428 Grove StMissoula, MT 59804

This exceptional 4.09-acre property in Missoula, Montana, presents a remarkable redevelopment opportunity. Located at 428 N Grove St, this land boasts RM - Residential Medium Density zoning, allowing for a variety of development options. The zoning permits up to 3-11 units per acre, potentially yielding as many as 44 single-family units, with additional units possible through affordable housing incentives. Permitted uses are extensive and include multi-family, single-family, duplexes, senior housing, commercial, office, and religious structures. Detailed zoning regulations are available upon request. The property's strategic location offers unparalleled convenience. It's situated just an eighth of a mile from the Milwaukee Bike & Walking Trail, providing easy east-west access through Missoula's core. Future trail extensions will connect to the Clark Fork River, offering recreational opportunities less than a third of a mile away. City water and sewer services are readily available on Grove Street. The existing house will be removed by the sellers prior to closing. This location is within minutes of grocery stores, restaurants, and other city amenities, and is near Orchard Gardens, a multi-unit residential complex. The asking price for this exceptional development site is $1,950,000. The APN is 2381907.