request_info_guest false

Rare Downtown Mixed-Use Building with Ground Floor Retail

$2,650,000

424 North Higgins Avenue, Missoula, MT 59802

Active
Last Updated: 08/10/2024

11,800 sqft

Building Size

0.075 acres

Lot Area

Details:
Building Size:    11,800 sqft
Lot Area:    0.075 acres
Occupancy:    20%
Units:    1
Year Built:    1900
Floors:    4
Highlights:
  • Recently remodeled living area on 2nd & 3rd floors
  • Brick building with private balconies and natural light exposure
  • Commercial kitchen on ground floor
  • Potential to convert to office space downtown
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

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

Natural Gas

Map:
4 Spaces Available

Second Floor Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
3,250

Modern and historic wrapped in one is what you'll find at 424 North Higgins Avenue in downtown Missoula. You'll find a combination of private offices and open work areas.

Main Floor, 1 Street Retail

Available:
Immediately
Sublease:
No
SQFT
1,813
Lease Type:
Gross

Street level retail space in downtown Missoula. Great storefront and exposed brick make this an ideal choice for your retail business. Additional storage available for lease in the basement.

Third Floor, 3rd Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
2,050

The third floor suite offers 2 private offices, 2 private restrooms, and a large open workspace to include a kitchen/break area.

Second & Third Floors, 2 & 3 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
5,300

Freshly renovated, this historically significant building offers original and modern finishings throughout. The second and third floors offer the character needed for a creative business. The second and third floors can be leased together to meet the needs of a larger company. The basement can be leased for additional storage as needed.

Location
Gallery