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Downtown Missoula Riverfront Development Opportunity

510 West Front Street, Missoula, MT, 59802
For Sale

Property Highlights

    • Situated along the river at the western entrance to Missoula's vibrant downtown
    • Connected by a walking/biking trail to University of Montana and beyond into the national forest
    • Zoned CBD-4, central business district high density office, residential & retail up to 125’
    • City of Missoula has committed to helping offset parking & infrastructure costs
    • Event center and hotel planned for adjacent city owned waterfront parcel, currently surface parking
    • Extensive parking & site planning completed
    • Development agreement with city approved
    • High quality medical facility (Providence Health Services/St. Patrick's Hospital) directly across the street from the site

Property Details

  • Price: $2,100,000 - $7,800,000
  • Property Type: Land
  • Availability: Available
  • Transaction Type: For Sale
  • Zoning Description: CBD-4
  • Available SF: 222,262 SF

Property Description

Ranking alongside Boise, Boulder and Austin as a best place to live, Missoula is active, community-minded and nationally recognized as a mecca for startup activity. Smithsonian Magazine heralds the city as home to “four distinct, almost perfect seasons.”

Missoula’s Riverfront Triangle property is a rare opportunity in one of the west’s quickly growing cities. Zoned for mixed-use development, the five acre site can be used for high density office, retail, hospitality and residential.

Situated at the entrance to Missoula’s well-curated downtown and on the banks of the Clark Fork River, the Riverfront Triangle features extraordinary mountain views. The property is just a half-mile from Interstate 90 and across the street from the region’s premier medical hub.

Missoula’s economy is anchored by a flagship university and broad medical services. A concentration of entrepreneurial activity and an unmatched quality of life beckons a talented, diverse workforce.

A ten minute drive to Missoula International Airport, the site is adjacent to the busiest section of the city’s exceptionally well-maintained trail system. Rated as 87/100 for walkability, visitors can be shopping, dining, or touring the University of Montana campus within minutes from the Riverfront Triangle property.

River’s Edge: $7,800,000, ± 2.56 Acres

North View: $2,100,000, ± 0.719 Acres

West View: $5,300,000, ± 1.82 Acres

Location Description

Western edge of downtown Missoula, along the Clark Fork River

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
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Expense
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Current
Total Expenses
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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 %

River's Edge

Space Details

  • Space Available 111,636 SF
  • Sale Price $7,800,000
  • Space Type Land
  • Available Available Now

Space Description

Zoning: CBD4

Westgate

Space Details

  • Space Available 79,703 SF
  • Sale Price $5,300,000
  • Space Type Other
  • Available Available Now

Space Description

Zoning: CBD4

North View

Space Details

  • Space Available 31,323 SF
  • Sale Price $2,100,000
  • Space Type Other
  • Available Available Now

Space Description

Zoning: CBD4

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

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