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Prime Restaurant Space | Florence Building 111 N Higgins Ave
3,834 SF of Retail Space Available in Missoula, MT 59802
Highlights
- Prime location inside the iconic Florence Building
- Separate first-floor coffee bar available (add-on)
- Historic Landmark Appeal in Downtown Missoula
- Adjacent to an expansive lobby with ample seating
- Featuring a bar, dining area and kitchen
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 3,834 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Seize this rare opportunity to establish your business in one of Missoula’s most historic and recognizable landmarks – the Florence Building. Located in the heart of downtown at 111 North Higgins Avenue, this prime restaurant space offers unparalleled visibility and foot traffic, surrounded by Missoula’s vibrant retail, dining, and cultural scene. Spanning ±3,834 square feet, this exquisite restaurant space is located on the first floor, adjacent to a spacious lobby and common area featuring ample seating, a cozy fireplace, and elegant Art Deco-inspired finishes. The interior includes a bar, dining area, and kitchen, complete with hood vents, coolers, and freezers. Liquor license available to qualifying tenants via concession agreement; terms negotiable. Additionally, basement storage and a separate coffee bar on the first floor are available for tenant use for an additional fee, offering even more potential to expand your offerings in this prime location. Lease rate $20-$28/SF + NNN (±$10.51/SF/YR). Coffee bar available for additional fee.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Prime location inside the iconic Florence Building
- Adjacent to an expansive lobby with ample seating
- Separate first-floor coffee bar available (add-on)
- Featuring a bar, dining area and kitchen
- Historic Landmark Appeal in Downtown Missoula
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 111 N Higgins Ave , Missoula, MT 59802
Property Type | Retail | Gross Leasable Area | 3,834 SF |
Property Subtype | Restaurant | Year Built/Renovated | 1940/2017 |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 3,834 SF |
Year Built/Renovated | 1940/2017 |
About the Property
Spanning ±3,834 square feet, this exquisite restaurant space is located on the first floor, adjacent to a spacious lobby and common area featuring ample seating, a cozy fireplace, and elegant Art Deco-inspired finishes. The interior includes a bar, dining area, and kitchen, complete with hood vents, coolers, and freezers. Additionally, basement storage and a separate coffee bar on the first floor are available for tenant use for an additional fee, offering even more potential to expand your offerings in this prime location.
Nearby Major Retailers
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Prime Restaurant Space | Florence Building | 111 N Higgins Ave
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