819 S Higgins Ave - Freestanding FOR SALE


Missoula, MT 59801- Downtown Missoula
$1,789,000 USD
406-880-3900
819 S Higgins Ave, Missoula, MT for Sale
$1,789,000 USD
Freestanding - FOR SALE
1/48
null | Request Cap Rate

819 S Higgins Ave
Missoula, MT 59801
Downtown Missoula


OVERVIEW

Positioned on Missoula’s vibrant Hip Strip, 819 S Higgins Avenue presents a rare opportunity to acquire a fully leased retail investment in one of the city’s most dynamic corridors. This 8,400-square-foot building is 100% NNN leased, offering stable income from a diverse tenant mix. Located on US Highway 12 with a daily traffic count of 19,500, the property benefits from exceptional visibility and accessibility. It sits just blocks from the University of Montana and Downtown Missoula, surrounded by residential neighborhoods and cultural attractions that drive consistent foot traffic. Recent capital improvements have significantly enhanced the asset’s value and appeal, including a new roof, commercial-grade garage door, upgraded awnings, BTU heater installation, and a newly paved and striped parking lot with high-grade LED security lighting. These upgrades reduce future maintenance costs and improve tenant satisfaction. The property’s historic character, dating back to 1905, blends seamlessly with modern enhancements, making it a standout investment in a high-demand retail corridor. With no floodplain concerns and a clean legal profile, this asset is well-positioned for long-term appreciation and income stability.

FOR SALE DETAILS

PRICE

$1,789,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

Commercial

APN/PARCEL ID

04-2200-21-4-07-01-0000,04-2200-28-1-46-05-0000

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.