Atrium-Style Office
For Lease
Contact for pricing
127 N Higgins Ave, Missoula, MT 59802
Multiple office suites are available in a circular building centered by a skylit atrium for strong natural light.
Property Size136 SF - 912 SF
Days on Market84
Property Features for 127 N Higgins Ave
General Information
Standard status
Active
Size
136 SF - 912 SF
Net Rentable
136 SF
Property subtype
OFFICE
Lease Type
SF/mo
Space & Availability
Available Space
136-912 SF
Space Use
Office
Sublease
No
Available From
Immediate
Amenities
sky-lit atrium
natural light
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
Sterling CRE Advisors
(406) 360-3102
Listed By:
Claire Matten, CCIM/SIOR · License #90048
(406) 360-3102
Source:
Moodyscre
Added: May 11
Changed: Jul 30
Last Checked: Aug 1 at 2:12PM
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
Investment Insights
Based on property information with market context.
The Penny Block Building offers office suites within a circular, multi-level layout centered by a skylit atrium. The building spans three floors and a basement, with interior-facing suites looking into the atrium for natural light. Suite sizes available for lease range from 136 SF to 912 SF, providing options for businesses that may want to expand within the building.
Leases are available under a mix of full-service and NNN structures. Common areas are currently undergoing improvements, including HVAC system updates, new flooring, paint, lighting upgrades, ADA compliance work, and improved utilization of space throughout the building.
The property is centrally located at 127 N Higgins Ave 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.
Leases are available under a mix of full-service and NNN structures. Common areas are currently undergoing improvements, including HVAC system updates, new flooring, paint, lighting upgrades, ADA compliance work, and improved utilization of space throughout the building.
The property is centrally located at 127 N Higgins Ave 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.
Key Highlights
- Three floors plus a basement in a circular, atrium‑centered layout
- Skylit atrium with interior‑facing suites for natural light
- Suite sizes available from 136 SF to 912 SF
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,937
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
Market
Lease Benchmarks for Missoula, MT
$28.88 /SF/Yr
Avg Asking Price
$0.7–$250 /SF/Yr
Price Range
6,997 SF
Avg Space Size
This space is priced 17% below the average of $28.88 /SF/Yr.
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Multiple office suites are available in a circular building centered by a skylit atrium for strong natural light.
Where is this office units located?
The property is located at 127 N Higgins Ave Missoula, MT.
What is the lease rate?
The lease rate is $875 /Mo.
What are key features of this property?
This property features: Three floors plus a basement in a circular, atrium‑centered layout; Skylit atrium with interior‑facing suites for natural light; Suite sizes available from 136 SF to 912 SF
