Mixed-Use Development Opportunity Near Downtown Missoula
±4.48 ac | Commercial Land
Marketing description
SterlingCRE Advisors is pleased to present a one-of-a-kind opportunity for large-scale development in Old Sawmill District (OSD), an urban neighborhood with a historic heart near Missoula’s Downtown. Development sites of this quality and scale simply do not exist elsewhere in Missoula.
Multiple phases and lots of Old Sawmill District are now available for purchase as a package. Seller will also consider joint venture opportunities with qualified developers.
Numerous lots and phases are platted and ready for construction. Additional phases provide a development runway for the future.
Old Sawmill District has been a resounding success in creating living, working, dining, and recreating opportunities. This offering provides an opportunity to continue this tradition by developing new residential, multi-family, and commercial spaces in the same district.
Old Sawmill District is a two minute walk from Ogren Park at Allegiance Field, Silver Park and paved trails that extend for miles. Downtown Missoula, with its numerous restaurants, galleries, and business life, is also a short walk or bike ride away.
OSD lots are suitable for single-family, townhome, multi-family, hospitality, office and/or retail development.
Investment highlights
High profile location along the Clark Fork River, within an easy walk of downtown Missoula
Existing properties at Old Sawmill District have a track record of achieving top-of-market rents and sale prices
High-quality parks and green spaces immediately adjacent to the District
Potential for single-family, townhome or multifamily residential development in a growing market with limited supply
Close proximity to schools and community facilities for future residents
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