Multi-Level Restaurant and Bar
New
For Sale
$1,450,000
223 N Higgins Ave, Missoula, MT 59802
Built-out restaurant, lounge, and event-space operation offered with a City of Missoula All Beverage License and NNN lease structure.
Property Size12,969 SF
Price / SF$111.81
Days on Market2
Property Features for 223 N Higgins Ave
General Information
Standard status
Active
Size
12,969 SF
Property subtype
Business Opportunity
Space & Availability
Floor
Ground + Lower Level
Furnished
Yes
Financials
Asking Price
$1,450,000
Business Included
Yes
Restaurant
Equipment Included
Yes
Liquor License
Yes
Building Details
Year Built
1895
Listing Agency:
Eagen Real Estate
Listed By:
Jessie M Eagen · License #8043
(406) 542-1811
Source:
Mtranchsales
Added: Sep 6
Last Checked: Sep 6 at 2:56PM
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 Eagen Real Estate
Investment Insights
Based on property information with market context.
This asset sale comprises a fully built-out restaurant and bar operation at 223 N Higgins Ave in Missoula. The main level includes a restaurant and bar with a prominent service area, while the lower level features a speakeasy-style lounge and separate catering event space. The configuration supports distinct dining, beverage, private-event, and late-night environments within one leased premises.
The offering includes the City of Missoula All Beverage License, furniture, fixtures, equipment, point-of-sale system, and wine inventory. The business occupies space under an NNN lease structure, and the building itself is excluded from the sale. A new owner will enter into a long-term lease with the building owner for the property at 223 N Higgins.
The offering includes the City of Missoula All Beverage License, furniture, fixtures, equipment, point-of-sale system, and wine inventory. The business occupies space under an NNN lease structure, and the building itself is excluded from the sale. A new owner will enter into a long-term lease with the building owner for the property at 223 N Higgins.
Key Highlights
- Two fully built‑out restaurant and bar environments
- Lower‑level lounge plus separate catering event space
- City of Missoula All Beverage License included
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
3,241
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Hotels & Casinos 33%
Shops & Services 19%
Electronics 2%
McDonald's
Dining
14,133 visits/mo
0.5 miles
Residence Inn by Marriott Missoula Downtown
Hotels & Casinos
14,080 visits/mo
0.1 miles
Taco Bell
Dining
13,861 visits/mo
0.4 miles
DoubleTree by Hilton Hotel Missoula - Edgewater
Hotels & Casinos
8,439 visits/mo
0.5 miles
Burger King
Dining
6,515 visits/mo
0.5 miles
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
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built-out restaurant, lounge, and event-space operation offered with a City of Missoula All Beverage License and NNN lease structure.
Where is this conventional restaurant located?
The property is located at 223 N Higgins Ave Missoula, MT.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Two fully built‑out restaurant and bar environments; Lower‑level lounge plus separate catering event space; City of Missoula All Beverage License included
