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$400,000
30077163 MLS
With a versatile layout, excellent visibility, and plenty of on-site parking, this property offers a wide range of possibilities for its next owner. Built in 1956 and nicely refreshed in 2016, the building provides approximately 1,860 sq. ft. of interior space with 9-foot ceilings and sits on a .296-acre lot with a large parking area. The property is currently zoned R-1, and buyers should verify their intended use and any zoning requirements with the City of Great Falls. A zoning change may be possible, and some parking and landscaping improvements associated with previous uses of the property are already in place. With an average daily traffic count of approximately 16,705, this high-profile location offers outstanding exposure and could be a great fit for a variety of future uses. Bring your ideas and take a look at the possibilities this property has to offer—schedule your showing today!

821 10th Avenue SW, Great Falls

Listing courtesy of Listing Agent: Kevin Taggart | kevin@dahlquistrealtors.com from Listing Office: Dahlquist Realtors.
$140,000
30077169 MLS
Fully Furnished Remodeled Apartment with Additional Heated Storage This recently remodeled 840-square-foot space including storage space and apartment offers a comfortable, move-in-ready space with high ceilings that create an open and inviting feel. The apartment is being sold fully furnished, including a Murphy bed, living room furniture, kitchen table and chairs, dishes, and other furnishings. The unit features a ¾ bathroom, on-demand hot water, and a booster system under the kitchen sink for added convenience. An additional storage area provides valuable extra space and is heated with a natural gas furnace. Conveniently located on the corner of 1st Ave NW and 2nd St NW in Choteau. The property is currently being resurveyed. A great opportunity for a furnished residence, rental, or investment property.

34 2nd Street NW, Choteau

Listing courtesy of Listing Agent: Kami Scott | kami@cmpmontana.com from Listing Office: Clearwater Montana Properties - Choteau.
$60,000
30077156 MLS
Missoula Cabrera Beer & Wine License with catering available. Large percentage of business in food required.

Missoula

Listing courtesy of Listing Agent: Bryan Flaherty | appraiser@montana.com from Listing Office: Flaherty Inc Real Estate.
$294,000
30077117 MLS
Prime commercial building available for sale in the heart of downtown Deer Lodge. The main portion of the building is currently an approved dispensary. This location is one of only two dispensaries permitted within Deer Lodge, offering a valuable opportunity for any business looking to establish or expand operations in the area. The second section of the building is occupied under a longterm lease by a well established local massage therapy business, providing stable, ongoing rental income. This property offers excellent visibility, strong tenant history, and a strategic location ideal for investors or business owners seeking a foothold in downtown Deer Lodge. It is the responsibility of the buyers and their agents to verify all info regarding this property. Info is provided by outside sources and deemed reliable but it is not guaranteed by listing agent or listing office.

314 & 316 Main Street, Deer Lodge

Listing courtesy of Listing Agent: Carrie Joe Lease | clease1974@icloud.com from Listing Office: EXIT Realty Missoula.
$500,000
361388 MLS
Prime Main Street Location--Nearly 2,500sf of retail space in Red Lodge’s busy downtown business district—ideally positioned for an up-and-coming business. Red Lodge draws year-round visitors as a gateway to Yellowstone National Park in the summer and Red Lodge Mountain ski area in the winter. The upper level includes an unfinished 1,250 sq. ft. apartment with 2 bedrooms and 1 bathroom, offering added flexibility for future use. The property is currently home to a rock shop; inventory and equipment may also be available for purchase, with value to be determined.

115 Broadway Avenue N, Red Lodge

Listing courtesy of Tera Reynolds from Coal Creek Realty & Prop. Mgmt
$559,000
30077050 MLS
Positioned on one of Helena's highest-traffic commercial corridors, this Euclid Ave property offers exceptional visibility with over 16,000 vehicles passing daily per Montana DOT traffic data. Offered at $559,000, the 1,380 SF building was previously operated as a restaurant and retains its commercial kitchen infrastructure giving a buyer a head start on a food-service concept without ground-up build-out costs. Zoned B-2 (General Commercial), the 11,500 SF lot supports a broad range of commercial and service uses beyond restaurant reuse, including retail, office, and other service-based businesses. The property sits on its own dedicated lot with 22 parking spaces, a rarity along this stretch of Euclid, plus rear alley access for deliveries, trash service, and staff parking. Bring your concept to one of Helena's most visible addresses.

632 Euclid Avenue, Helena

Listing courtesy of Listing Agent: Joseph M Mueller | brokerjoe406@gmail.com from Listing Office: RE/MAX Of Helena.
$400,000
1 Baths ⋅ 414239 MLS
Position your business for maximum visibility and effortless growth on Butte’s primary commercial corridor. Located at 2071 Harrison Avenue, this highly adaptable property offers the ultimate blank canvas to build out your exact operational vision. The structure features an engineered load-bearing truss system, giving you the complete freedom to remove, add, or reconfigure interior walls with minimal limitations. Currently set up as an open retail environment, the space effortlessly converts into a professional office setting, service bays, or specialty commercial rooms with little investment. The main level includes a fully functional bathroom already while the downstairs is equipped with an oversized utility sink, providing valuable existing plumbing infrastructure for a variety of specialized uses. Outside, customer convenience takes center stage with a dedicated paved parking lot directly in front of the building. Situated on a section of Harrison Avenue with no concrete median, clients can enjoy direct turn-in access from both directions of traffic. Combined with prominent street-side signage positioned to capture Butte's steady daily drive-by volume, this location delivers the infrastructure, accessibility, and high-profile exposure your business needs to thrive. Schedule a tour today to explore the possibilities.

2071 Harrison, Butte

Courtesy of Jacob Masters with Platinum Real Estate.
$514,000
30077085 MLS ⋅ Ritz Salon BLDG.
Offering one of the best locations in downtown Hamilton, Montana, this charming and beautifully appointed single-level property presents an exceptional opportunity with incredible versatility. Currently used as an adorable salon, the property offers the exciting potential to be converted back into a residence, with the possibility of up to three bedrooms and the ease and convenience of one-level living. Whether you envision a stylish downtown home, professional or commercial space, or an entirely new concept, this property offers a rare combination of location, character, and flexibility. Situated in the heart of Hamilton, the property places you close to everything that makes this community so special. Enjoy being near the Bitterroot River, local farmers markets, downtown shopping, restaurants, coffee shops, boutiques, and community events, all while surrounded by the spectacular beauty and small-town charm of the Bitterroot Valley. The interior is warm, inviting, and thoughtfully designed, with a functional layout and stylish finishes that have created a welcoming salon environment. The single-level floor plan also lends itself beautifully to being reimagined as a comfortable downtown residence, potentially offering three bedrooms without the need for stairs. Charming, versatile, and ideally located, this is much more than a salon—it's an opportunity to create something truly special in the heart of downtown Hamilton. Continue its current use, transform it back into an adorable one-level home, or bring your own vision to life. With the Bitterroot River, farmers markets, shopping, dining, and downtown amenities nearby, this unique property offers an exceptional opportunity to enjoy the very best of the Hamilton lifestyle.

424 S 2nd Street, Hamilton

Listing courtesy of Listing Agent: Brooke DeVries | Sold@BrookeDeVries.com from Listing Office: DeVries Real Estate.
$850,000
30077082 MLS
Current lease expires 09.30.2026 Building is under lease agreement... Expires 09/30/2026

4301 N Star Boulevard, Great Falls

Listing courtesy of Listing Agent: Gary C. Williamson | gcwmt1@gmail.com from Listing Office: Gary C Williamson, Broker.
$1,300,000
361370 MLS
Investment Opportunity in Sidney, MT! Prime RV park across from the grocery store and restaurants. Includes 15 RV lots, 9 storage sheds, and 1 park-owned 3 bed/2 bath stick-built home rented. Two park-owned 16x80 mobile homes (1985 Galatin rented and 2002 Liberty also rented). One tenant-owned mobile home on-site. City sewer and private well. Bonus: A phenomenal office/man cave with lounge area, small sleeping quarters, huge 3-car attached garage with loft, and two bar areas—ideal for living, business use, or both! Consistent year-round income from homes plus strong seasonal/long-term RV potential.

501 N Central Avenue, Sidney

Listing courtesy of Amariah Hier from eXp Realty, LLC - Billings
$520,000
30077006 MLS
Discover a rare chance to own two duplexes in Shelby, MT, offering four total rental units—each featuring 2 bedrooms, a functional kitchen with deck access, laundry area, and parking directly in front. The property includes two 2-car garages and a 0.89-acre empty lot positioned between the buildings, providing excellent potential for future development, expansion, or additional income opportunities. With steady rental appeal and strong demand in the Shelby market, this package delivers immediate cash-flow potential and long-term upside. Schedule your showing today!

950, 946, 932 Oilfield Avenue, Shelby

Listing courtesy of Listing Agent: Alisa Johnson | amjohnson293@gmail.com from Listing Office: Home Sweet Home Realty Group LLC.
$500
361389 MLS
Anyone looking for an affordabe office on Billings Westend!! There a offices available in this building ranging from $250 per month to $750 per month. All utilities are included. offices are 300 sq ft plus...There is parking at front and to side of building. Located on 24th St W and Rosebud approx., across from Sketchers. Office building offers a nice reception area/waiting room, kitchen and bathrooms. There is no conference room, just your office. 24 hr access to building via key pad code. Please go take a look at the building before making an appointment to view it.

745 Henesta Drive, Billings

Listing courtesy of Jeanette Busony from eXp Realty, LLC - Billings
$249,000
30077045 MLS
TURNKEY RESTAURANT OPPORTUNITY | DOWNTOWN COLUMBIA FALLS, MT. An exceptional opportunity to step into a fully built-out restaurant space in the heart of downtown Columbia Falls. More than simply purchasing used equipment, this offering provides the infrastructure and setup needed to potentially bring a new restaurant concept to life without starting from the ground up. The space features a commercial kitchen, hood and fire-suppression system, restaurant equipment, fixtures, established kitchen infrastructure, and a transferable lease, offering significant value to an incoming operator. Skip much of the time, expense, and complexity associated with designing, permitting, and constructing a restaurant from scratch. With the major components already in place, a new owner can focus on rebranding, creating their menu, and launching their vision. Located in growing downtown Columbia Falls, this is a unique opportunity for an entrepreneur, restaurateur, or expanding operator looking for a head start in one of Northwest Montana’s most active communities.

510 Nucleus Avenue Unit 150, Columbia Falls

Listing courtesy of Listing Agent: Brittany Buckallew | brittanybuckallew@gmail.com from Listing Office: America's 1st Choice Realty, LLC.
$149,000
30076864 MLS
Rare opportunity to own a thriving, licensed daycare in Great Falls. River's Edge Early Learning Academy is a turn-key business with a strong reputation, established systems, and a welcoming, well-designed space. Updated in 2022, the facility includes high-quality furnishings, equipment, and a state-of-the-art security system. With consistent demand for childcare in the area and room for continued growth, this is an ideal opportunity for someone looking to step into a successful and meaningful business. Located in River Drive Plaza with great accessibility and visibility.

1518 River Drive N, Great Falls

Listing courtesy of Listing Agent: Ava McKamey | avavmckamey@gmail.com from Listing Office: Dahlquist Realtors.
$515,000
30077002 MLS
Investor opportunity on Harrison Ave with reported traffic counts of approximately 19,000–21,000 vehicles per day. This mixed-use property offers two separate units, including a 660 SF commercial retail space and a 647 SF 1-bedroom, 1-bath residential unit. The commercial space is currently occupied by a commercial tenant under a NNN lease at $3,000/month, providing existing rental income for the next owner. The retail unit offers commercial frontage with walk-in storefront space, a bathroom, attached garage space, and additional basement area suitable for storage or office use. The residential unit is currently vacant, offering an additional income opportunity for an investor or potential owner-user. It features a vaulted-ceiling living room with a freestanding fireplace on the main level, along with the kitchen and full bathroom. The bedroom is located upstairs. A versatile property combining established commercial income with additional residential income potential in a high-traffic Butte location. Real-estate only, business is not for sale.

3348 Harrison Avenue, Butte

Listing courtesy of Listing Agent: David Jacob Wells | davew@purewestmt.com from Listing Office: PureWest Real Estate - Missoula.
$599,900
414209 MLS
This offering (Unit G) spans approximately 1,678 square feet and includes 5 office spaces of varying sizes, plus a spacious studio designed to accommodate a wide variety of wellness classes & educational experiences; the space can be reconfigured as needed. This suite also features a storage closet, a sink with granite countertops, cabinetry, and oversized double doors leading to a covered deck with stunning northeastern views of the Bridger Mountains, A/C, blinds. This unit could also be sold partially furnished. There is also an opportunity to expand the footprint with an additional purchase of adjacent Unit F or the combination of E & F, which offers approx. 3,054 + additional square feet and 13 more office suites, bringing the total combined space to approximately 4,732 square feet. Unit F serves as the primary reception and waiting area and features a bright, open layout with a front desk, attached kitchenette, six treatment rooms, and additional storage space. Double doors open to a covered deck with beautiful south-facing mountain views. Located across the hallway, Unit E includes 7 additional offices. Each unit may be purchased separately. The HOA is in excellent condition and has recently completed significant exterior improvements & interior improvements are in progress. Additional property amenities include elevator access to the second floor, shared common-area restrooms, individual air-conditioning units within each suite, extensive on-site parking with more than 20 designated spaces, and abundant off-street parking for clients and guests. This is a compelling opportunity for an owner-user, investor, or wellness entrepreneur seeking to expand or establish a wellness-focused business with existing infrastructure in place. While preserving the current wellness-centered environment would be amazing, the property also offers flexibility for a wide variety of other professional commercial uses.

4055 Valley Commons Drive Unit G, Bozeman

Courtesy of Arison Antonucci-Burns with Aspire Realty.
$150,000
30076889 MLS
Rare opportunity to acquire a beer and wine license and catering endorsement associated with the Whitefish market. This is an excellent opportunity for an existing business or qualified operator looking to establish or expand beer and wine service in Whitefish. The license offers potential flexibility for a variety of eligible business uses, subject to State of Montana requirements. License only for 61-100 seating —no real estate is included. Buyer to verify eligibility, location requirements, and all applicable licensing requirements with the Montana Department of Revenue.

No Address, Whitefish

Listing courtesy of Listing Agent: Michael Anderson | mike@nprmt.com from Listing Office: National Parks Realty - Whitefish.
$239,000
1 Baths ⋅ 414197 MLS
Prime Harrison Avenue Commercial Opportunity! Bring your vision to this versatile commercial space in the heart of Harrison Avenue! With a prime location and extra parking in the back, this property offers excellent potential for a variety of businesses. The open, adaptable space is ideal for a spa, boutique, retail shop, office, studio, or specialty business. Whether you’re launching a new venture or expanding an established business, this is an opportunity to create a space that truly reflects your brand. Great location. Flexible possibilities. Plenty of potential. Use your imagination and make it your own!

3350 Harrison Avenue, Butte

Courtesy of Noelle McGree with McLeod Real Estate Group, LLC.
$850,000
30076694 MLS
Located along Hwy 2, just 13 miles from Glacier National Park, this parcel has 51 self-storage units. The largest of the storage buildings has been converted into an antique flea market. The inside walls of some of the storage units have been removed to allow for vendors to lease the space for the wares. All interior walls could be removed for a large warehouse, or all spaces could be converted back into storage units for self storage income. With Scenic Corridor zoning and no covenants, there are many possibilities, depending on the new owner's interests and income desires. Antique store inventory can be negotiated for inclusion or removal. Additional land is available which could be used to add more storage units or to offer out-door storage for Rv's.

TBD US Hwy 2 E, Columbia Falls

Listing courtesy of Listing Agent: Rebecca Ann Gilliard | rebecca@purewestmt.com from Listing Office: PureWest Real Estate - Bigfork.
$4,500,000
361353 MLS
Large Industrial Warehouse situated in the heart of the Butte, Montana Warehouse District. Built originally for a Beer & Wine Distribution business in 1990. Cement block construction, a metal roof & a steel truss system. Offices have hot water heat, warehouse heat & air conditioning. The Warehouse is approx. 22,940', the office area approx. 5,000 sq ft. The Warehouse features 2 semi docks, 3 industrial overhead doors, 1 bay door with drive-in ramp to the warehouse area. Warehouse features approx. 20 ft ceilings with a cooler, a 2-story office area with a large reception office, a walk-in safe, 5 office areas on the main floor, executive offices on the 2nd floor, a large conference room, 2 restrooms on the main floor, 1 on the upper level 2 have showers. There are 4 additional door exits in the building, parking for 27 vehicles+ additional in the yard area, 3 phase electric. Broker Owned

1011 E Second, Other

Listing courtesy of Jennifer Shea from Century 21 Shea Realty
$850,000
414179 MLS
Live/Work ooportunity. 3600 sf heated shop with 12 foot overhead door. Room to convert to 14 foot overhead if needed. Shop sits on a one acre lot with lots of space for equipment or to further develop.

265 High K, Belgrade

Courtesy of Michael Thiel with LHMT.
$590,000
30076521 MLS
This property would be ideal for your business seeking high exposure and proximity to the capital complex. Commercial Office fronting high-traffic 11th Avenue. 10,000 to 15,000 vehicles per day. The building/land is for sale only, NOT THE BUSINESS. Well-kept 1566 square foot building with a garage. Parking in the rear of the building, plus a cross-parking agreement with properties on the west.

1317 11th Avenue, Helena

Listing courtesy of Listing Agent: John E Lagerquist | jlagerquist@century21hr.com from Listing Office: Century 21 Heritage Realty - Helena.
$325,000
30076876 MLS
Income-producing commercial opportunity in St. Ignatius! This 1,968 sq ft building offers three separate spaces, providing flexibility for an owner-user, investor, or multiple business uses. Unit 2 is home to LouLou's Laundromat, with washer and dryer equipment included, a 1/2 bath, storage room, Culligan system, propane water heater, and propane heat. Approximately 14 washers and 7 dryers included in sale. The former candy shop offers a large open room, storage closet, exterior access, and plumbing behind the wall, while the former beauty salon features existing plumbing, a 1/2 bath, large utility sink, separate room and exterior entrance, making it well suited for a variety of future uses. Additional features include a metal roof, city water and sewer, electric wall heaters, and window A/C units. Plenty of parking in front of the unit, plus a spacious yard in the back. A great opportunity to continue the existing laundromat operation while putting the additional spaces to work! Located in St. Ignatius just off Hwy 93.

106 Six Tracts Way, St Ignatius

Listing courtesy of Listing Agent: Carla Hardy | carla@carlahardy.com from Listing Office: ERA Lambros Real Estate Missoula.
$390,000
30076820 MLS
Commercial Property Along US Highway 2 Available! Opportunities to own commercial property with direct US Highway 2 frontage in Libby are becoming increasingly difficult to find. Located along one of the area's primary commercial corridors, 30414 US Highway 2 offers excellent visibility and accessibility in the heart of Northwest Montana. Formerly operated as a taxidermy shop, this property provides a versatile commercial space with the potential to accommodate a variety of business uses. US Highway 2 serves as a major route through Libby and the surrounding communities, making this an excellent location for a business looking to capitalize on highway exposure and convenient access. Whether you're looking to continue a similar operation, establish a new business, create a retail or service location, or invest in commercial real estate, this property offers a unique opportunity in a market where highway frontage is increasingly hard to come by. Take advantage of the visibility, accessibility, and potential that this Highway 2 commercial location has to offer. Bring your business to the heart of Libby's commercial corridor and make this property your own.

30414 Us Highway 2, Libby

Listing courtesy of Listing Agent: Brody Goucher | brody@c21summitrealty.com from Listing Office: CENTURY 21 Summit Realty.
$1,475,000
30076869 MLS
Prime commercial real estate located on Harrison Avenue, Butte’s primary commercial corridor. Situated directly north of I-90, the property benefits from significant local and commuter traffic, with an average annual daily traffic count of approximately 15,000 vehicles per day, according to Montana Department of Transportation traffic data. The property offers excellent visibility and convenient access and is surrounded by a strong mix of local and national retailers, making this a highly desirable commercial location. The offering includes the building, parking lots on both sides of the building, and an additional parking lot behind the building with access from Florence Street. The property provides approximately 65 dedicated parking spaces and features approximately 180 feet of frontage along Harrison Avenue. The combined lots total more than 24,000 square feet. The building contains over 7,350 square feet, approximately 4,950sf on the street level and 2,400sf in the basement. Currently occupied by The Derby restaurant and casino, the property offers excellent visibility, substantial parking and flexibility for a variety of commercial uses. The Seller is a long-time operator of the business and is retiring. The offering also includes an all-beverage liquor license and all furniture, fixtures, and equipment (FF&E) associated with the current business, providing an opportunity for a new owner to continue the existing operation or pursue other commercial uses.

2014 Harrison Avenue, Butte

Listing courtesy of Listing Agent: Gary W Shea | gary@c21shea.com from Listing Office: Century 21 Shea Realty - Butte.
$4,500,000
30076863 MLS
This Large Industrial Warehouse is situated in the heart of the Butte Warehouse District. Built originally for a Beer & Wine Distribution business in 1990. Cement block construction with a metal roof & a steel truss system. Hot water heat in the offices, the warehouse has heat & air conditioning. The Warehouse is approx. 22,940', the office area approx. 5,000 sq ft. The Warehouse area features 2 semi loading docks, 3 industrial overhead doors, 1 bay door with drive-in ramp to access the warehouse. The Warehouse features approximate 20 ft ceilings with a cooler, an abundance of storage, a 2-story office area with a large reception office, a walk-in safe, 5 office areas on the main floor, executive offices on the second floor, a large conference room, 2 restrooms on the main floor& 1 on the upper level 2 have showers. There are 4 additional door exits in the building, parking for 27 vehicles, plus additional in the yard area, 3 phase electric. The property is owned by the listing Broker.

1011 E Second Street, Butte

Listing courtesy of Listing Agent: Jennifer Shea | jennifer@c21shea.com from Listing Office: Century 21 Shea Realty - Butte.
$4,500,000
414124 MLS
This Large Industrial Warehouse is situated in the heart of the Butte Warehouse District. Built originally for a Beer & Wine Distribution business in 1990. Cement block construction with a metal roof & a steel truss system. Hot water heat in the offices, the warehouse has heat & air conditioning. The Warehouse is approx. 22,940', the office area approx. 5,000 sq ft. The Warehouse area features 2 semi loading docks, 3 industrial overhead doors, 1 bay door with drive-in ramp to access the warehouse. The Warehouse features approximate 20 ft ceilings with a cooler, an abundance of storage, a 2-story office area with a large reception office, a walk-in safe, 5 office areas on the main floor, executive offices on the second floor, a large conference room, 2 restrooms on the main floor& 1 on the upper level 2 have showers. There are 4 additional door exits in the building, parking for 27 vehicles, plus additional in the yard area, 3 phase electric. The property is owned by the listing Broker.

1011 E Second Street E 2nd Street, Butte

Courtesy of Jennifer Shea with Century 21 Shea Realty.
$475,000
1 Baths ⋅ 414113 MLS
Established Automotive Business & Building for Sale in Whitehall! This is a great opportunity to own an established automotive business along with the commercial building. The property features 2 heated garage bays with oversized garage doors, an automotive lift, air compressor, office space, bathroom, newer electrical, and an A/C unit in the office. Situated on a corner lot, the property offers great visibility, easy access, and a functional layout for continued automotive operations. Whether you're an experienced automotive professional looking to own your own business and building or an investor looking for a commercial property with an established business, this is an opportunity worth exploring. Business assets, equipment, and additional details available upon request. Schedule your private showing today to explore everything this established automotive property has to offer.

107 E Legion Avenue, Whitehall

Courtesy of Jolene Domme with Berkshire Hathaway - Butte.
$1,475,000
414112 MLS
Prime commercial real estate located on Harrison Avenue, Butte’s primary commercial corridor. Situated directly north of I-90, the property benefits from significant local and commuter traffic, with an average annual daily traffic count of approximately 15,000 vehicles per day, according to Montana Department of Transportation traffic data. The property offers excellent visibility and convenient access and is surrounded by a strong mix of local and national retailers, making this a highly desirable commercial location. The offering includes the building, parking lots on both sides of the building, and an additional parking lot behind the building with access from Florence Street. The property provides approximately 65 dedicated parking spaces and features approximately 180 feet of frontage along Harrison Avenue. The combined lots total more than 24,000 square feet. The building contains over 7,350 square feet, approximately 4,950sf on the street level and 2,400sf in the basement. Currently occupied by The Derby restaurant and casino, the property offers excellent visibility, substantial parking and flexibility for a variety of commercial uses. The Seller is a long-time operator of the business and is retiring. The offering also includes an all-beverage liquor license and all furniture, fixtures, and equipment (FF&E) associated with the current business, providing an opportunity for a new owner to continue the existing operation or pursue other commercial uses.

2014 Harrison Avenue, Butte

Courtesy of Gary Shea with Century 21 Shea Realty.
$5,500,000
30076788 MLS
Exceptional opportunity to acquire The Grove Apartments, a 30-unit multifamily property located at 130 W Kent Avenue in the heart of Missoula’s highly desirable University District. Just minutes from the University of Montana, downtown Missoula, local dining, breweries, recreation, and an extensive network of walking and biking trails, this established property combines a sought-after location with meaningful value-add potential. The Grove consists of two buildings, including the primary apartment building and an adjacent duplex, offering approximately 20,980 square feet of net rentable area on 0.62 acres. The unit mix includes 26 one-bedroom/one-bath units and four two-bedroom/one-bath units, with an average unit size of approximately 699 square feet. The property also features 30 parking spaces, providing a 1:1 parking ratio. Originally constructed in 1968, the property has benefited from substantial recent investment. Current ownership has completed more than $175,000 in capital improvements, including a full roof replacement, new vinyl windows throughout the apartment building, updated flooring, and new paint. These improvements provide a strong foundation for a future owner to continue the existing renovation program and further enhance the property's income potential. Residents enjoy an outdoor courtyard, on-site laundry, on-site maintenance, and convenient access to nearby walking and biking trails. Units feature fully equipped kitchens, breakfast bar seating, built-in storage, vinyl flooring, built-in vanity areas, and full-size showers and/or bathtubs. With an established rental base, significant capital improvements already completed, and additional opportunity to continue renovations and move rents toward market levels, The Grove presents a compelling value-add multifamily investment in one of Missoula’s most desirable rental locations.

130 W Kent Avenue, Missoula

Listing courtesy of Listing Agent: Ashley Inglis | ashleyinglis@ainglisrealty.com from Listing Office: Engel & Völkers - Bozeman.

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.