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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1905
Sq.Footage
8,400
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.135
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,789,000
-
Tax Amount
22327.0
-
Zoning
C - Commercial
-
Sq. Footage
8, 400
-
Price/SqFt
$212
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Missoula
Elementary School
Middle School
High School
Listing Courtesy of Jessie Eagen , Eagen Real Estate
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