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PRIME DOWNTOWN MISSOULA COMMERCIAL INVESTMENT OPPORTUNITY! 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)
Property Type(s):
Commercial
| Year Built | 1887 | County | Missoula |
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Additional Details
| BASEMENT | Concrete, Unfinished, Yes |
|---|---|
| CONSTRUCTION | Brick, Wood Siding |
| HEAT | Forced Air |
| INTERIOR | elevator, Vaulted Ceiling(s) |
| LOT | 4051 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 4050 |
| PARKING | Additional Parking, Alley Access |
| SEWER | Public Sewer |
| TAXES | 16929.24 |
| UTILITIES | Electricity Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Downtown |
| WATER | Public |
| ZONING | 6 |
Contact us about this Property
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Listing provided by: Vanessa Francis, TheAgency Missoula | 217 N 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 2026.
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