217 N Higgins Avenue, Missoula, MT 59802

$1,885,000

Bathrooms:
Sq. Ft.: 7,860
Type: Commercial
Request Information
PRIME DOWNTOWN MISSOULA COMMERCIAL INVESTMENT OPPORTUNITY! Own a piece of Missoula history in the heart of vibrant downtown! Located at 217 N Higgins Avenue, this iconic commercial property offers approximately 7860 square feet of space plus attic & unfinished basement, in one of Missoula's most desirable and recognizable business districts. Originally constructed in 1887 & remodeled in 2021, this historic building combines timeless architectural character with exceptional potential for investors, business owners, and entrepreneurs seeking a prominent downtown presence. The property features established ground-floor commercial space with an existing tenant subject to the tenants leasehold rights & applicable lease terms. There's an upper-level office space with a full kitchen and 3 bathrooms offering exciting possibilities for future occupancy, repositioning, or additional income generation. The existing ground-floor rental rate is significantly below the estimated market rate. This creates an opportunity for future rental growth upon lease expiration, subject to lease provisions and prevailing market conditions. Buyer to verify square footage, lease terms, rental projections, expenses, and permitted uses. Whether you're looking to expand your investment portfolio, establish a downtown business presence, or unlock the potential of this historic landmark, contact the listing advisors for additional property details. (Please respect ongoing business operations. Ground floor business is NOT included in the sale. Real Estate only ,and the retail space is currently tenant-occupied and subject to the terms and conditions of the existing lease. Retail space not included in pictures or on floor plan)
Property Features
Location Information
County: Missoula
Latitude: 46.871828
Longitude: -113.994703
Directions: Located on North Higgins Avenue in downtown Missoula
Interior Features
Interior: Elevator, Vaulted Ceiling(s)
Heating: Forced Air
Floors: Carpet, Combination, Vinyl
Basement Description: Unfinished
Has Basement: Yes
Tenant Pays: All Utilities
Features: Elevator(s), Private Restrooms
Exterior Features
Construction: Brick, Wood Frame
Foundation: Poured, Basement
Water Source: Public
Septic or Sewer: Public Sewer
Utilities: Electricity Connected
Security Features: Fire Escape
Parking Description: Additional Parking, Alley Access
Lot Features: Level
Topography: Level
Lot Size in Acres: 0.093
Lot Size in Sq. Ft.: 4,050
Zoning: 6
Building Total Area (Sq. Ft.): 7,860
Road Description: Alley, City Street
View Description: Downtown
Additional Information
Property Type: COM
Property SubType: Building
Year Built: 1887
Status: Active
Tax Year: 2025
Tax Amount: $16,929.24
Community Features: Curbs, Street Lights, Sidewalks


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Seller's Representative: Vanessa Francis, TheAgency Missoula

Logo
Copyright 2020 Montana Regional MLS. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the Montana Regional MLS.
Montana Regional data last updated at October 26, 2026, 11:50 AM MT