$6,700,000
2105 Bow Street, 2105 Bow / 2101 Bow / 825 Kent
Missoula, MT 59801
MLS# 22118370
21360 sqft


Conceptual drawings are for illustration purposes only and buildings are not included in the price.
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Conceptual drawings are for illustration purposes only and buildings are not included in the price. 2105 Bow Street, 2105 Bow / 2101 Bow / 825 Kent, Missoula, MT 59801 2105 Bow Street, 2105 Bow / 2101 Bow / 825 Kent, Missoula, MT 59801

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 84 households.

Details
Maps
Documents
Contract Data
Current Price: $6,700,000
Property Sub-Type: Commercial
Listing Date: 2021-12-20
List Price: $6,700,000
List Price/SqFt: 313.67
Sellers Preferred Title Company: Title Services
Agent Owned: No
REO/Bank Owned: No
Sold Data
Status: Active
Potential Short Sale: No
General Property Description
Square Feet Estimate: Over 20000
Total Sq. Ft.: 21360
Number Of Units: 2
Lot Acres: 1.78
Lot SqFt.: 77480
Waterfront: None
Legal and Taxes
Covenant: No
Zoning: C1-4
Taxes: 73786
Tax Year: 2021
Legal: HOMEVALE ADDITION, S28, T13 N, R19 W, E 220' S1/2 OF BLK 16 PT VAC ALLEY, 75.5' OF N1/2 OF BLK 16 PT OF VAC ALLEY, and E300' OF N1/2 OF BLK 16 PT OF VAC ALLEY
Location
House Number: 2105
Street Name: Bow
Street Suffix: Street
Street Addl Info: 2105 Bow / 2101 Bow / 825 Kent
State: MT
Zip Code: 59801
County: Missoula
Country: United States
City Limits: Yes
Directions: Located at the corner of Kent and Bow St in Midtown. Buildings include the former Women's Club building and Red Willow.
Geo Lat: 46.850923
Geo Lon: -114.010142
Terms Of Sale
Other: Partner
Offering
Other: Concept study docs
Property Features
Terms Of Sale: Cash; Conventional
Age: Over 20 Years
Foundation: Unknown
Supplements
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.

Listing Office: Ink Realty Group

Listing Agent: Shannon Hilliard

Last Updated: December - 28 - 2021

2105 Bow Street, 2105 Bow / 2101 Bow / 825 Kent, Missoula, MT 59801 - MLS# 22118370

IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.