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$ 1,250,000
Est. payment /mo
New
500 Russell ST Missoula, MT 59801
7,797 Sqft Lot
UPDATED:
03/05/2025 05:39 AM
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
Listed by Berkshire Hathaway HomeServices - Missoula