525-515 Michigan Avenue, Missoula, MT 59802

$725,000

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List Price
$725,000
Status
ACTIVE
MLS#
30072673
Year Built
1961
Acres
0.28

Property Description

Located in the heart of East Missoula, this versatile mixed-use commercial property at 525–515 Michigan Avenue offers a unique opportunity for owner-users, investors, or businesses seeking flexible workspace with excellent access to major transportation routes. The 3,781-square-foot building features 15-foot ceilings and is currently configured for two separate tenants (metered separately). The larger 2,845-square-foot workspace includes a gas shop heater, a 10-foot overhead garage door, 3 phase power, 220V, a private office with exterior access, and a bathroom complete with vanity, toilet, and shower. A second floor 43' x 19' mezzanine provides valuable additional storage space. This portion of the building has been occupied by a successful painting business since 2018. The 936-square-foot space at 515 Michigan Avenue offers heating, cooling, plumbing, and two 10-foot overhead garage doors. This space is also equipped with 220V. An interior wall divides the space into two functional work areas, while a half bath includes a utility sink, water heater, and toilet. Fresh paint and durable aluminum wall finishes create a clean, move-in-ready environment suitable for a variety of commercial uses. Previous occupants have included a motorcycle repair shop and an auto body business. Zoned Neighborhood Center, with potential for many uses: art studio, flower shop, e-bike rental/retailer ... Additional features include paved parking, dedicated space for larger vehicles and trailers, and a divided railroad storage container with access from both ends. Property updates include Therma-Star by Pella windows and recent roof maintenance completed by Western Montana Roofing. Conveniently located just one block from Highway 200 East, and minutes from the I-90 corridor and Marshall Mountain Recreation Park, this property offers outstanding accessibility, flexibility, and potential for a wide range of commercial operations. 525 currently rents for $2700/month modified gross lease (under market value). 515 could potentially rent for $2200/month modified gross lease (vacant). Contact listing agent for exclusions.

Additional Information

Cooling
Ductless
Heating
Ductless, Wall Furnace
Roof
Metal
Exterior Features
Storage
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available, Separate Meters

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Julie McLennan | juliemclennan101@gmail.com from Listing Office: Ink Realty Group.

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.