819 S Higgins Ave

For Sale

819 S Higgins Ave, Missoula, MT 59801

This Missoula property for sale is located at 819 S Higgins Ave. The general use of 819 S Higgins Ave is retail and it incorporates 8,400 square feet of class C retail space. The current listed sale price for 819 S Higgins Ave is $2,199,000. 819 S Higgins Ave is situated on a lot that is 0.19 acre in size.

Contacts

broker
Jessie Eagen

Eagen Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,400 SF
  • Units 1
  • Lot Size 0.19 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1905
  • Date Updated Feb 20, 2025
The Hip Strip: Missoula’s Vibrant Commercial & Cultural Hub Nestled just south of downtown Missoula along Higgins Avenue, *The Hip Strip* is a thriving commercial and cultural district known for its eclectic mix of local businesses, historic character, and strong community appeal. This dynamic corridor is home to independent retailers, artisanal coffee shops, craft breweries, restaurants, and entertainment venues, creating a walkable, high-energy environment that attracts both residents and visitors. With its proximity to downtown, the Clark Fork River, and the University of Montana, The Hip Strip enjoys consistent foot traffic and a built-in customer base. The area’s blend of historic architecture and modern reinvestment makes it a unique opportunity for property investors seeking strong visibility, steady tenant demand, and long-term appreciation potential. Missoula’s continued growth and commitment to supporting small businesses enhance The Hip Strip’s value as a commercial destination. Whether for retail, dining, or mixed-use development, this district offers a rare combination of character, community, and investment upside in one of Montana’s most dynamic cities.Prime Retail Investment Opportunity on Missoula’s Hip Strip This 8,400-square-foot retail building is 100% NNN leased, featuring an exceptional tenant mix and a highly desirable location on South Higgins Ave/US Highway 12. Boasting a daily traffic count of 19,500, this property is just blocks from the University of Montana campus, Downtown Missoula and residential properties, making it a prime location for consistent visibility and foot traffic. Recent capital improvements enhance the property’s value, including: • Brand-new roof • Commercial-grade garage door • Awning replacements • BTU heater installation • Paved and striped parking lot with security-grade LED lighting. Additionally, the building includes over 8,000 square feet of unfinished mezzanine attic space with usable ceiling height, providing significant potential for expansion or storage. With a projected cap rate just above 6% by January 2025, this property offers a solid investment opportunity in a thriving commercial corridor.
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Getting around

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Location

  • City Missoula, MT
  • Zip Code 59801

Points of Interest

  • Holiday

    0.16 miles

  • Sinclair

    0.69 miles

  • Conoco

    0.74 miles

  • MRL Fuel Racks

    0.85 miles

  • Cenex

    0.88 miles

  • Missoula Fresh Market Fuel

    0.98 miles

  • Tesla Supercharger

    3.87 miles

  • Parking Lot L

    0.44 miles

  • Parking Lot S

    0.46 miles

  • Parking Lot J-1

    0.48 miles

  • Parking Lot J

    0.49 miles

  • Parking Lot M-1

    0.54 miles

  • Parking Lot P

    0.57 miles

  • Central Park Structure

    0.58 miles

  • Parking Lot H

    0.64 miles

  • City Center Motel Parking

    0.66 miles

  • Parking Lot M

    0.66 miles

  • Veera Donuts

    0.13 miles

  • Kornutopia

    0.13 miles

  • Green Source

    0.13 miles

  • Taco Sano

    0.15 miles

  • Bridge Pizza

    0.16 miles

  • Ciao Mombo

    0.18 miles

  • GILD

    0.21 miles

  • Florabella

    0.36 miles

  • El DIablo

    0.42 miles

  • Mackenzie River Pizza

    0.48 miles

  • Missoula Valley Winter Market

    0.09 miles

  • Orange Street Food Farm

    0.30 miles

  • Grizzly Grocery

    0.44 miles

  • Missoula Farmer's Market

    0.83 miles

  • Albertsons

    0.84 miles

  • Yoke's Fresh Markets

    0.93 miles

  • Good Food Store

    1.10 miles

  • Dillard's

    1.78 miles

  • Southgate Mall

    1.87 miles

  • Pattee Creek Market

    1.94 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jessie Eagen

Eagen Real Estate

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