MLS® ID: 406394
Type: CommercialSale
S 819 Higgins Missoula, MT
$1,649,000.00
Prime Retail Investment Opportunity on Missoula’s Hip Strip. $128,500 NOI - 7.8% Cap Rate. 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. This property offers a solid investment opportunity in a thriving commercial corridor.
Amenities
Zip 59801
SQFT 8400
Property Type CommercialSale
Lot Size 0.135
Levels N/A
Office Name Eagen Real Estate
Year Built 1905
Subdivision N/A
Area Other Counties/State
Status Active
Listing Agent: Jessie Eagen
Location
(Data provided by Gallatin-BigSky-BSC data)