221 & 223 N Higgins AVE, Missoula, MT 59802
221 & 223 N Higgins AVE, Missoula, MT 59802
221 & 223 N Higgins AVE, Missoula, MT 59802
221 & 223 N Higgins AVE, Missoula, MT 59802
221 & 223 N Higgins AVE, Missoula, MT 59802
221 & 223 N Higgins AVE, Missoula, MT 59802
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$ 3,398,500
Est. payment | /mo

13,000 SqFt


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$ 3,398,500
Est. payment | /mo
Save

13,000 SqFt

Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 13,000 sqft

Price per Sqft $261

MLS Listing ID 30057098

HOA Y/N No

Year Built 1887

Annual Tax Amount $30,892

Tax Year 2025

Lot Size 5,183 Sqft

Acres 0.119

Property Sub-Type Building

Property Description

A Trophy Asset that's been improved to very high standards
A Great Investment Opportunity - $231,000 in Net Operating Income (NOI) - a 6.8% 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

Location

State MT

County Missoula

Zoning Commercial

Rooms

Basement Finished

Interior

Interior Features InteriorFeatures

Flooring Concrete

Fireplace No

Exterior

Topography Level

Garage No

Building

Lot Description Level

Foundation Other

Others

Tax ID 04220022223080000

Acceptable Financing Assumable, Cash

Listing Terms Assumable, Cash

Special Listing Condition Standard

Listed by Coldwell Banker Commercial Drew Ward Warne Advisory Group

Nearby Locations

Amber Conger

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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221 & 223 N Higgins AVE