About the Listing 543001854 - mt.kelseyward,mt.545000527

This offering presents the opportunity to acquire a 2nd-floor office condo, Suite A8, within North Reserve Business Center. The North Reserve corridor is one of the city’s most established commercial submarkets, known for strong traffic counts, excellent accessibility, and proximity to retail, dining, and service amenities. This condo features a functional, low-maintenance office layout, consisting of a large open office area, one smaller private office, a private ADA-accessible restroom, and a dedicated storage/utility closet. The efficient configuration supports long-term tenant usability while minimizing future capital expenditure requirements. The unit is fully leased through January 2031 and includes a tenant renewal option, offering investors durable income with limited near-term rollover risk. The tenant is responsible for rent, electricity, gas, internet, and HOA fees, while the association covers garbage, water, sewer, and exterior and parking lot maintenance, resulting in a favorable, largely pass-through expense structure. Zoned Special District, the property allows for a broad range of office and service-oriented uses, supporting continued leasing flexibility and long-term value preservation. This offering represents a low-management, stabilized investment in a proven Missoula commercial corridor with strong underlying fundamentals and predictable cash flow. Strategically positioned in one of Missoula’s most active commercial corridors near the highly trafficked North Reserve Street retail and business district. This location offers exceptional regional visibility and accessibility, with convenient access to major routes including North Reserve Street and West Broadway — providing seamless connectivity to the greater Missoula market and surrounding communities. North Reserve Business Center hosts more than 90 businesses and offers a mix of office, retail, and flex space options suitable for a variety of commercial users. Units feature private entrances, ample shared parking, signage visibility, and flexible interior layouts — ideal for professional, service, or mixed-use commercial operations.

Listing Highlights