500 Russell Street$1,250,000

Missoula, MT

0.18 ACRE

$1,250,000

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Property Details

BIG PICTURE

Commercial

0.18

ACRE

Description

Highly visible commercial space in the heart of Missoula! Located at the busy intersection of Russell Street & 3rd Street, this recently updated property offers outstanding exposure with an estimated 35,000+ (2024) vehicles passing by daily. The building features appox. 1664 sq. ft. between the main level & full basement, providing versatile space for retail, office, or service-oriented businesses. Access is easy via Russell Street & a rear alley, and the property includes a parking lot for added convenience. Zoned C1-4 (Neighborhood Commercial), this property is located within URD II, potentially qualifying for Tax Increment Financing (TIF) through the Missoula Redevelopment Agency. It also falls within the Design Excellence – Corridor Typology 2 Overlay & the Southside Riverfront Neighborhood Character Overlay, enhancing its development potential. Whether you’re starting a new venture or expanding your business, this prime location offers exceptional visibility & growth potential.

PRICE

$1,250,000

FEATURES

    • MLS #: 30041725
    • Lot: 7,797.24 sqft
    • Commercial
    • Built in 1957
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Listed By: Jen Clement, Berkshire Hathaway HomeServices - Missoula