Downtown Missoula Riverfront Development Opportunity

510 West Front Street, Missoula, MT

$9,900,000

Price

5.1024 acres

Lot Area

 
Overview
Lot Area
5.1024 acres
Description

Ranking 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

Western edge of downtown Missoula, along the Clark Fork River

Gateway to Downtown Missoula
3 tracts, all ideal for mixed use development. Available as one parcel or separately.
This is a high profile development site serves as the gateway to Downtown Missoula, a busy Central Business District with a bustling restaurant and retail scene, nationally renowned arts district, Missoula's office employment core, and multiple new hotels. The site also offers easy access to University of Montana and is across the street from the expanding St Patrick's Hospital, which serves as a regional hub for medical acre.
The site includes river frontage, which accesses Missoula's Riverfront Trail that links downtown to the University and beyond, with spur trails into national forest areas.


Riverfront Trail easement across the River's Edge Property

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
Documents

Location
Gallery