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Mixed-Use Land for Sale in Missoula, Montana

970 S Reserve St, Missoula, MT 59801

$1,950,000
1.15 acres
Active
ago
Est $13,936/mo

970 S Reserve Street presents a compelling commercial investment opportunity featuring 1.15 acres of B3-2 zoned land with an existing single-family residence. The building is metered for three separate living areas, offering immediate income potential while allowing flexibility for future redevelopment or repositioning. With favorable zoning, strong frontage, and a central location along a major Missoula corridor, this property is well positioned for investors seeking both current cash flow and long-term upside. The large back yard offers a host of opportunities for investors potentially looking to develop multi-family or other commercial uses. This offering includes the residence and associated land; the land is also available separately under MLS #30063522, and a residential-only option under MLS #30063512. Any chandeliers within the residence will be removed prior to closing.

Location

Street address
970 S Reserve St
Elevation
3,174 feet
Coordinates
46.8625, -114.039

Directions

On the corner of South Reserve and South 8th Street.

Property details

Acreage
1.15 acres
Zoning
Business
MLS #
MRMLS 30063514
Posted

Property taxes

2025
$7,517 - RM COBBAN ORCHARD HOMES, S29, T13 N, R19 W, Lot 2, TWO FIFTHS OF 2 LESS N OF DITCH

Parcels

  • 04220029247970000

Legal description

Details and features

Listing

Type
Residential
Zoning
B 3-2

Exterior

Parking
Garage, Open, RV

Structure

Roof
Asphalt

Listing history

DateEventPriceChangeSource
Jan 8, 2026New listing$1,950,000MRMLS
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This 1.15-acre property is located at 970 S Reserve St in Missoula, MT 59801. The property is available for sale for $1,950,000 with a price per acre of $1,695,652.

Checked 7 hours ago — Updated

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