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Charming Mixed-Use in Downtown Missoula 424 N Higgins Ave
11,800 SF Vacant Retail Building Missoula, MT 59802 $2,650,000 ($225/SF)
Investment Highlights
- Heavy daytime foot traffic
- Recently remodeled living area on 2nd & 3rd floors
- Commercial kitchen on ground floor
- Brick building with private balconies and natural light exposure
- Fully leased ground floor
- Potential to convert to office space downtown
Executive Summary
The main level has an available retail space of ±1,813 square feet and a Tenant who operates a ghost kitchen on the ground floor. Both spaces have basement for storage and prep.
The upper floors are currently used as a single residence with two (2) balconies. In the past, these floors have been used as a restaurant, bar and lounge and retain some of the plumbing for those uses. Upper floors may be converted into office space, or a combination of the three (3) (retail, office, residential).
Download the property flyer for more information on this rare investment opportunity.
Link to Matterport:
Upper Floors: https://my.matterport.com/show/?m=7WW5btLGccn
Basement and Retail: https://my.matterport.com/show/?m=UeMCKpc6FjX
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Restaurant
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Street level retail space in downtown Missoula. Great storefront and exposed brick make this an ideal choice for your retail business. Additional storage available for lease in the basement.
Freshly renovated, this historically significant building offers original and modern finishings throughout. The second and third floors offer the character needed for a creative business. The basement can be leased for additional storage as needed.
Freshly renovated, this historically significant building offers original and modern finishings throughout. The third floor suite offers 2 private offices, 2 private restrooms, and a large open workspace to include a kitchen/break area. The second and third floor can be leased together to accommodate a larger company. Additionally, the basement can be leased for storage as needed.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,813 SF | Retail | - | Now |
| 2nd Floor | 3,250 SF | Office | - | Now |
| 3rd Floor | 2,050 SF | Office | - | Now |
1st Floor
| Size |
| 1,813 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 3,250 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 2,050 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,813 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Street level retail space in downtown Missoula. Great storefront and exposed brick make this an ideal choice for your retail business. Additional storage available for lease in the basement.
2nd Floor
| Size | 3,250 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Freshly renovated, this historically significant building offers original and modern finishings throughout. The second and third floors offer the character needed for a creative business. The basement can be leased for additional storage as needed.
3rd Floor
| Size | 2,050 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Freshly renovated, this historically significant building offers original and modern finishings throughout. The third floor suite offers 2 private offices, 2 private restrooms, and a large open workspace to include a kitchen/break area. The second and third floor can be leased together to accommodate a larger company. Additionally, the basement can be leased for storage as needed.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 04-2200-22-2-39-09-0000 | Improvements Assessment | $1,379,260 |
| Land Assessment | $524,388 | Total Assessment | $1,903,648 |
PROPERTY TAXES
Contacts
-
Matt Mellott, SIOR | CCIM -
Connor McMahon -
Chris Bristol -
Sterling CRE Advisors
Presented by
Charming Mixed-Use in Downtown Missoula | 424 N Higgins Ave
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