1005 Gerald Avenue$3,500,000

Missoula, MT

17 BEDS, 7 BATHS, 0.77 ACRE

$3,500,000

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Property Details

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17

BEDS

7

BATHS

0.77

ACRE

Description

1005 Gerald Avenue, a National Register–listed historic property offering a unique adaptive reuse opportunity in Missoula’s University District. The building contains approx 13,977 SF above grade plus approx 4,898 SF of basement space, allowing flexibility for a variety of redevelopment concepts. The property is eligible for Federal 20% and Montana 5% Historic Tax Credits, which may offset up to 25% of qualified rehabilitation costs. Adopted U-R4 zoning allows a broad range of residential, medical, institutional, and professional office uses by right. Well suited for an owner-user or mission-driven investor seeking a distinctive, neighborhood-compatible asset.

PRICE

$3,500,000

FEATURES

    • MLS #: 30064847
    • Lot: 33,628.00 sqft
    • Single-Family
    • Built in 1915
    • Full Bathrooms: 5
    • Half Bathrooms: 1
    • 3/4 Bathrooms: 1
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Listed By: Jared Andrew English, Congress Realty

Co-Listed By: MRMLS Non-Member, Montana Regional MLS