Excellent Investment Opportunity
$1,485,000
- 2,899 m² Plot surface
Description
Three income producing properties adjacent to the northeast corner of Russell & Broadway in Missoula. Excellent opportunity to generate income during the underwriting, designing & permitting process of a new development. Current CAP rate is approximately 5.4%. Properties are located in Missoula Urban Redevelopment/Renewal District II and may be eligible for Tax Increment Financing (TIF), Facade Improvement or Commercial Rehabilitation. This site is also located in the Federal Opportunity Zone, with further incentives offered. Owner financing available with acceptable offer and terms.