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For Sale Exceptional Office Building Near Downtown Missoula

1911 South Higgins Avenue, Missoula, Montana, 59801
For Sale

Property Details

  • Price: $950,000
  • Property Type: Office
  • Availability: Available
  • Transaction Type: For Sale
  • Building Size: 2,976 SF
  • Lot Size: 0.16 AC
  • Property Sub Type: Office
  • Year Built: 1948
  • Building Class: A
  • No. Stories: 2
  • Parking: Yes
  • Zoning Description: B2-2
  • Cross Streets: North Ave and Kensington
  • APN/Parcel ID: 04-2200-28-4-27-11-0000
  • Units: 1
  • Available SF: 2,976 SF
  • Year Renovated: 2014/2019

Property Description

SterlingCRE Advisors is pleased to present 1911 South Higgins Avenue, an exceptional, well-maintained professional office building located one mile from Downtown Missoula. After several years in this location, the ownership has experienced elevated operational growth and is expanding into a larger space, allowing a new buyer to enjoy high visibility and off-street parking in an established business-residential neighborhood.

The property resides on a ±7,187 square foot lot with permissive B2-2 commercial zoning. The mature landscaping, welcoming curb appeal, custom building signage, and daily traffic count of ±8,612 VPD (2023 AADT) make it an ideal location for office and retail use.

Initially built in 1978, ownership invested in several updates in 2014 and again in 2019 to maximize efficiency within the building. The functional interior includes a reception area, five (5) offices, a kitchenette, two (2) restrooms, two (2) conference rooms, and ample storage. Dedicated parking in the rear and shared ADA access add to the subject property’s functionality. Don’t miss the opportunity to own a beautiful and unique office property in a neighborhood with incredibly high barriers to entry. Custom furnishings are negotiable with an accepted offer.

Property Highlights

    • Equipped with five (5) offices, two (2) conference rooms, ample storage, and kitchenette
    • Permissive neighborhood commercial B2-2 zoning
    • Highly visible from Higgins Avenue with an average daily vehicle count ±22,894 (2022 AADT)
    • Shared parking and wheelchair ramp with neighbor
    • Exceptional visibility in an area with high barriers to entry

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

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$ 0.00

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