217 N Higgins AVE Missoula, MT 59802
7,860 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 7,860 sqft
Price per Sqft $239
MLS Listing ID 30079691
HOA Y/N No
Year Built 1887
Annual Tax Amount $16,929
Tax Year 2025
Lot Size 4,051 Sqft
Acres 0.093
Property Sub-Type Building
Property Description
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)
Location
State MT
County Missoula
Community Curbs, Street Lights, Sidewalks
Zoning 6
Rooms
Basement Unfinished
Interior
Interior Features Elevator, Vaulted Ceiling(s)
Heating Forced Air
Flooring Carpet, Combination, Vinyl
Fireplace No
Exterior
Parking Features Additional Parking, Alley Access
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Electricity Connected
Water Access Desc Public
View Downtown
Roof Type Other
Building
Lot Description Level
Foundation Poured, Basement
Sewer Public Sewer
Water Public
Others
Tax ID 04220022223070000
Security Features Fire Escape
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard