Downtown Office Suites in Historic Penny Block Building | 127 N Higgins Ave

127 North Higgins Ave Missoula, MT 59802

127 North Higgins Ave, Missoula, MT, 59802
Exterior
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Apr 25, 2024

Highlights

  • Centrally located in Downtown Missoula
  • Newly renovated building
  • Natural light
  • Variety of suite sizes
  • Leasing Incentives Available

Description

Tucked between Main and Front Streets in Downtown Missoula, the Penny Block Building sits directly adjacent to the Florence Building and across from the Merc on North Higgins. Home to various professional offices and retail stores, this unique building is mid-renovation and an ideal space for diverse, innovative businesses. Spanning across three floors and a basement, the circular design is centered by a sky-lit atrium.

Available suite sizes vary from ±300 SF to ±1,952 SF, allowing for expansion within the building if desired. With a mix of full-service and NNN lease structures, this convenient location is a rare find. The interior-facing suites look out to the atrium with exceptional natural light. The common area spaces are currently going through improvements which include HVAC system updates, new flooring, paint, lighting, ADA compliance, and improved utilization of space throughout the building.

*Leasing Incentives Available*
*Parking Incentives Available*
Downtown Parking Information - https://ci.missoula.mt.us/488/Lease-Areas
Matterport Link 2nd Floor Available Suites - https://my.matterport.com/show/?m=ZT4MEUYAgY7
Matterport Link 3rd Floor Available Suites - https://my.matterport.com/show/?m=nyFdCejBfhb

On the block between Front and Main Streets in downtown Missoula


Year Built: 1915
Building Size: 31189sq ft
Building Class: B
Lot Size: 0.2 acres


Documents

Leasing Brochure | 127 N Higgins - SterlingCRE Advisors.pdf

Units for Lease

Suite 307C
Space Available: 257 SF
Lease Type: Full Service

Price Per Sqft/Month: $900.00
Suite 206
Space Available: 518 SF
Lease Type: NNN

Price Per Sqft/Month: $20.00
Suite 207
Space Available: 1952 SF
Lease Type: NNN

Price Per Sqft/Month: $25.00
Suite 205
Space Available: 368 SF
Lease Type: NNN

Price Per Sqft/Month: $20.00
Suite 302
Space Available: 412 SF
Lease Type: NNN

Price Per Sqft/Month: $20.00


Map of 127 North Higgins Ave, Missoula, MT, 59802

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.