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Rare Downtown Mixed-Use Building with Ground Floor Retail

424 North Higgins Avenue, Missoula, MT, 59802
For Lease

Property Highlights

    • Great location in downtown
    • Flexible open work areas and private offices
    • Quick walk to parking lots and garages

Property Details

  • Price: $24.00SF/yr (NNN)
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Lease
  • Building Size: 11,800 SF
  • Lease Type: NNN
  • Year Built: 1900
  • No. Stories: 3
  • Tenancy: Multi Tenant
  • Zoning Description: CBD-4
  • Cross Streets: North Higgins Avenue
  • APN/Parcel ID: 04-2200-22-2-39-09-0000

Property Description

SterlingCRE is proud to present 424 North Higgins Avenue, a mixed-use building in downtown Missoula with ground floor retail and additional office space.

Located on the North end of Higgins, this historically significant mixed-use building features ±1,813 square feet of ground floor retail with an expansive ±5,300 square feet of office and event space.

Suites include elegant custom wood trim throughout with ample natural light spread across three floors. Upon entering at street level, enjoy access to a full sized bar complete with access to water and drain systems. The suite offers versatility with the option to facilitate retail-use.

Through private access point, the second floor features three (3) oversized private offices, and two (2) restrooms complete with a kitchenette and open work stations with dual porch terraces. The third floor holds an open event space inclusive of a wet bar, restroom, and one (1) fully built suite amenitized with a primary restroom and additional room for storage

Location Description

Located on the 400 Block of North Higgins Avenue in downtown Missoula.

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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
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Expense
Potential
Current
Total Expenses
$ 0.00
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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 %

Main Floor

Space Details

  • Space Available 1,813 SF
  • Lease Rate $24/SF + NNN
  • Space Type Street Retail

Space Description

Suites include elegant custom wood trim throughout with ample natural light spread across three floors. Upon entering at street level, enjoy access to a full sized bar complete with access to water and drain systems. The suite offers versatility with the option to facilitate retail-use. Lease Term: Negotiable

Second Floor

Space Details

  • Space Available 3,250 SF
  • Lease Rate $24/SF + NNN
  • Space Type Creative/Loft

Space Description

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. Lease Term: Negotiable

Third Floor

Space Details

  • Space Available 2,050 SF
  • Lease Rate $24/SF + NNN
  • Space Type Creative/Loft

Space Description

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

Second & Third Floors

Space Details

  • Space Available 5,300 SF
  • Lease Rate $24/SF + NNN
  • Space Type Creative/Loft

Space Description

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. Lease Term: Negotiable

Rent Roll

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

Totals

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