704 SW Higgins Ave - Supermarket FOR SALE


Missoula, MT 59803
$3,695,000 USD
406-880-3900
704 SW Higgins Ave, Missoula, MT for Sale
$3,695,000 USD
Supermarket - FOR SALE
1/35
null | 7.8% Cap Rate

704 SW Higgins Ave
Missoula, MT 59803


OVERVIEW

Building & Land For Sale - Business is not included in sale. Tenant will vacate property prior to closing. 7.8% Cap Rate with current lease at $12psf NNN Located in vibrant Midtown Missoula, this 24,000 square foot steel building represents a rare opportunity to acquire a well-established commercial asset in a highly sought-after corridor. The property is occupied by a grocery store under a triple net lease, offering consistent income backed by a longstanding neighborhood business. The building features 1.69 acres with substantial on-site parking, brand new roof, a west-facing pit loading dock, and full alley access for convenient service and deliveries. Having operated successfully as a grocery store for decades, the site enjoys deep community roots and steady foot traffic.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

C1-4

APN/PARCEL ID

04-2200-33-3-09-06-0000

ASK ABOUT THIS PROPERTY

Jessie EagenEagen Real EstateMore Info
406-880-3900

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Jessie EagenEagen Real EstateMore Info
406-880-3900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.