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    501 S Higgins Ave Missoula, MT 59802

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    For Lease
    $4,200 /Mo ($16 SF/Yr)

    Corner retail suite with basement in Walker's Paradise.

    Property size:
    3,000 SF
    Lot size:
    0.23 Acres

    Property Features for 501 S Higgins Ave

    General Information

    Size
    3,000 SF
    Lot size
    0.23 Acres

    Source: Sterling CRE Advisors Agent Joe Tredik

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on South Higgins

    This corner suite on South Higgins Avenue offers approximately 3,000 square feet of total space. The ground-level retail space comprises approximately 1,000 rentable square feet and features large display windows. An additional approximately 2,000 square feet of basement space is available, suitable for storage, workspace, or staff areas. The location boasts a Bike Score of 100 and a Walk Score of 93, earning it the designation of "Walker’s Paradise." This high-visibility location benefits from a traffic count of 13,591 vehicles per day as of 2024. The property is surrounded by restaurants, retailers, coffee shops, and student housing. Dedicated parking is available. The zoning is C1-4, which allows a wide variety of commercial uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Missoula People's Market Market Montana Dispensary Cannabis Store MariMint-Missoula Cannabis Store Liberty Mutual Car ... Insurance Company Iron Horse Bar ... Bar

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -113.9929112
    Latitude
    46.874507

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    FAQs

    What type of property is this?
    Retail space - Corner retail suite with basement in Walker's Paradise.
    Where is this retail space located?
    The property is located at 501 S Higgins Ave Missoula, MT.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on South Higgins Avenue with 13,591 vehicles per day.; - ±3,000 SF total including ±1,000 RSF ground-level retail with large display windows and ±2,000 RSF basement.; - Bike Score 100 / Walk Score 93 — “Walker’s Paradise”.
    (406) 546-4752
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 S Higgins Ave Missoula, MT 59802
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