Commercial Land for Sale in Missoula, Montana

The subject property consists of approximately 0.382 acres (16,620 square feet) of land located in the 100 Block of East Pine Street within the Missoula Central Business District. The parcel is rectangular in shape, level, and situated at street grade on an interior lot. The property also could be a repurpose opportunity. It offers excellent accessibility, with approximately 120 feet of frontage along East Pine Street and additional access via the paved alley between North Higgins Avenue and Pattee Street. Concrete sidewalks are in place along East Pine Street, and all public utilities are available to the site. The lot is improved with approximately 16,600 square feet of asphalt paving (installed in 1975). Currently it is striped and curbed to accommodate 53 vehicles, providing valuable off-street parking in the downtown area. There is a 3 year master lease in the amount of $4,500 per month NNN with annual 3% or CPI increases, whichever is greater. Lease may be terminated at the landlord's option upon 90 days written notice or part of a sales transaction, or assigned to a new purchaser.