500 Russell Street Missoula, MT $ 1,250,000
500 Russell Street
$ 1,250,000
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500 Russell Street

Missoula, MT, 59801
$ 1,250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,798

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Commercial Property for sale in Missoula, MT

for $1,250,000. This building was built in 1957 on a lot size of 0.179.

Highly visible commercial space in the heart of Missoula! Located at the busy intersection of Russell Street & 3rd Street, this recently updated property offers outstanding exposure with an estimated 35,000+ (2024) vehicles passing by daily. The building features appox. 1664 sq. ft. between the main level & full basement, providing versatile space for retail, office, or service-oriented businesses. Access is easy via Russell Street & a rear alley, and the property includes a parking lot for added convenience. Zoned C1-4 (Neighborhood Commercial), this property is located within URD II, potentially qualifying for Tax Increment Financing (TIF) through the Missoula Redevelopment Agency. It also falls within the Design Excellence – Corridor Typology 2 Overlay & the Southside Riverfront Neighborhood Character Overlay, enhancing its development potential. Whether you’re starting a new venture or expanding your business, this prime location offers exceptional visibility & growth potential.

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 7,494

Style

Lot Size

0.179

Year Built

1957

Town/City

Missoula

County/Region

Missoula

MLS | Web ID

30041725

Features
General
Year Built 1957
Property Subtype Building/Land
Tax Year 2024
County Missoula
Property Type Commercial Sale
Garage Y/N false
Status Active
Directions Access to parking off Russell St or use alley.
City Missoula
Lot Size Units Acres
Lot Size Square Feet 7797.24
Carport Y/N false
Tax Annual Amount 7494.14
Standard Status Active
Year Built Source Public Records
Virtual Tour https://my.matterport.com/show/?m=RyAMFjBaHm9
Expected Active Date 2025-03-04
Legal Description KNOWLES ADDITION # 2 S21 T13 N R19 W BLOCK 62 PORTION OF LOT 4 & ALL OF 5
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Interior
Basement (Y/N) false
Fireplace Y/N false
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Exterior
Lot Size Area 0.179
Foundation Details Poured
Lot Size Acres 0.179
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Jen Clement

Listing Agent

Berkshire Hathaway Homeservices - Missoula

Broker

jen.clement@bhhsmt.com

Email

Affordability Calculator

$8,423
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
$625
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$1,250,000 Listed Price

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500 Russell Street, Missoula, MT, 59801 is a Commercial Property for sale at $1,250,000 with a lot size of 0.179. 500 Russell Street was built in 1957. The property's zip code is 59801 which is in Missoula, MT