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819 S Higgins Avenue, Missoula, MT 59801 (MLS # 30059813)

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Price $1,789,000
Status Active
Size 8,400 sqft
Lot Size 5,881 sqft
Days on Market 6
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.
Property Type(s): Commercial
Year Built 1905 County Missoula

Additional Details

LOT 5881 sq ft
TAXES 22327
 

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Listing provided by: Jessie M Eagen, Eagen Real Estate | 819 S Higgins Avenue
IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

This IDX solution is (c) Diverse Solutions 2025.

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RE/MAX Mountain View Real Estate

610 9th Street West Columbia Falls, MT 59912
Phone: 892-3000
Fax 406-892-3202
Email: rmvinfo@viewmontana.com
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RE/MAX Mountain View Real Estate


610 9th Street West, Columbia Falls, MT 59912

Give us a call at 892-3000 or send us an email.