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Downtown Brick Building on HipStrip
For Lease
$20 SF/Yr NNN

817 S Higgins Ave, Missoula, MT 59801

4200 SF brick building on Missoula's Hip Strip.

Space SizeContact for details
Days on Market169

Property Features for 817 S Higgins Ave

General Information

Standard status Active

Building Details

Year Built 1905
Listing Agency: ERA Lambros Real Estate Missoula
Listed By: Adam Hertz · License #RRE-RBS-LIC-24957
Source: Jasonbakerteam
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 9 at 9:56PM

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 ERA Lambros Real Estate Missoula

Investment Insights

Based on property information with market context.

This 4,200 square foot brick building is located in Downtown Missoula on the Hip Strip. An additional storage area is available on the second level, which is not included in the total lease area. The building features 4 ft +/- tall ceilings, tasteful finishes, and an open floor plan, offering renovation flexibility. It has been owner-occupied and well-maintained for over 25 years. On-street parking and alley access are available. The NNN estimate is $1,934 per month. Situated on Missoula’s Hip Strip, the location is a popular destination for tourists and locals, featuring a collection of locally owned restaurants and shops. It is within walking distance of Downtown Missoula and Caras Park, which hosts various festivals and events. The University of Montana Campus and Washington Grizzly Football Stadium are just 5 minutes away, attracting students and football fans.

Key Highlights

  • Prime location on Missoula's popular 'Hip Strip' known for its unique, locally‑owned restaurants and shops.
  • Large 4200 sq ft brick building suitable for various business ventures.
  • Well‑maintained, owner‑occupied building with tasteful finishes and an open floor plan.

Property Analytics

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Current Use

mike williams photography Photography Service Bryant Photographics | Missoula ... Photography Service

Suggested Use

Top Pick Storage Facility Carpet & Flooring Store Plumbing Service Home Appliance Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,326
Businesses Nearby

Demographics for 59801, MT

30,629
Population
15,814
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,978
Density / Sq Mi
$55,022
Median Household Income
$34,320
Median Earnings
$1,086
Median Rent
$393,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Missoula, MT

$23.78 /SF/Yr
Avg Asking Price
$17–$34.66 /SF/Yr
Price Range
3,345 SF
Avg Space Size

This space is priced 16% below the average of $23.78 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 4200 SF brick building on Missoula's Hip Strip.
Where is this retail space located?
The property is located at 817 S Higgins Ave Missoula, MT.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime location on Missoula's popular 'Hip Strip' known for its unique, locally‑owned restaurants and shops.; Large 4200 sq ft brick building suitable for various business ventures.; Well‑maintained, owner‑occupied building with tasteful finishes and an open floor plan.
More about this property
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