Property History
Property Type
Property Type
Property Subtype
Marketing Description
Trophy Asset For Sale in the heart of downtown Missoula - 6.8% - Cap Rate with $231,000 in Net Operating Income along with annual increases that’s supported by a long term NNN lease with the Pangea Restaurant Group.
The 223 Building was completely renovated with high-end finishes in 2019.
The main level is occupied by Pangea - 5,200 SF
The lower level is occupied by Stave & Hoop - 5,200 SF
the 2nd floor of the 221 Building is an executive office suite - 2,600 SF
Investment Highlights
6.8% - Cap Rate
$231,000 - Net Operating Income (NOI)
Long Term NNN Lease with the Pangea Restaurant Group
Assumable low interest rate (1.36%) loan on a portion of the debt
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Zoning
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
Property Details
There are no additional details for this property
Contacts
Listing removed on
BY:
John Drew PRO
•••.•••.4055
••••drew@•••••.com
Listing removed on
BY:
Tyler Warne, CCIM PRO
•••.•••.9936
•yler@•••••.com
Map
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