$725,000
( $191.75Per Sq Foot )
 $3,892 est/mo Sourced by Back At You

525-515 Michigan Avenue,Missoula, MT 59802

Missoula, MT 59802

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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, 240V, 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 240V. 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 ... Currently leased to a motorcycle repair company. 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.515 currently rents for $1500/month modified gross lease.Leases available apon request. Contact listing agent for exclusions.

Details

MLS #30072673
Listing TypeFor Sale
StyleBuildingland
Sub-TypeResale
StatusActive
Year1961
Days On Site89
Listing Provided ByInk Realty Group | Julie McLennan

Features

SQ Feet3,781
ZoningCommercial
Acreage0.28
Property ViewResidential

Exterior

Lot FeaturesLevel, See Remarks

Parking

Garage Yes / NoNo
Parking FeaturesAdditional Parking, Rv Access Parking, See Remarks

Taxes

Tax Annual Amount7235.53

Area Information

StateMT
CountyMissoula
CityMissoula
Zip Code59802
Listing VS Median (in 59802)
Price:
$725,000
low | high
Med:
$650,000
60.344827586207% of Average
sqft:
3,781
low | high
Med:
2,218
91.338270298863% of Average
$ / sqft:
$192
low | high
Med:
$293
2.834178041728% of Average
On site:
89
low | high
Med:
482
18.464730290456% of Average
Sourced by Back At You

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Learn More About This Property

StateMT
CountyMissoula
CityMissoula
Zip Code59802
Listing VS Median (in 59802)
Price:
$725,000
low | high
Med:
$650,000
60.344827586207% of Average
sqft:
3,781
low | high
Med:
2,218
91.338270298863% of Average
$ / sqft:
$192
low | high
Med:
$293
2.834178041728% of Average
On site:
89
low | high
Med:
482
18.464730290456% of Average
Sourced by Back At You
Listing Updated: August 31, 2026 at 1:43:45 PM PDT
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