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  • Key Facts
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Key Facts

Type Building
Levels Commercial Sale
Size 8400 sqft
Garage No
HOA Fees 
Taxes $22,327
Days Active 241
Approx. Age 1905
Avg. Price Per Sqft $238
MLS® Number 398517

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number398517
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1905
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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