Rare Downtown Mixed-Use Building with Ground Floor Retail

424 North Higgins Avenue Missoula, MT 59802

424 North Higgins Avenue, Missoula, MT, 59802
Front of building
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FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$2,650,000
Last Verified:
Jan 24, 2024

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Highlights


Description

Rare mixed-use building with architectural character in downtown Missoula with potential as an investment property or for owner-occupier use. This 1900s era building sits in high foot-traffic corridor and is close to coffee shops, bars and restaurants in downtown Missoula. CBD-4 zoning allows for a wide variety of uses.

The main level has an available retail space of ±1,813 square feet and a Tenant who operates a ghost kitchen on the ground floor. Both spaces have basement for storage and prep.

The upper floors are currently used as a single residence with two (2) balconies. In the past, these floors have been used as a restaurant, bar and lounge and retain some of the plumbing for those uses. Upper floors may be converted into office space, or a combination of the three (3) (retail, office, residential).

Download the property flyer for more information on this rare investment opportunity.

Link to Matterport:
Upper Floors: https://my.matterport.com/show/?m=7WW5btLGccn
Basement and Retail: https://my.matterport.com/show/?m=UeMCKpc6FjX

SterlingCRE is proud to present 424 North Higgins Avenue, a mixed-use building in downtown Missoula with ground floor retail and additional office space.

Located on the North end of Higgins, this historically significant mixed-use building features ±1,813 square feet of ground floor retail with an expansive ±5,300 square feet of office and event space.

Suites include elegant custom wood trim throughout with ample natural light spread across three floors. Upon entering at street level, enjoy access to a full sized bar complete with access to water and drain systems. The suite offers versatility with the option to facilitate retail-use.

Through private access point, the second floor features three (3) oversized private offices, and two (2) restrooms complete with a kitchenette and open work stations with dual porch terraces. The third floor holds an open event space inclusive of a wet bar, restroom, and one (1) fully built suite amenitized with a primary restroom and additional room for storage.

Located on the 400 Block of the Main north/south thoroughfare in downtown Missoula.


Year Built: 1900
Building Size: 11800sq ft
Lot Size: 0.08 acres


Documents

Brochure 424 N Higgins - SterlingCRE Advisors Missoula .pdf
Taxes 424 N Higgins SterlingCRE Advisors Missoula.pdf
Sewer Lines 424 N. Higgins Sterling CRE Advisors Missoula.pdf
Gas 424 N Higgins Ave SterlingCRE Advisors Missoula.pdf
Electricity 424 N Higgins Ave SterlingCRE Advisors Missoula.pdf
CAMA 424 N Higgins.pdf
Air Quality 424 N Higgins Ave SterlingCRE Advisors Missoula.pdf
Floor Plan Basement & 1st Floor.pdf
Floor Plan 2nd & 3rd Floors.pdf
Offering Memorandum 424 North Higgins Ave - Sterling CRE Advisors - Missoula.pdf

Units for Lease

Main Floor
Space Available: 1813 SF
Lease Type: NNN

Price Per Sqft/Month: $24.00
Second Floor
Space Available: 3250 SF
Lease Type: NNN

Price Per Sqft/Month: $24.00
Third Floor
Space Available: 2050 SF
Lease Type: NNN

Price Per Sqft/Month: $24.00
Second & Third Floors
Space Available: 5300 SF
Lease Type: NNN

Price Per Sqft/Month: $24.00


Map of 424 North Higgins Avenue, Missoula, MT, 59802

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