127 N Higgins Ave, Missoula, MT 59802
For Lease
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This exceptional three-story, 31,179 square foot Class B office building, located at 127 N Higgins Ave in Missoula, Montana, offers a unique opportunity for businesses seeking a prestigious downtown address. Built in 1915 and extensively renovated in 2022, the building boasts 30 suites ranging in size from approximately 300 to 1,952 square feet, providing flexibility for various business needs. The building features a striking circular design centered around a sky-lit atrium, offering abundant natural light to interior-facing suites. Currently, 2,882 square feet of space is available for lease. Common area improvements are underway, including HVAC upgrades, new flooring, paint, lighting, and ADA compliance enhancements. The building's central location, between Main and Front Streets, places it adjacent to the Florence Building and across from the Merc, offering excellent visibility and accessibility. While on-site parking is not available, leasing options include both full-service and NNN lease structures. The building is zoned CBD-4. The property's unique character, combined with modern amenities and a prime downtown location, makes it an ideal space for innovative and established businesses alike. Matterport virtual tours are available for the second and third floors to view available suites. Further information regarding downtown leasing parking can be found at the provided city link. The APN is 04-2200-22-2-19-04-0000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6 · Missoula, MTMissoula. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.