515-525-515 Michigan Ave, Missoula, MT

Name: 515 - 525-515 Michigan Ave, For Sale in Missoula - eXp Realty
Brand: Ink Realty Group
SKU: 30072673
Price: 725000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$725,000

000

MLS® 30072673

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $7,236

Days Active 0

Approx. Age 1961

MLS® Number 30072673

Property Address: 515-525-515 Michigan Ave, Missoula, MT, 59802-5581

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of East Missoula, this versatile mixed-use commercial property at 525–515 Michigan Avenue offers a unique opportunity for owner-users, investors, or businesses seeking flexible workspace with excellent access to major transportation routes. The 3, 781-square-foot building features 15-foot ceilings and is currently configured for two separate tenants (metered separately), while an interior garage door allows the spaces to be easily combined into a single operation. The larger 2, 845-square-foot workspace includes a gas shop heater, a 10-foot overhead garage door, 220V, a private office with exterior access, and a bathroom complete with vanity, toilet, and shower. A second floor 43' x 19' mezzanine provides valuable additional storage space. This portion of the building has been occupied by a successful painting business since 2018. The 936-square-foot space at 515 Michigan Avenue offers heating, cooling, plumbing, and two 10-foot overhead garage doors. An interior wall divides the space into two functional work areas, while a half bath includes a utility sink, hot water heater, and toilet. Fresh paint and durable aluminum wall finishes create a clean, move-in-ready environment suitable for a variety of commercial uses. Previous occupants have included a motorcycle repair shop and an auto body business. Zoned Neighborhood Center, with potential for many uses: art studio, flower shop, e-bike rental/retailer ... Additional features include paved parking, dedicated space for larger vehicles and trailers, and a divided railroad storage container with access from both ends. Property updates include Therma-Star by Pella windows and recent roof maintenance completed by Western Montana Roofing. Conveniently located just one block from Highway 200 East, and minutes from the I-90 corridor and Marshall Mountain Recreation Park, this property offers outstanding accessibility, flexibility, and potential for a wide range of commercial operations. 525 currently rents for $2700/month modified gross lease (under market value). 515 could potentially rent for $2200/month modified gross lease (vacant).

MLS® Number30072673

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1961

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 10, 2026List Date

$725,000List Price

Commute

Commute

Starting Address

Destination Address

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