Description
Presenting a rare and compelling development opportunity in East Missoula. Situated on 0.409 acres just off the highly traveled Highway 200 E, this strategically located parcel offers immediate momentum for a transformative mixed use project. Included in the offering are thoughtfully designed plans for a 15 unit apartment or condominium building, complemented by four 1,600 square foot townhomes featuring double oversized garages. The site also carries commercial mixed use potential, providing exceptional flexibility for investors and developers seeking to maximize both residential density and long term income potential. The design strategically places the road through the center of the property, with three residential levels positioned above parking. The spacious three bedroom townhomes showcase expansive living areas and are designed with the option for a potential fourth level, creating opportunities for rooftop garden space, flex rooms, and even a private hot tub retreat. With strong short term rental appeal and versatile layout options, this project is uniquely aligned with today's evolving housing and investment trends. From the date of purchase, the timeline to break ground could be measured in months, offering a streamlined path from acquisition to vertical construction. Adding to its long term upside, East Missoula is on the brink of a proposed new neighborhood center housing project, further accelerating growth and demand in the area. Residents will enjoy convenient access to downtown, KettleHouse Amphitheater and Washington-Grizzly Stadium, and local amenities along with the natural beauty and recreation of the nearby Clark Fork River, a rare combination of connectivity and lifestyle. With its strategic location, thoughtfully designed plans, and imminent construction readiness, this property represents an unparalleled investment opportunity, perfectly positioned to capitalize on the rapidly expanding real estate landscape in East Missoula.
Details
| MLS # | 30021067 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 930 |
| Listing Provided By | Engel & Völkers Western Frontier - Missoula | Dawn Maddux |
Features
| Zoning | Multi-Family |
|---|---|
| Acreage | 0.41 |
| Property View | Yes |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3351 |
|---|
Area Information
| State | MT |
|---|---|
| County | Missoula |
| City | Missoula |
| Zip Code | 59802 |
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Learn More About This Property
| State | MT |
|---|---|
| County | Missoula |
| City | Missoula |
| Zip Code | 59802 |