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    237 Higgins Ave Missoula, MT 59803

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    237 Higgins Ave Missoula, MT 59803


    • Office properties & Spaces
    • 2,736 SF
    Missoula Mixed-Use Investment Opportunity For Sale
    $1,250,000

    Missoula Mixed-Use Investment Opportunity

    Two leased condos, excellent income, prime location.

    237 Higgins Ave, Missoula, MT 59803
    View Listing
    Property ID
    US52-0905825
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Smile Missoula / Dental Office
    • Dr. George M. Olsen, DDS / Dental Office
    • Althauser Andrew DDS / Dental Office
    • Edward Jones - Financial Advisor: Marin L Felz / Financial Advisor
    • Missoula Veterinary Dentistry & Oral Surgery / Veterinary Clinic

    Property Details for 237 Higgins Ave

    Year built
    2006
    Construction
    WOOD
    Property size
    2,736 SF
    Property type
    Office properties & Spaces
    APN
    04-2200-33-4-19-07-7003
    APU
    4220033419077003

    Description

    This exceptional mixed-use investment opportunity presents two leased condominiums at 237 SW Higgins Avenue A and B in Missoula, Montana, 59803. Offered at $1,250,000, this property boasts a combined square footage of 2,840 on a large lot with ample parking. Built in 2006, the building is in excellent condition and features a basement with an elevator and stairs, providing equipment and storage space. Each unit has its own hot water equipment located in the basement. Both units are currently under long-term leases with annual escalators, ensuring consistent and growing rental income. The current annual income exceeds $60,800, with tenants responsible for their share of common area charges. The seasoned tenants provide a stable and reliable income stream. This property's prime location in Missoula, Montana, combined with its strong financial performance and excellent condition, makes it an ideal investment for discerning buyers seeking a secure and profitable venture. The lot size encompasses both condominiums.


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    Location Insight

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    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -113.999
    Latitude
    46.8402
    CBSA code
    33540
    CBSA name
    MISSOULA, MT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,877
    $0.00
    $0.00
    $948,919
    -
    $392,109
    $556,810
    $948,919
    View Listing
    More about this property
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