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About the Listing 545000660 - mt.545000282
Prime Retail Investment Opportunity on Missoula’s Hip Strip This 8,400-square-foot retail building is 100% NNN leased, featuring an exceptional tenant mix and a highly desirable location on South Higgins Ave/US Highway 12. Boasting a daily traffic count of 19,500, this property is just blocks from the University of Montana campus, Downtown Missoula and residential properties, making it a prime location for consistent visibility and foot traffic. Recent capital improvements enhance the property’s value, including: • Brand-new roof • Commercial-grade garage door • Awning replacements • BTU heater installation • Paved and striped parking lot with security-grade LED lighting Additionally, the building includes over 8,000 square feet of unfinished mezzanine attic space with usable ceiling height, providing significant potential for expansion or storage. With a projected cap rate just above 7% by January 2026, this property offers a solid investment opportunity in a thriving commercial corridor.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Commercial Sale
MLS ®
30059813
Year Built
1905
Total Square Footage
8,400
Lot/Acreage
0.14
County
Missoula
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
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- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
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Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $22,327
- Taxes w/Assessments: N/A
- Tax/Property ID: 04220021407010000
- Tax Year: 2024
Payment Calculator
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Questions About..
819 S Higgins Ave Missoula, MT 59801
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