221 & 223 N Higgins Avenue, Missoula, MT 59802
$3,498,500
Bathrooms:
Sq. Ft.: N/A
Type: Commercial
Listing #30057098
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A Trophy Asset that's been improved to very high standards A Great Investment Opportunity - $231,000 in Net Operating Income (NOI) - a 6.6% Cap Rate A $700,000 assumable mortgage at a 1.36% interest rate There's 5,200 SF on the main floor leased to Pangea Restaurant There's 5,200 SF on the lower level leased to Stave & Hoop Restaurant The 221 building has an office suite of 2600 SF on the 2nd floor
Property Features
Latitude: 46.87185447
Longitude: -113.99467945
Directions: On N Higgins Between Main and Brosadway in the Heart of downtown Missoula.
Floors: Concrete
Basement Description: Finished
Has Basement: Yes
Foundation: Other
Lot Features: Level
Topography: Level
Lot Size in Acres: 0.119
Lot Size in Sq. Ft.: 5,183
Zoning: CBD-4
Building Total Area (Sq. Ft.): 13,000
Property Type: COM
Property SubType: Building
Year Built: 1887
Status: Active
Tax Year: 2025
Tax Amount: $30,892
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Seller's Representative: John Drew, Coldwell Banker Commercial Drew Ward Warne Advisory Group
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.
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 December 4, 2025, 10:30 PM MT
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