Commercial Real Estate for Sale at 500 Russell Street in Missoula, MT for $1,250,000

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500 Russell Street | Missoula

$1,250,000

Highly visible commercial space in the heart of Missoula! Located at the busy intersection of Russell Street & 3rd Street, this recently updated property offers outstanding exposure with an estimated 35,000+ (2024) vehicles passing by daily. The building features appox. 1664 sq. ft. between the main level & full basement, providing versatile space for retail, office, or service-oriented businesses. Access is easy via Russell Street & a rear alley, and the property includes a parking lot for added convenience. Zoned C1-4 (Neighborhood Commercial), this property is located within URD II, potentially qualifying for Tax Increment Financing (TIF) through the Missoula Redevelopment Agency. It also falls within the Design Excellence – Corridor Typology 2 Overlay & the Southside Riverfront Neighborhood Character Overlay, enhancing its development potential. Whether you’re starting a new venture or expanding your business, this prime location offers exceptional visibility & growth potential. MTR 30041725

Directions to property: Access to parking off Russell St or use alley.

MLS Listing ID: 
MTR 30041725
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,250,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Missoula
Address: 
500 Russell Street, Missoula, MT 59801, US
County: 
Missoula
Latitude: 
46.8668132
Longitude: 
-114.0182198
Building Details
Details about the building on a property.
Year Built: 
1957
Construction
Foundation Details: 
Poured
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.18
Lot Size (Area): 
0.18
Waterfront: 
0
Public Record
Parcel Number: 
04220021324090000
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Jen Clement
Listing Office Name: 
Berkshire Hathaway HomeServices - Missoula