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    817 Higgins Ave Missoula, MT 59801

    Sponsored
    For Sale
    $1,107,000

    Downtown Missoula mixed-use gem, high visibility.

    Property size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,200 square foot mixed-use building is situated on Missoula's vibrant Hip Strip at 817 S. Higgins Ave, in the heart of downtown. The single-story, 1905-built structure boasts 16-foot ceilings and underwent a complete renovation in 2015. Currently operating at 100% occupancy, this property presents a unique investment opportunity for owner-users or multi-tenant operations. The building's C1-4 zoning allows for diverse uses, complementing its prime location. With a 0.096-acre lot and 4,200 square feet of air rights, the property offers significant potential. Its high visibility storefront on S. Higgins Avenue benefits from over 21,000 vehicles passing daily. The building's proximity to the Missoula International Airport (13-minute drive), the University of Montana, and Caras Park, a popular event venue attracting hundreds of thousands annually, further enhances its appeal. The property's tasteful finishes and open floor plan create a versatile space suitable for a variety of businesses. This well-maintained building offers a rare chance to own a piece of Missoula's thriving downtown scene. The asking price is $1,107,000, translating to $263.57 per square foot.

    Property Features for 817 Higgins Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,200 SF
    Class
    B
    Lot Size
    4,182 SF

    Building Details

    Year Renovated
    2015
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • High‑visibility storefront on S. Higgins Ave.
    • 21,000+ vehicles per day (VPD).
    • 13‑minute drive to Missoula International Airport (MSO).
    • Located on Missoula's Hip Strip, a vibrant area with trendy restaurants and shops.
    • Walking distance to downtown Missoula and Caras Park, a major event venue.
    • 5‑minute drive to the University of Montana and Washington‑Grizzly Stadium.
    Property Profile Location Intelligence

    Current Use by Public Records

    mike williams photography Photographer Bryant Photographics | Missoula ... Photographer

    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
    -113.99753888792
    Latitude
    46.863610600573

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Missoula mixed-use gem, high visibility.
    Where is this individual retail property located?
    The property is located at 817 Higgins Ave Missoula, MT.
    What is the asking price?
    The asking price for this property is $1,107,000.
    What are key features of this property?
    This property features: High-visibility storefront on S. Higgins Ave.; 21,000+ vehicles per day (VPD).; 13-minute drive to Missoula International Airport (MSO).
    Request Owner's contact information
    817 Higgins Ave Missoula, MT 59801
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    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
    817 Higgins Ave Missoula, MT 59801
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