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101 E Broadway Ave 15,489 SF Retail Condo Unit Offered at $3,414,980 CAD in Missoula, MT 59802
Executive Summary
Sterling CRE Advisors is pleased to present the opportunity to acquire a retail condominium in the heart of downtown Missoula, located at the highly visible corner of North Higgins Avenue and West Broadway. The property is demised into three retail suites, providing flexibility for both investors and owner-users. Two of the suites are currently leased to established long-term tenants, while the third space is expected to become available this spring. This configuration creates an attractive opportunity to acquire an income-producing asset with near-term leasing upside, or for an owner-occupier to establish a presence downtown while benefiting from additional tenant income. The property also includes a spacious basement area, offering valuable storage capacity for tenants or the potential to generate additional income through leased storage space. Positioned on one of Missoula’s most prominent retail corners, the property benefits from excellent visibility to both pedestrian and vehicular traffic. The location serves as a prominent end-cap along a diverse and active retail block anchored by the well-established Dana Gallery, a long-standing destination that draws consistent visitor traffic to the area.
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1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 04-2200-22-2-24-04-7001 |
| No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 04-2200-22-2-24-04-7001 |
Description
Sterling CRE Advisors is pleased to present the opportunity to acquire a retail condominium in the heart of downtown Missoula, located at the highly visible corner of North Higgins Avenue and West Broadway.
The property is demised into three retail suites, providing flexibility for both investors and owner-users. Two of the suites are currently leased to established long-term tenants, while the third space is expected to become available this spring. This configuration creates an attractive opportunity to acquire an income-producing asset with near-term leasing upside, or for an owner-occupier to establish a presence downtown while benefiting from additional tenant income.
The property also includes a spacious basement area, offering valuable storage capacity for tenants or the potential to generate additional income through leased storage space.
Positioned on one of Missoula’s most prominent retail corners, the property benefits from excellent visibility to both pedestrian and vehicular traffic. The location serves as a prominent end-cap along a diverse and active retail block anchored by the well-established Dana Gallery, a long-standing destination that draws consistent visitor traffic to the area.
The property is demised into three retail suites, providing flexibility for both investors and owner-users. Two of the suites are currently leased to established long-term tenants, while the third space is expected to become available this spring. This configuration creates an attractive opportunity to acquire an income-producing asset with near-term leasing upside, or for an owner-occupier to establish a presence downtown while benefiting from additional tenant income.
The property also includes a spacious basement area, offering valuable storage capacity for tenants or the potential to generate additional income through leased storage space.
Positioned on one of Missoula’s most prominent retail corners, the property benefits from excellent visibility to both pedestrian and vehicular traffic. The location serves as a prominent end-cap along a diverse and active retail block anchored by the well-established Dana Gallery, a long-standing destination that draws consistent visitor traffic to the area.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 15,489 SF | Retail | $3,414,980 CAD ($220.48 CAD/SF) | - |
Unit 1
| Unit Size |
| 15,489 SF |
| Condo Use |
| Retail |
| Price |
| $3,414,980 CAD ($220.48 CAD/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 15,489 SF |
| Condo Use | Retail |
| Price | $3,414,980 CAD ($220.48 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 04-2200-22-2-24-04-7001 |
| Description | |
| Sterling CRE Advisors is pleased to present the opportunity to acquire a retail condominium in the heart of downtown Missoula, located at the highly visible corner of North Higgins Avenue and West Broadway.<br> <br> The property is demised into three retail suites, providing flexibility for both investors and owner-users. Two of the suites are currently leased to established long-term tenants, while the third space is expected to become available this spring. This configuration creates an attractive opportunity to acquire an income-producing asset with near-term leasing upside, or for an owner-occupier to establish a presence downtown while benefiting from additional tenant income.<br> <br> The property also includes a spacious basement area, offering valuable storage capacity for tenants or the potential to generate additional income through leased storage space.<br> <br> Positioned on one of Missoula’s most prominent retail corners, the property benefits from excellent visibility to both pedestrian and vehicular traffic. The location serves as a prominent end-cap along a diverse and active retail block anchored by the well-established Dana Gallery, a long-standing destination that draws consistent visitor traffic to the area.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 39,393 SF | Typical Floor Size | 10,000 SF |
| Property Type | Office (Condo) | Year Built | 1900 |
| Building Class | C | Lot Size | 0.57 AC |
| Floors | 6 | ||
| Zoning | CBD | ||
| Total Building Size | 39,393 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 10,000 SF |
| Year Built | 1900 |
| Lot Size | 0.57 AC |
| Zoning | CBD |
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Contacts
-
Connor McMahon -
Joe Tredik -
Sierra Pierce -
Sterling Commercial Real Estate Advisors
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Matterport 3D Exterior
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Photos
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101 E Broadway Ave
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