424 N Higgins Ave Missoula, MT 59802
For Lease
1 / 5
This exceptional four-story, 11,800-square-foot mixed-use building, constructed in 1900 and renovated in 2019, presents a rare opportunity in Missoula's vibrant downtown. Located on North Higgins Avenue, it boasts approximately 9,522 square feet of vacant space, offering significant potential for a variety of uses. The ground floor features approximately 11,800 square feet of street-level retail space, ideal for a flagship store or multiple tenants. A fully equipped bar with water and drain access is already in place. The upper three floors provide approximately 5,300 square feet of versatile office and event space. The second floor includes three large private offices, two restrooms, a kitchenette, open workspaces, and dual porch terraces. The third floor offers an expansive open event space with a wet bar, restroom, and a fully built-out suite with its own restroom and storage. The building is zoned CBD-4 and benefits from abundant natural light and elegant custom wood trim throughout. This historically significant property offers a unique blend of character and modern functionality, making it an exceptional investment opportunity in a thriving Montana market. The building's prime location ensures high visibility and accessibility.
-
Thyme Management Restaurant Take-out & Catering
-
Pulley's Hot Sauce Food Processing Plant Factory
-
Meal Thyme Restaurant
-
Orchard Concrete Solutions Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6 · Missoula, MTMissoula. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.