SterlingCRE is pleased to present this fully leased, mixed-use investment property located on a high-visibility corner in central Missoula. The offering includes a long-term retail tenant in the main building and a newly renovated short-term rental in a detached structure—both delivering stable cash flow. The pro-forma cap rate is 8%.
Positioned on ±0.20 acres with C1-4 zoning, this site benefits from consistent traffic volumes along South Avenue West and South Higgins Avenue. With strong proximity to the University of Montana and core retail corridors, 120 South Avenue West offers long-term upside in one of Montana’s fastest-growing cities.
Fully leased mixed-use asset with dual income from retail and short-term rental
Retail tenant in place: long-term lease with a licensed cannabis dispensary
Detached short-term rental unit recently renovated and operating as an Airbnb
C1-4 zoning allows for a wide range of commercial uses
Prime corner location with approximately 4,947 AADT on South Avenue West
Close proximity to the University of Montana and Midtown Missoula retail
±3,741 SF retail building plus ±594 SF residential rental on ±0.20-acre lot
Includes two-car garage with mezzanine storage
| Price | $0.00 |
| Price / Unit | $0.00 |
| Gross Rent Multiplier | 0.00 |
| Proposed Loan Amount | $0.00 |
| Initial Investment | $0.00 |
Income |
Potential |
Current |
Expense |
Potential |
Current |
Total Expenses |
$ 0.00 |
$ 0.00 |
| Net Operating Income | $0.00 | $0.00 |
| Less Debt Service | $0 | $0 |
| Potential Net Cash Flow | $0.00 | $0.00 |
| Cash on Cash Return | 0.00 % | 0.00 % |
| Capitalization Rate | 0.00 % | 0.00 % |
Unit |
BR/BA |
Current Monthly Rent |
Potential Monthly Rent |
Status |
Lease Expires |
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Totals |
$ 0.00 |
$ 0.00 |
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