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819 S Higgins Avenue, Missoula, MT 59801
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$1,999,999
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Home Details for 819 S Higgins Avenue
Price
$1,999,999
Type
Commercial/Industrial
Year Build
1905
Sq. Ft.
8400
Lot Size
0.135
County
Missoula
Tax
$22,327
MLS®️ Listing#
30038049
On exitrealty.com
272 days
Property Description
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 6% by January 2025, this property offers a solid investment opportunity in a thriving commercial corridor.
Listing Courtesy: Eagen Real Estate - 406-542-1811. Presented by: Jessie M Eagen
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Montana Regional MLS (MRMLS). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Montana Regional MLS. All Rights Reserved.
Last Updated: 2025-08-19 11:00:59
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$1,999,999
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EXIT REALTY MISSOULA
715 Kensington Ave., Suite 13, Missoula, MT 59801