217 N Higgins Ave, Missoula, MT

House

For Sale

Listed price in listed location currency (USD).

$1,885,000

000

MLS® 30079691

Overview

Key Facts

Type

Levels Commercial Sale

Size 7860 sqft

Garage

Taxes $16,929

Days Active 3

Lot Size 0.093 Acres

Approx. Age 1887

Avg. Price Per Sqft $239

MLS® Number 30079691

Property Address: 217 N Higgins Ave, Missoula, MT, 59802-4434

Average square foot calculated using Size range provided by listing agent.

Description

PRIME DOWNTOWN MISSOULA COMMERCIAL INVESTMENT OPPORTUNITY! Own a piece of Missoula history in the heart of vibrant downtown! Located at 217 N Higgins Avenue, this iconic commercial property offers approximately 7860 square feet of space plus attic & unfinished basement, in one of Missoula’s most desirable and recognizable business districts. Originally constructed in 1887 & remodeled in 2021, this historic building combines timeless architectural character with exceptional potential for investors, business owners, and entrepreneurs seeking a prominent downtown presence. The property features established ground-floor commercial space with an existing tenant subject to the tenants leasehold rights & applicable lease terms. There's an upper-level office space with a full kitchen and 3 bathrooms offering exciting possibilities for future occupancy, repositioning, or additional income generation. The existing ground-floor rental rate is significantly below the estimated market rate. This creates an opportunity for future rental growth upon lease expiration, subject to lease provisions and prevailing market conditions. Buyer to verify square footage, lease terms, rental projections, expenses, and permitted uses. Whether you’re looking to expand your investment portfolio, establish a downtown business presence, or unlock the potential of this historic landmark, contact the listing advisors for additional property details. (Please respect ongoing business operations. Ground floor business is NOT included in the sale. Real Estate only , and the retail space is currently tenant-occupied and subject to the terms and conditions of the existing lease. Retail space not included in pictures or on floor plan)

MLS® Number30079691

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1887

BasementUnfinished

DrivewayAdditional Parking, Alley Access

Garage Spaces

HeatForced Air

A/C

Extras

Map

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