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2105 Bow Street

Missoula, MT 59801
  • $6,700,000
  • STATUS: Active Under Contract
  • ON SITE: 232 Days
  • MLS #: 22118370
Under Contract
UPDATED: 6 min ago
$6,700,000
  • 0
    BEDS
  • 1.78
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,360
    SQFT
  • $314
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

406 Commons is a vision and land package located in Midtown Missoula adjacent to Southside Lions Park. The offering includes the results of a feasibility study, building and development cost projections, conceptual drawings, website, and 3 parcels of land totaling 77,480 sq feet zoned C1-4. Two buildings are located on the property that could serve as a staging area during development. The feasibility study indicates that a large-scale mixed use and community-forward development is well within current zoning regulations for this specific area in Missoula, with the potential to provide housing for up to 135 households.There is also ample room for retail such as coffee shops and taprooms, as well as the potential for community gathering spaces on the rooftop that could provide fitness, movement, and music offerings. The vision emphasizes support for local businesses in its retail and community gathering spots. Midtown is currently experiencing a revitalized focus on its redevelopment, kicked off with the recent adoption by The Missoula Midtown Association (MMA) for strategic goals calling for the creation and implementation of a Midtown Master Plan. In November 2021, the Missoula Redevelopment Agency Board of Directors approved up to $370,000 in Urban Renewal District III funding for the Midtown Master Plan, and MMA is in the final fundraising stages to execute the planning process in 2022. 406 Commons embodies a positive and optimistic vision for Missoula by offering for consideration a community-friendly, mixed-use development project in Midtown, with residences created at an attainable price point. The current and sole owner of 406 Commons is seeking a like-minded buyer(s) or partners to help bring this vision to life through creative, community-based, innovative solutions. Call Shannon Hilliard at 406-239-8350 or your real estate professional to discuss how you can contribute to this innovative solution for Missoula.

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© 2022 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2022-08-10T23:21:45.853.
www.helenahomebuyer.com/homes/124190112
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2105 Bow Street Missoula, MT 59801

  • Price: $6,700,000
  • Status: Active Under Contract
  • On Site: 232 Days
  • Updated: 6 min ago
  • MLS #: 22118370
0
Beds
0
Baths
0
½ Baths
1.78
Acres
21,360
SQFT
$314
$/SQFT
County:
Missoula
Area:
Missoula
Property Description
406 Commons is a vision and land package located in Midtown Missoula adjacent to Southside Lions Park. The offering includes the results of a feasibility study, building and development cost projections, conceptual drawings, website, and 3 parcels of land totaling 77,480 sq feet zoned C1-4. Two buildings are located on the property that could serve as a staging area during development. The feasibility study indicates that a large-scale mixed use and community-forward development is well within current zoning regulations for this specific area in Missoula, with the potential to provide housing for up to 135 households.There is also ample room for retail such as coffee shops and taprooms, as well as the potential for community gathering spaces on the rooftop that could provide fitness, movement, and music offerings. The vision emphasizes support for local businesses in its retail and community gathering spots. Midtown is currently experiencing a revitalized focus on its redevelopment, kicked off with the recent adoption by The Missoula Midtown Association (MMA) for strategic goals calling for the creation and implementation of a Midtown Master Plan. In November 2021, the Missoula Redevelopment Agency Board of Directors approved up to $370,000 in Urban Renewal District III funding for the Midtown Master Plan, and MMA is in the final fundraising stages to execute the planning process in 2022. 406 Commons embodies a positive and optimistic vision for Missoula by offering for consideration a community-friendly, mixed-use development project in Midtown, with residences created at an attainable price point. The current and sole owner of 406 Commons is seeking a like-minded buyer(s) or partners to help bring this vision to life through creative, community-based, innovative solutions. Call Shannon Hilliard at 406-239-8350 or your real estate professional to discuss how you can contribute to this innovative solution for Missoula.
Exterior Features

Waterfront None

Interior Features

Foundation Unknown

Property Features

Age Over 20 Years Bank Owned Or REO No Commercial Type Commercial Covenant No Short Sale No Street Additional Info 2105 Bow / 2101 Bow / 825 Kent Tax Year 2021 Taxes 73786.00 Terms Of Sale CashConventional Zoning C1-4

Listing Agent: Shannon Hilliard
Listing Office: Ink Realty Group, Office Contact Info: (406) 728-8270


© 2022 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2022-08-10T23:21:45.853.
 
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Andy O Realty Group | Keller Williams Capital Realty
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