2105 Bow StreetMissoula, MT 59801

Description

2105 Bow Street | Formerly the Women's Club — Missoula, MT - Offered 15% BELOW Assessed Value, $2,100,000! A landmark opportunity in the heart of Missoula's midtown corridor, this storied property—long known as the Women's Club—combines historic presence with rare, ground-floor investment upside. Positioned just off the Brooks and Stephens junction, one of the city's busiest arterials, the site delivers exceptional visibility, walkability, and access to a daily traffic count in the tens of thousands. The building offers approximately 14,000 square feet of flexible interior space on a .665-acre lot, with 25 dedicated parking spaces and GREAT zoning that supports a wide range of uses. Recent capital improvements include a brand-new saltwater pool, hot tub, and sauna—turnkey wellness amenities that immediately differentiate the asset and open the door to hospitality, fitness, membership, or event-driven income streams. The defining draw is the redevelopment upside. Engineered for mixed-use, 2105 Bow Street is a strong candidate for a layered commercial, retail, and residential concept. Pro forma modeling supports a blended average cap rate exceeding 9.5%—well above the Missoula market average and a figure that reflects both the durability of the location and the income flexibility of the floor plan. With Missoula's vacancy rates historically tight and midtown densifying year over year, the fundamentals favor long-term appreciation alongside strong in-place cash flow. Whether you're an investor chasing above-market returns, a developer seeking an amenity-rich infill project, or an owner-user wanting a signature address, this property offers a depth of optionality seldom seen at this price point. Assets of this caliber rarely reach the open market in Missoula.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Structure type

Mixed Use

Year built

1983

Building area

14,264 Sq Ft

Lot size

0.67 acres

Parking spaces

28

Days on market

81

MLS^® Listing#

30073978

Property Features

Interior

Open Floorplan · Sauna · Vaulted Ceiling(s)

Exterior

Rain Gutters · Storage

Cooling

Central Air

Heating

Natural Gas · Forced Air · Floor Furnace · Hot Water · Zoned

Flooring

Other

Basement

Crawl Space

Pool

Community

Parking

Additional Parking · Alley Access

Lot features

Level · Split Possible

Construction

Brick · Metal Siding · See Remarks

Foundation

Slab

Roof

Metal · Rubber

Security

Security System Owned · Carbon Monoxide Detector(s) · Fire Alarm · Fire Sprinkler System · Smoke Detector(s)

Community

Pool

Utilities

Natural Gas Available · Cable Connected · Electricity Connected · Natural Gas Connected · Phone Connected · Underground Utilities

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$48,762Tax year 2025

Assessed value

$2,581,700

Parcel number

04220028318030000

Directions

From the intersection of Brooks Street & Stephens Avenue, head southeast on Stephens Avenue (away from Brooks). Bow Street is the next street branching off to your left; turn onto it and 2105 Bow St will be right there on the south side. The whole trip is under a quarter mile — likely under a minute by car, or about a 3–4 minute walk.