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Retail Opportunity on North Reserve St 3708 N Reserve St 7,012 SF Retail Building Missoula, MT 59808 $2,200,000 ($313.75/SF)

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INVESTMENT HIGHLIGHTS

  • Surface Parking
  • Permissive C2-2 Zoning
  • Surrounded by restaurants, hotels and other businesses
  • Three (3) Drive-Thru Lanes
  • ±0.8miles from Interstate 90
  • North Reserve Traffic Count ±25,881 (2022 AADT)

EXECUTIVE SUMMARY

SterlingCRE Advisors is pleased to present 3708 North Reserve Street in Missoula, Montana. The subject property offers an exceptional opportunity to acquire a well-equipped office/retail building with highly sought after drive-thru capability. Located just off North Reserve Street, this property is resides on ±0.658 acres along Missoula’s busiest corridor directly in the path of growth.
The subject property consists of a two-story, ±7,012 SF former bank location featuring a triple drive-thru and well-maintained interior. The building was constructed in 2007 among a corridor of retail pad sites including neighbors such as Panda Express, IHOP, and the Hilton Garden Inn. Within close proximity lies an Old Chicago Pizza, Jiffy Lube, Firestone Tires, Smitty’s Car Wash, Dairy Queen Grill and Chill along with several hotel chains including Courtyard Marriott, Holiday Inn Express, Staybridge Suites, and Homewood Suites.
The fully finished basement is elevator serviced and boasts a break room with appliances, conference room, bullpen area and ample storage. The main floor features a well-lit inviting lobby/waiting area, four (4) private offices, teller stations, safe and tube system. Restrooms are featured on both levels which creates an opportunity for a multi-tenant situation if desired.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
7,012 SF
Building Class
C
Year Built
2007
Price
$2,200,000
Price Per SF
$313.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.66 AC
Opportunity Zone
Yes
Zoning
C2-4
Parking
19 Spaces (2.71 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

IHOP
Horizon Credit Union
Old Chicago Pizza + Taproom
Surf City Squeeze
TacoTime
Freddy's Frozen Custard & Steakburgers
MacKenzie River Pizza
Cracker Barrel Old Country Store
Planet Fitness
StretchLab

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-2200-08-2-03-25-0000
Land Assessment
$1,015,383
Improvements Assessment
$2,163,930
Total Assessment
$3,179,313
  • Listing ID: 31578807

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: 3708 N Reserve St, Missoula, MT 59808

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