Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    111 Higgins Ave Missoula, MT 59802

    Sponsored
    For Lease
    $24 SF/Yr

    High-visibility, renovated restaurant space.

    Lot size:
    84,547 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3,891 square foot restaurant space is located at 111 N Higgins Ave in Missoula, Montana's vibrant downtown core. Situated in the CBD-4 zone, this single-tenant property boasts high visibility on North Higgins Avenue, benefiting from significant foot traffic and proximity to thriving businesses. The building, constructed in 1940 and extensively renovated in 2017, is part of a larger complex totaling 84,547 square feet. Large storefront windows provide ample natural light and excellent street exposure, creating an inviting atmosphere for patrons. A liquor license is available to qualified tenants through a negotiable concession agreement. This prime location is ideal for both established restaurants seeking expansion and new ventures aiming to capitalize on Missoula's dynamic culinary scene. The property's APN is 04-2200-22-2-19-03-0000, and its zip code is 59802. This opportunity presents a unique chance to establish or grow a successful restaurant business in a highly desirable downtown Missoula location.

    Property Features for 111 Higgins Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    84,547 SF
    Total Rate
    169094

    Building Details

    Year Built/Renovated
    1940/2017
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    3,891 SF
    Rate per SF
    $24

    HighLights

    • 3,891 SF restaurant space in Missoula, MT's vibrant downtown core.
    • High‑visibility storefront on North Higgins Ave with large windows, offering excellent street exposure.
    • Located in a bustling district with diverse shops and eateries, ensuring high foot traffic.
    • Versatile layout suitable for various restaurant concepts.
    • Prime downtown location attracting both locals and tourists, providing year‑round potential.
    • Negotiable liquor license available via concession agreement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aviation Alliance Insurance ... Insurance Agency One Eleven Boutique The Florence Building Historical Landmark Lean Healthcare West Health Consultant SHAPE: Scientific Healing, ... Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -113.99508672588
    Latitude
    46.870605428024

    Nearby Similar for Lease

    • $25 SF/Yr
      81,457 SF

      Missoula Commercial Space For Lease

      Prime commercial space available in The Vista, Missoula, Montana.
      6995 Linda Vis Blvd Unit, Missoula, MT 59803
      View Details
    • $26 SF/Yr

      Class A Office Space Available

      Class A office space in downtown Missoula's iconic First Interstate
      101 E Front St, Missoula, MT 59802
      View Details
    • $3,199,000
      43,865 SF

      Upgraded Commercial Building with Cash Flows

      Modern, functional commercial building with strong leases and workout centers.
      3819 Stephens Ave, Missoula, MT 59801
      View Details
    • $1,495 /Mo

      Russell Street Commercial Space Available

      Prime commercial space with high visibility on Russell Street.
      1900 Russell St, Missoula, MT 59801
      View Details
    • $2,200 /Mo
      43,560 SF

      Efficient Office Space Available

      Ground floor office space with parking in Missoula, Montana.
      4718 23Rd Ave, Missoula, MT 59803
      View Details
    • $25 SF/Yr
      3,528 SF

      Downtown Missoula Commercial Space

      Prime commercial space in the heart of downtown Missoula.
      207 E Main St, Missoula, MT 59802
      View Details
    • $25 SF/Yr
      3,528 SF

      Downtown Missoula Commercial Space

      Prime commercial space in the heart of downtown Missoula.
      207 E Main St, Missoula, MT 59802
      View Details
    • $25 SF/Yr

      Class A Office Space

      Prestigious office space in downtown Missoula with river views.
      101 E Front St, Missoula, MT 59802
      View Details
    • $395 /Mo
      6,098 SF

      Affordable Office Space in Missoula

      Prime central location with all utilities included.
      1008 South Ave W, Missoula, MT 59801
      View Details
    • $1,025 /Mo
      22,216 SF

      Missoula Office Space For Lease

      Centrally located second-floor office space in Missoula, Montana.
      1018 Burlington Ave, Missoula, MT 59801
      View Details
    • $3,200 /Mo
      4,008 SF

      Versatile Commercial Space in Midtown

      3,840 sq ft commercial space in central Midtown Missoula.
      1914 North Ave W, Missoula, MT 59801
      View Details
    • $1,600 /Mo
      1,481 SF

      Missoula Office/Warehouse Unit For Lease

      Office/warehouse unit in North Reserve Business Center available for lease.
      2825 Stockyard Rd, Missoula, MT 59808
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-visibility, renovated restaurant space.
    Where is this restaurant located?
    The property is located at 111 Higgins Ave Missoula, MT.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 3,891 SF restaurant space in Missoula, MT's vibrant downtown core.; High-visibility storefront on North Higgins Ave with large windows, offering excellent street exposure.; Located in a bustling district with diverse shops and eateries, ensuring high foot traffic.
    Request Owner's contact information
    111 Higgins Ave Missoula, MT 59802
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    111 Higgins Ave
    Missoula, MT 59802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Higgins Ave Missoula, MT 59802
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.