upper floors. The current owner occupies most of the retail space (Dana Gallery) and would consider a long term lease at market rate. The gallery has been in business for over 20 years and is one of the best in the northwest.

Additional Details

Nearest MSA: Missoula
County: Missoula
Property Visibility: Excellent
Largest Nearby Street: Higgins
Total Number of Buildings: 1
Year Built: 1900
Parking Description: Street Parking
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable
Zoning Description: CBD
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,919 54,141 80,947
Median Age: 28.92 32.38 34.05
Households: 7,499 24,226 34,842
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