Property Description

Prime Retail Investment Opportunity on Missoulaโ€™s Hip Strip This 8,400-square-foot retail building is 100% NNN leased, featuring an exceptional tenant mix and a highly desirable location on South Higgins Ave/US Highway 12. Boasting a daily traffic count of 19,500, this property is just blocks from the University of Montana campus, Downtown Missoula and residential properties, making it a prime location for consistent visibility and foot traffic. Recent capital improvements enhance the propertyโ€™s value, including: โ€ข Brand-new roof โ€ข Commercial-grade garage door โ€ข Awning replacements โ€ข BTU heater installation โ€ข Paved and striped parking lot with security-grade LED lighting. Additionally, the building includes over 8,000 square feet of unfinished mezzanine attic space with usable ceiling height, providing significant potential for expansion or storage. With a projected cap rate just above 6% by January 2025, this property offers a solid investment opportunity in a thriving commercial corridor.

Address Map

US
Montana
Missoula
Missoula
59801
819 S Higgins Avenue, Missoula, Montana 59801
0
W114° 0' 7.5''
N46° 51' 48.4''

Additional Information

$0
0
8,400 Sqft
84
84
$0
0000060606
: No
$22,327
2024
17335612

819 S Higgins Avenue, Missoula, Montana 59801, Missoula, Montana 59801

819 S Higgins Avenue, Missoula, Montana 59801, Missoula, Montana 59801

8,400 Sqft
$1,999,999
Listing ID #398517

Basic Details

Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 398517
Price : $1,999,999
Square Footage : 8,400 Sqft
Year Built : 1905
Lot Area : 0.14 Acre
Status : Active
Property Sub Type : Building

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