500 Russell ST new

Missoula,MT 59801

$ 1250000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 30041725

HOA Y/N No

Year Built 1957

Annual Tax Amount $7,494

Tax Year 2024

Lot Size 7,797 Sqft

Acres 0.179

Property Sub-Type Building/Land

Property Description

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.

Location

State MT

County Missoula

Interior

Fireplace No

Building

Foundation Poured

Others

Tax ID 04220021324090000

Special Listing Condition Standard

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