1802 & NHN Dearborn Avenue | 1802 Dearborn Ave
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1802 & NHN Dearborn Avenue 1802 Dearborn Ave
7,886 SF 100% Leased Office Building Missoula, MT 59801 $2,500,000 ($317/SF)
Investment Highlights
- Located within the Southgate Triangle adjacent to Southgate Mall and 1/4 mile from Brooks Street
- Exceptional opportunity for an owner/occupier in the medical space and/or investor
- High-quality medical and professional office building with dedicated parking
Executive Summary
SterlingCRE Advisors is pleased to present a rare opportunity for an owner/occupier and/or investor on this ±7,886 SF fully leased, medical, and professional office building on a ±0.399 acre lot.
Your business will benefit from this high-quality building, including dedicated parking, room to grow on the adjacent lot and close proximity to Southgate Mall and other commercial businesses including First Security Bank, US Bank, and Trailhead River Sports. The subject property is 1/4 mile from Brooks Street and right next to a new 40,000SF office building under construction as the first cross-laminated timber (CLT) project in Missoula.
The building has been well maintained. The building and land have permissive commercial zoning (City of Missoula, C1-1) which allows for a wide variety of uses.
The property is currently used for a combination of medical and professional offices.
An adjacent ±0.399 acre parcel is also available for an additional cost; please inquire for further details.
Your business will benefit from this high-quality building, including dedicated parking, room to grow on the adjacent lot and close proximity to Southgate Mall and other commercial businesses including First Security Bank, US Bank, and Trailhead River Sports. The subject property is 1/4 mile from Brooks Street and right next to a new 40,000SF office building under construction as the first cross-laminated timber (CLT) project in Missoula.
The building has been well maintained. The building and land have permissive commercial zoning (City of Missoula, C1-1) which allows for a wide variety of uses.
The property is currently used for a combination of medical and professional offices.
An adjacent ±0.399 acre parcel is also available for an additional cost; please inquire for further details.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Building Size
7,886 SF
Building Class
B
Year Built
2002
Price
$2,500,000
Price Per SF
$317
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,943 SF
Building FAR
0.46
Lot Size
0.39 AC
Zoning
C1-1 - Neighborhood Commercial (City of Missoula)
Parking
21 Spaces (2.66 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $881,370 | |
| Land Assessment | $1,147,860 | Total Assessment | $2,029,230 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,147,860
Improvements Assessment
$881,370
Total Assessment
$2,029,230
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1802 & NHN Dearborn Avenue | 1802 Dearborn Ave
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