Downtown Missoula Office Suites
For Lease
Contact for pricing
127 N Higgins Ave, Missoula, MT 59802
Unique office building in downtown Missoula with suites available.
Space Size312 SF - 1,395 SF
Property Size31,179 SF
Days on Market1570
Property Features for 127 N Higgins Ave
General Information
Standard status
Active
Size
312 SF - 1,395 SF
Class
B
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
31,179 SF
Year Built
1915
Tenancy
Multiple
Spaces For Lease
at 127 N Higgins Ave Contact us- Size
- 438 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 306
- Size
- 1,395 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 201/203
- Type
- Office
- Availability
- Active
Office/Storage
- Size
- 312 SF
- Type
- Office
- Availability
- Active
Suite 205
- Size
- 581 SF
- Type
- Office
- Availability
- Active
Suite 301 A/B
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Listing Agency:
Sterling CRE Advisors
Listed By:
Claire Matten, CCIM/SIOR · License #RRE-BRO-LIC-90048
(406) 360-3102
Source:
Crexi
Added: May 20, 2022
Changed: Aug 24
Last Checked: Aug 31 at 8:11AM
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.
Located in Downtown Missoula between Main and Front Streets, the Penny Block Building is adjacent to the Florence Building and across from the Merc on North Higgins. This building, currently undergoing renovations, houses professional offices and retail stores, offering spaces suitable for diverse and innovative businesses. The building spans three floors and a basement, featuring a circular design with a sky-lit atrium at its center. Multiple suite sizes are available for immediate lease, ranging from approximately 258 to 912 square feet, with the potential for expansion within the building. The location offers a mix of full-service and NNN lease structures. Interior-facing suites benefit from natural light through the atrium. Common areas are being improved with HVAC system updates, new flooring, paint, lighting, ADA compliance upgrades, and better space utilization. Leasing and parking incentives are available.
Key Highlights
- Prime Downtown Missoula location between Main and Front Streets.
- Suites available immediately from ±258 SF to ±912 SF, offering expansion possibilities.
- Unique circular design with a sky‑lit atrium providing exceptional natural light.**
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,230
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
$35.57 /SF/Yr
Avg Asking Price
$5.09–$250 /SF/Yr
Price Range
5,307 SF
Avg Space Size
This space is priced 55% below the average of $35.57 /SF/Yr.
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Unique office building in downtown Missoula with suites available.
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 $16 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Missoula location between Main and Front Streets.; Suites available immediately from ±258 SF to ±912 SF, offering expansion possibilities.; Unique circular design with a sky‑lit atrium providing exceptional natural light.**
