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819 S Higgins Avenue

Missoula, MT 59801

$2,199,000
Commercial Sale Listing
8,400 SqFt

Summary

Prime Retail Investment Opportunity on Missoulas 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 propertys 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 6% by January 2025, this property offers a solid investment opportunity in a thriving commercial corridor.

Details

  • Type
    Building
  • Approx Sq Feet
    8,400
  • Year Built
    1905
  • Days on Market
    8
  • Listing Courtesy of
    Eagen Real Estate
  • MLS #
    398517

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

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