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Active
221 & 223 N Higgins AVE Missoula, MT 59802
13,000 SqFt
UPDATED:
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 6.6% 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
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
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