Restored Historic Office
127 N Higgins Ave, Missoula, MT 59802
For Sale
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Four-level commercial property combines ground-floor retail with creative and professional office suites in a pedestrian-oriented downtown setting.
Property Size30,946 SF
Days on Market108
Property Features for 127 N Higgins Ave
General Information
Standard status
Size
Property subtype
Zoning
Amenities
open, light-filled common areas
Building Details
Year Renovated
Buildings
Stories
Building Size
Tenancy
Listing Agency:
Sterling CRE Advisors
(406) 203-4547
Listed By:
Joe Tredik · License MT RRE-RBS-LIC-108330
(406) 546-4752
Source:
Moodyscre
Added: Jul 30
Changed: Nov 8
Last Checked: Nov 12 at 10:48AM
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
Based on property information with market context.
The Penny Block Building is a 30,946-square-foot commercial property arranged across four levels, with high-visibility retail at street level and creative and professional office suites above. Open common areas bring natural light into the interior, while the building’s historic character has been retained alongside updated systems and functional improvements. A comprehensive renovation was completed in 2006.
Located on North Higgins Avenue in downtown Missoula, the property occupies an active pedestrian corridor. Its D-C zoning supports a broad range of commercial uses. The building has recorded steady rent growth during the past four years and is professionally managed by Sterling CMG. Current tenant uses include wellness, professional services, and retail operations.
Located on North Higgins Avenue in downtown Missoula, the property occupies an active pedestrian corridor. Its D-C zoning supports a broad range of commercial uses. The building has recorded steady rent growth during the past four years and is professionally managed by Sterling CMG. Current tenant uses include wellness, professional services, and retail operations.
Key Highlights
- 30,946‑square‑foot building spanning four levels
- Ground‑floor retail with creative and professional office suites above
- Comprehensive renovation completed in 2006
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,230
Businesses Nearby
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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
Properties on Market for Office buildings in Missoula
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Four-level commercial property combines ground-floor retail with creative and professional office suites in a pedestrian-oriented downtown setting.
Where is this office building located?
The property is located at 127 N Higgins Ave Missoula, MT.
What are key features of this property?
This property features: 30,946‑square‑foot building spanning four levels; Ground‑floor retail with creative and professional office suites above; Comprehensive renovation completed in 2006
