3102 W Broadway St - Warehouse FOR SALE


Missoula, MT 59808
$2,130,000 USD
406-360-3102
3102 W Broadway St, Missoula, MT for Sale
$2,130,000 USD
Warehouse - FOR SALE
1/7
null | 7% Cap Rate

3102 W Broadway St
Missoula, MT 59808


HIGHLIGHTS

  • Flexible Ingress/Egress Allows for a Variety of Commercial Uses and Provides for Multi-Tenant Setup
  • Significant Tenant-Paid Investment(s) Including Exceptional Facade Upgrades
  • Suitable For Retail, Office, or Industrial Uses
  • Located Directly in Missoula’s Path of Growth
  • Close Proximity to Reserve Street, Downtown and I-90
  • Private offices, Reception, Conference Room, Restrooms in Both Office and Warehouse, Approx. 2,900 SF mezzanine

OVERVIEW

SterlingCRE Advisors is pleased to present 3102 West Broadway, a rare opportunity to acquire a fully leased single-tenant investment opportunity located directly within Missoula’s path of growth. This well-maintained and versatile property is occupied by Silixa, a company specializing in fiber optic sensing solutions, which was acquired by parent company Luna Innovations in December 2023. Silixa has invested heavily in the property, including a fresh facade and updates to both the warehouse and office areas. This high visibility commercial property sits on a ±0.49 acre parcel and is less than ±2 miles from the North Reserve and I-90 Interchange. The property benefits from the high visibility of ±22,419 (2023 AADT) daily drivers along West Broadway with convenient access to all major thoroughfares in the Missoula Valley. The subject property has historically been a multi-tenant asset, with the current tenant steadily absorbing all available space as leases termed. The building is equipped with ±4,500 SF of office space, ±6,900 SF of warehouse space, and four (4) grade-level loading doors. The favorable zoning and layout of 3102 W. Broadway are attractive for users seeking retail, office, and/or warehouse space.

FOR SALE DETAILS

PRICE

$2,130,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Property in Missoula

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Lighting, Gas, Water - City, Sewer - City, Heating

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49

LAND SF

21,344

ZONING

M1-2

APN/PARCEL ID

04-2200-08-3-02-09-0000

ASK ABOUT THIS PROPERTY

Claire Matten, CCIM/SIORSterling Commercial Real Estate AdvisorsMore Info
406-360-3102

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Claire Matten, CCIM/SIORSterling Commercial Real Estate AdvisorsMore Info
406-360-3102

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.