Radio Central 123-137 E Main St 32,000 SF 100% Leased Office Building Missoula, MT 59802 $9,950,000 ($310.94/SF)

The Radio Central Building
Historic Downtown Missoula Investment Opportunity
Positioned in the heart of Missoula’s vibrant downtown core, the iconic Radio Central Building presents a rare chance to acquire a fully stabilized, income-producing asset within one of the city’s most prominent historic landmarks. Meticulously restored and 100% leased above grade, the property offers immediate in-place cash flow with strong prospects for long-term value appreciation.
Spanning three levels, the building includes high-visibility ground-floor retail and two floors of modernized professional office space, all thoughtfully updated while preserving early 20th-century architectural charm. Dedicated on-site parking provides a distinct advantage in Missoula’s constrained downtown market, enhancing both tenant satisfaction and asset desirability.
The current tenant mix is anchored by a national law firm and Missoula County government, both of which bring strong credit profiles and long-term lease commitments. All leases are on a triple net (NNN) basis, offering predictable income with minimal landlord responsibilities. Operations are overseen by a locally based professional property management firm with deep expertise in the Missoula market.
Retail tenants benefit from exceptional foot traffic and visibility, thanks to the building’s position near three major hotels and within one of downtown’s most active commercial corridors. This consistent pedestrian flow bolsters retail performance and adds to the property’s long-term resilience.
Following a comprehensive renovation, the Radio Central Building seamlessly combines historic character with modern building systems and interiors, making it both a visual standout and a high-performing investment.