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221 & 223 N Higgins Avenue Missoula, MT $ 3,498,500
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$ 3,498,500 Get more info
221 & 223 N Higgins Avenue
$ 3,498,500
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Share Save

221 & 223 N Higgins Avenue

Missoula, MT, 59802
$ 3,498,500
Bedrooms-- Baths-- Sq 13,000

Monthly Estimate*

$ 21,826

221 & 223 N Higgins Avenue, Missoula, MT 59802 - Image 1
221 & 223 N Higgins Avenue, Missoula, MT 59802 - Image 2
221 & 223 N Higgins Avenue, Missoula, MT 59802 - Image 3
221 & 223 N Higgins Avenue, Missoula, MT 59802 - Image 4
221 & 223 N Higgins Avenue, Missoula, MT 59802 - Image 5
221 & 223 N Higgins Avenue, Missoula, MT 59802 - Image 6

Commercial Property for sale in Missoula, MT

for $3,498,500. This 13,000 square foot building was built in 1887 on a lot size of 0.119.

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

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Commercial Active

Price

$ 3,498,500

Property Type

Commercial

Taxes

$ 30,892

Style

Lot Size

0.119

Year Built

1887

Town/City

Missoula

County/Region

Missoula

MLS | Web ID

30057098
Features
General
Possession Close Of Escrow
Zoning Commercial
Year Built 1887
Topography Level
Property Subtype Building
Tax Year 2025
Building Name 221 & 223 N Higgins Ave
County Missoula
Property Type Commercial Sale
Garage Y/N false
Status Active
Directions On N Higgins Between Main and Brosadway in the Heart of downtown Missoula.
City Missoula
Zoning Description CBD-4
Lot Size Units Acres
Lot Size Square Feet 5183.64
Carport Y/N false
Tax Annual Amount 30892
Building Area Units Square Feet
Standard Status Active
Year Built Source Other
Tax Assessed Value 1735500
Expected Active Date 2025-09-08
Legal Description CP HIGGINS S22 T13 W BLOCK 21 LOT 1-4 N40' S70' E10' OF 5
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Interior
Basement Finished
Flooring Concrete
Basement (Y/N) true
Fireplace Y/N false
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Exterior
Lot Features Level
Lot Size Area 0.119
Foundation Details Other
Building Area Total 13000
Lot Size Acres 0.119
Frontage Type Other
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
John Drew

Listing Agent

Coldwell Banker Commercial Drew Ward Warne Advisory Group

Broker

johndrew@cbcmt.com

Email

Affordability Calculator

$24,400
Per Month
89%
11%
0%
Monthly Principal & Interest
$21,826
Monthly Property Taxes
$2,574
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/30/2025$3,498,500 -1.45% Price Down
9/8/2025$3,550,000 Listed Price

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221 & 223 N Higgins Avenue, Missoula, MT, 59802 is a Commercial Property for sale at $3,498,500 with 13,000 sqft and a lot size of 0.119. 221 & 223 N Higgins Avenue was built in 1887. The property's zip code is 59802 which is in Missoula, MT

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