Commercial Real Estate for Sale at 223 N Higgins Avenue in Missoula, MT for $3,887,000

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223 N Higgins Avenue | Missoula

$3,887,000

Your chance to own a piece of Missoula Downtown History on North Higgins! Built in 1895, this 13,000 Sq. Ft. building has a brick exterior, maintains a lot of original character, & the main & lower floors were recently updated. The upper floor is 2600 sq. ft. & is currently used as an office. The wall of windows in the front office overlooks Higgins Street with an amazing view. The main floor & lower floor are 5200 sq. ft. each & are currently leased to a restaurant & bar business. The business would want to continue to lease both floors offering instant income. Current owners would consider continuing to lease the office space from the new owner or vacate. Option to assume a very low interest rate for a portion of your financing. Reach out to listing agent for more details. If you are looking to establish or expand your presence in Missoula Downtown, this building is a rare opportunity. Ask price based off projected cap rate of 6% along with comparables. Showings by appointment only. MTR 30037976

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MLS Listing ID: 
MTR 30037976
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$3,887,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Missoula
Address: 
223 N Higgins Avenue, Missoula, MT 59802, US
County: 
Missoula
Latitude: 
46.8718800
Longitude: 
-113.9946605
Building Details
Details about the building on a property.
Year Built: 
1895
Basement: 
Finished
Construction
Foundation Details: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.12
Lot Size (Area): 
0.12
Waterfront: 
0
Public Record
Parcel Number: 
04220022223080000
Property Zoning: 
Commercial
Contract Details
Details about the listing contract.
Exclusions: 
Any and all Restaurant Equipment, Tables, Chairs, Desks, Office Equipment and Artwork
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Tamra Widhalm
Listing Office Name: 
Keller Williams Western MT