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.

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Engel & Völkers

Your advisor: Donald M Sokoloski

Property ID: AM-5037004

Property details

Property type

Store

Plot surface

2,899 m²

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Engel & Völkers

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Engel & Völkers Missoula

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