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24675805
24675832

424 N Higgins Ave, Missoula, MT 59802

MM
MT MT RRE-RBS-BRO-52907
Sterling CRE Advisors
Listed by Sterling CRE Advisors
$2,400,000
363 days on market
Updated 15 days ago

Income Producing Mixed-Use Building in Downtown Missoula

Details
Property Type Retail, Office (+1)
Sub Type Restaurant, Traditional Office (+1)
Square Footage 11,800
Class B
Year Built 1900
Stories 3
Zoning D-C

Retail | 11,800 SqFt

Marketing description

Don’t miss the opportunity to purchase 424 North Higgins Avenue in the heart of downtown Missoula. This historic property has long been part of the fabric of the community and has previously housed a variety of uses, including restaurant, hotel, office, and residential space.

The building features beautiful architectural details that have been thoughtfully preserved, contributing to its character and appeal. It is currently partially occupied by two tenants, an office user on the third floor and a restaurant tenant on the ground floor, with base rents generating approximately $8,100 per month in income.

The second floor is presently vacant and offers exceptional versatility. The space could function well as office or event space, or potentially be converted back to residential use or a short-term rental, offering flexibility for an owner-user or investor.

Located on a busy and highly desirable block of North Higgins Avenue, the property is surrounded by popular destinations, including Worden’s Market just across the street. All downtown amenities are within a convenient five-minute walk, making this an ideal location for a wide range of residential or commercial uses. Ample on-street public parking is available nearby.

Investment highlights

  • Located in the heart of downtown Missoula with shops, restaurants and key business centers within an easy five-minute walk.

  • Exposed brick walls, hardwood floors, and natural timber beams give the space a warm, authentic feel. Wrought iron juliette balconies add subtle architectural detail.

  • Permissive Missoula D-C zoning allows for a wide range of retail and office uses.

  • Easy walk to multiple public parking lots and decks, as well as nearby on-street parking spaces.

  • A mix of long and short term leases currently generating income for the spaces.

Listing Contacts

MM
MT MT RRE-RBS-BRO-52907
Sterling CRE Advisors
Listed by Sterling CRE Advisors

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Zoning

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D-C CommercialSpecial CommercialDowntown Core
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View all 108 uses
View all 108 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Matt Mellott, CCIM, SIOR
License
MT RRE-RBS-BRO-52907
Brokerage
Sterling Commercial Real Estate
Brokerage Phone
406-203-3950
Title
Real Estate Broker
Brokerage Address
2829 Great Northern Loop
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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