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Downtown Office with Income & Flexibility 430 N Ryman St 8,376 SF 100% Leased Office Building Missoula, MT 59802 $2,525,000 ($301.46/SF)
Investment Highlights
- One block from the Missoula County Courthouse and City Hall in the heart of Downtown Missoula.
- Near-term lease rollover creates flexibility for partial occupancy while maintaining in-place income.
- Corner Lot Visibility at Spruce & Ryman
- Downtown Core (D-C) Zoning provides use flexibility and long-term redevelopment upside
- 17 On-Site Parking Spaces - a rarity downtown
Executive Summary
SterlingCRE Advisors is pleased to present 430 Ryman Street, a well-located professional office building in the heart of Downtown Missoula. Positioned one block from the Missoula County Courthouse and steps from City Hall, this ±8,376 square foot brick office building offers a rare opportunity for an owner-user or investor to secure a presence in one of Montana’s most desirable urban cores.
The property combines stable in-place tenancy with long-term upside. Currently leased to established legal firms, the building generates immediate income while preserving future flexibility. The scheduled lease rollover of a major tenant at the end of 2026 creates a compelling opportunity for a hybrid buyer — one who desires to occupy a portion of the building while maintaining rental income from the remaining suites (±2,619 RSF).
Downtown office properties with on-site parking are increasingly scarce. 430 Ryman offers 17 dedicated on-site parking spaces, a significant competitive advantage in the downtown core. Combined with brick construction, a new HVAC system, and proximity to government offices, the property is well positioned for professional users seeking operational efficiency, prestige, and long-term control.
As Missoula’s downtown office market continues to stabilize following a period of repricing, assets that offer flexibility, parking, and strong location fundamentals stand apart. 430 Ryman represents an opportunity to acquire a well-maintained asset with both income and occupancy optionality in Montana’s most active commercial district.
The property combines stable in-place tenancy with long-term upside. Currently leased to established legal firms, the building generates immediate income while preserving future flexibility. The scheduled lease rollover of a major tenant at the end of 2026 creates a compelling opportunity for a hybrid buyer — one who desires to occupy a portion of the building while maintaining rental income from the remaining suites (±2,619 RSF).
Downtown office properties with on-site parking are increasingly scarce. 430 Ryman offers 17 dedicated on-site parking spaces, a significant competitive advantage in the downtown core. Combined with brick construction, a new HVAC system, and proximity to government offices, the property is well positioned for professional users seeking operational efficiency, prestige, and long-term control.
As Missoula’s downtown office market continues to stabilize following a period of repricing, assets that offer flexibility, parking, and strong location fundamentals stand apart. 430 Ryman represents an opportunity to acquire a well-maintained asset with both income and occupancy optionality in Montana’s most active commercial district.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,376 SF
Building Class
B
Year Built
1979
Price
$2,525,000
Price Per SF
$301.46
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,936 SF
Building FAR
0.74
Lot Size
0.26 AC
Zoning
D-C - Downtown Core
Parking
17 Spaces (2.03 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (100)
Property Taxes
| Parcel Number | 04-2200-22-2-38-11-0000 | Improvements Assessment | $767,296 |
| Land Assessment | $713,804 | Total Assessment | $1,481,100 |
Property Taxes
Parcel Number
04-2200-22-2-38-11-0000
Land Assessment
$713,804
Improvements Assessment
$767,296
Total Assessment
$1,481,100
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Downtown Office with Income & Flexibility | 430 N Ryman St
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