Office Suites with Skylit
127 N Higgins Ave, Missoula, MT 59802
For Lease
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Three-story office building plus basement with naturally lit atrium-facing suites available for lease.
Space Size912 SF
Days on Market645
Property Features for 127 N Higgins Ave
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Space Use
Available From
Amenities
sky-lit atrium
Building Details
Stories
Tenancy
Spaces For Lease
at 127 N Higgins Ave
127 N Higgins Ave
$1,644/Mo
Floor
2
Size
912 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Tucked between Main and Front Streets in Downtown Missoula, the Penny Block Building sits directly adjacent to the Florence Building and across from the Merc on North Higgins. Home to various professional offices and retail stores, this unique building is mid-renovation and an ideal space for diverse, innovative businesses. Spanning across three floors and a basement, the circular design is centered by a sky-lit atrium.
- Multiple suite sizes available for lease immediately. Suites vary from ±136 SF to ±912 SF, allowing for expansion within the building if desired. With a mix of full-service and NNN lease structures, this convenient location is a rare find. The interior-facing suites look out to the atrium with exceptional natural light. The common area spaces are currently going through improvements which include HVAC system updates, new flooring, paint, lighting, ADA compliance, and improved utilization of space throughout the building.
- Centrally located in Downtown Missoula
- Newly renovated building
- Natural light
- Variety of suite sizes
- Leasing Incentives Available
Contact us
Listing Agency:
Sterling CRE Advisors
(406) 203-4547
Listed By:
Joe Tredik · License #RRE-RBS-LIC-108330
(406) 546-4752
Source:
Moodyscre
Added: Feb 1, 2025
Changed: Nov 1
Last Checked: Nov 6 at 10:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sterling CRE Advisors
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Investment Insights
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The Penny Block Building offers office suites across three floors and a basement, arranged in a distinctive circular layout centered by a sky-lit atrium. Interior-facing suites look out over the atrium and are designed to bring in abundant natural light, while multiple suite sizes are available for immediate lease.
The building is located in downtown Missoula, tucked between Main and Front Streets. It sits directly adjacent to the Florence Building and across from the Merc on North Higgins, providing convenient proximity to downtown activity.
The property is mid-renovation, with common area improvements underway that include HVAC system updates, new flooring, fresh paint, updated lighting, ADA compliance upgrades, and improved space utilization throughout the building. Suite sizes vary from 136 SF to 912 SF, and leasing is available using a mix of full-service and NNN lease structures. Leasing incentives are available.
The building is located in downtown Missoula, tucked between Main and Front Streets. It sits directly adjacent to the Florence Building and across from the Merc on North Higgins, providing convenient proximity to downtown activity.
The property is mid-renovation, with common area improvements underway that include HVAC system updates, new flooring, fresh paint, updated lighting, ADA compliance upgrades, and improved space utilization throughout the building. Suite sizes vary from 136 SF to 912 SF, and leasing is available using a mix of full-service and NNN lease structures. Leasing incentives are available.
Key Highlights
- Circular, three‑floor office building plus basement centered by a sky‑lit atrium
- Atrium‑facing suites built for abundant natural light
- Suite sizes available for lease range from 136 SF to 912 SF
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,230
Businesses Nearby
Explore this area
Business Placement
Demographics for 59802, MT
19,892
Population
10,416
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
96%
High-School Grad
45.4 sq mi
ZIP Area
438
Density / Sq Mi
$65,054
Median Household Income
$36,541
Median Earnings
$1,021
Median Rent
$420,200
Median Home Value
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Market
Lease Benchmarks for Missoula, MT
$37.54 /SF/Yr
Avg Asking Price
$2.61–$250 /SF/Yr
Price Range
6,173 SF
Avg Space Size
This space is priced 42% below the average of $37.54 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Missoula, MT
Properties on Market for Office Units in Missoula
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Three-story office building plus basement with naturally lit atrium-facing suites available for lease.
Where is this office unit located?
The property is located at 127 N Higgins Ave Missoula, MT.
What is the lease rate?
The lease rate is $1,644/Mo.
What are key features of this property?
This property features: Circular, three‑floor office building plus basement centered by a sky‑lit atrium; Atrium‑facing suites built for abundant natural light; Suite sizes available for lease range from 136 SF to 912 SF
