High-Profile Mixed-Use Development / JV Opportunity Near Downtown Missoula

NHN Wyoming Street Missoula, MT 59801

NHN Wyoming Street, Missoula, MT, 59801
Old Sawmill District- Offering Outlined
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FOR SALE
Property Type:
Residential Land Development
Amount:
$5,180,000
Last Verified:
Sep 16, 2024

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Highlights

  • - High profile location along the Clark Fork River, within an easy walk of downtown Missoula
  • - Existing properties at Old Sawmill District have a track record of achieving top-of-market rents and sale prices
  • - High-quality parks and green spaces immediately adjacent to the District
  • - Potential for single-family, townhome or multifamily residential development in a growing market with limited supply
  • - Close proximity to schools and community facilities for future residents

Description

SterlingCRE Advisors is pleased to present a one-of-a-kind opportunity for large-scale development in Old Sawmill District (OSD), an urban neighborhood with a historic heart near Missoula’s Downtown. Development sites of this quality and scale simply do not exist elsewhere in Missoula.

Multiple phases and lots of Old Sawmill District are now available for purchase as a package. Seller will also consider joint venture opportunities with qualified developers.

Numerous lots and phases are platted and ready for construction. Additional phases provide a development runway for the future.

Old Sawmill District has been a resounding success in creating living, working, dining, and recreating opportunities. This offering provides an opportunity to continue this tradition by developing new residential, multi-family, and commercial spaces in the same district.

Old Sawmill District is a two minute walk from Ogren Park at Allegiance Field, Silver Park and paved trails that extend for miles. Downtown Missoula, with its numerous restaurants, galleries, and business life, is also a short walk or bike ride away.

OSD lots are suitable for single-family, townhome, multi-family, hospitality, office and/or retail development.

South of the Clark Fork River from Downtown Missoula

Lot Size: 5.88 acres


Documents

Offering Memorandum Old Sawmill District Phase 1 & 2- SterlingCRE Advisors 9.9.24.pdf
Phase 3 Osprey - COS 6339.pdf
Phasing Map 2.pdf
Millsite Special Zoning District.pdf
02_Proposed Lot Layout_Phasing Plan_8.27.24.pdf
03_Proposed Lots with dimensions_8.27.24.pdf
SW Parcels map.pdf
Sunnyside Addition.pdf
Subdivision Plat Wyoming N.pdf
Sunnyside Addition, Block 9, Lots 1, 2 and 3.pdf
12-13_Minor Adjustment_ Floodplain re LOMR_2017-12-27.pdf

Map of NHN Wyoming Street, Missoula, MT, 59801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.