For Sale $9,900,000
Property Type VacantLand
Lot Size 5.1 Acre
Date Updated Feb 22, 2024

Western edge of downtown Missoula, along the Clark Fork RiverRanking alongside Boise, Boulder and Austin as a best place to live, Missoula is active, community-minded and nationally recognized as a mecca for startup activity. Smithsonian Magazine heralds the city as home to “four distinct, almost perfect seasons.” Missoula’s Riverfront Triangle property is a rare opportunity in one of the west’s quickly growing cities. Zoned for mixed-use development, the five acre site can be used for high density office, retail, hospitality and residential. Situated at the entrance to Missoula’s well-curated downtown and on the banks of the Clark Fork River, the Riverfront Triangle features extraordinary mountain views. The property is just a half-mile from Interstate 90 and across the street from the region’s premier medical hub. Missoula’s economy is anchored by a flagship university and broad medical services. A concentration of entrepreneurial activity and an unmatched quality of life beckons a talented, diverse workforce. A ten minute drive to Missoula International Airport, the site is adjacent to the busiest section of the city’s exceptionally well-maintained trail system. Rated as 87/100 for walkability, visitors can be shopping, dining, or touring the University of Montana campus within minutes from the Riverfront Triangle property. River's Edge: $7,800,000, ± 2.56 Acres North View: $2,100,000, ± 0.719 Acres West View: $5,300,000, ± 1.82 Acres

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Highlights

Situated along the river at the western entrance to Missoula's vibrant downtown
Connected by a walking/biking trail to University of Montana and beyond into the national forest
Zoned CBD-4, central business district high density office, residential & retail up to 125’
City of Missoula has committed to helping offset parking & infrastructure costs
Event center and hotel planned for adjacent city owned waterfront parcel, currently surface parking
Extensive parking & site planning completed
Development agreement with city approved
High quality medical facility (Providence Health Services/St. Patrick's Hospital) directly across the street from the site

Contacts

Matt Mellott, CCIM/SIOR

SterlingCRE Advisors

(406) 203-3950

Location

Getting Around

Walk Score ®
87/100 Very Walkable
Transit Score ®
54/100 Good Transit
Bike Score ®
97/100 Biker's Paradise

Map
Street

City Missoula, MT
Zip Code 59802

Points of Interest

Missoula Fresh Market Fuel

0.32 miles
Ole's Country Store

0.53 miles
MRL Fuel Racks

0.56 miles
Holiday

0.56 miles
Cenex

0.66 miles
Sinclair

0.70 miles
Conoco

0.85 miles
Cenex

1.04 miles
Sinclair

1.17 miles
Conoco

1.45 miles

Woody Lot

0.28 miles
Central Park Structure

0.30 miles
Missoula County Employee Parking

0.33 miles
Montana Antique Mall Parking

0.35 miles
Iron Horse Parking

0.39 miles
East Pine Lot

0.40 miles
Museum Parking

0.41 miles
Northern Pacific Building Parking

0.44 miles
US Bank Parking

0.48 miles
City Center Motel Parking

0.57 miles

Mountain Valley Inn

0.11 miles
Red Lion Inn & Suites

0.17 miles
Uptown Motel

0.21 miles
Clark Fork Inn

0.36 miles
Residence Inn by Marriott Missoula Downtown

0.40 miles
Elks Lodge

0.45 miles
Super 7

0.46 miles
Shady Spruce Hostel

0.49 miles
Citilodge Suites

0.50 miles
Holiday Inn Missoula Downtown

0.51 miles

Taco John's

0.11 miles
Biga Pizza

0.22 miles
Sa-Wa-Dee Thai

0.24 miles
The Notorious Pig BBQ

0.24 miles
Masala

0.27 miles
Mackenzie River Pizza

0.32 miles
Five on Black

0.36 miles
Sushi Hana

0.37 miles
Basal

0.37 miles
1889 Steakhouse

0.38 miles

Saint Josephs Elementary School

0.16 miles
Head Start Preschool

0.57 miles
Lowell Grade School

0.59 miles
Hellgate High School

0.77 miles
Loyola Sacred Heart High School

0.79 miles
Willard School

0.81 miles
St. Joseph Elementary & Grade School

0.90 miles
Sussex School - Lower Elementary

1.12 miles
Sussex School

1.14 miles
Sussex School - Upper Elementary

1.18 miles

Kids Crossing

1.40 miles
Lil Griz Club House

1.61 miles
Kid Central Preschool

1.66 miles
Nina's Playhouse

1.70 miles
Jefferson School

1.93 miles
Kids Crossing

2.49 miles
Missoula Early Learning Center

2.61 miles
Kyndra's Corner

2.86 miles
Fort Courage Child Care

2.95 miles
Missoula Christian Preschool

5.05 miles

Frequently Asked Questions

What is the lease rate for Downtown Missoula Riverfront Development Opportunity?

Rental asking rate at Downtown Missoula Riverfront Development Opportunity is $4,950,000.00/YR.

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