Listed by Coldwell Banker Commercial - Drew Ward Warne Advisory Group, Coldwell Banker Commercial Green & Green
$3,398,500
Trophy Asset in Downtown Missoula - 6.8% Cap Rate
Details
APN 04220022223080000
Property Type Mixed Use
Sub Type Commercial Building
Square Footage 13,000
Net Rentable (SqFt) 13,000
Units 3
Cap Rate 6.80%
NOI $231,000
Occupancy 100%
Lease Type NNN
Rent Bumps Yes
Broker Co-Op Yes
Class A
Year Built 1887
Year Renovated 2019
Buildings 2
Acreage 0.119
Zoning Commercial
Investment Type Institutional
Trophy Asset in Downtown Missoula
Marketing description
A Trophy Asset that's been improved to very high standards
A Great Investment Opportunity - $231,000 in Net Operating Income (NOI) - a 6.8% Cap Rate
A $700,000 assumable mortgage at a 1.36% interest rate
There's 5,200 SF on the main floor leased to Pangea Restaurant
There's 5,200 SF on the lower level leased to Stave & Hoop Restaurant
The 221 building has an office suite of 2600 SF on the 2nd floor
Listing Contacts
Listed by Coldwell Banker Commercial - Drew Ward Warne Advisory Group, Coldwell Banker Commercial Green & Green
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$231,000.00
$19,250.00/mo
Valuation Metrics
0
DSCR
6.8%
Cap Rate
6.8%
ROI
Map
Zoning
D-C CommercialSpecial CommercialDowntown Core
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View all 108 uses
View all 108 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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