USAMTMissoulaGibson Shopping Center704 Sw Higgins Ave
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$3,695,000

For Sale

A month ago

704 Sw Higgins Ave, Missoula, MT

MLS® 30065679

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $47,691
Days Active 30
Approx. Age 1973
MLS® Number 30065679

Property Address: 704 Sw Higgins Ave, Missoula, MT, 59803-1429

Average square foot calculated using Size range provided by listing agent.

Description

Building & Land For Sale - Business is not included in sale. Tenant will vacate property prior to closing. 7.8% Cap Rate with current lease at $12psf NNN Located in vibrant Midtown Missoula, this 24, 000 square foot steel building represents a rare opportunity to acquire a well-established commercial asset in a highly sought-after corridor. The property is occupied by a grocery store under a triple net lease, offering consistent income backed by a longstanding neighborhood business. The building features 1.69 acres with substantial on-site parking, brand new roof, a west-facing pit loading dock, and full alley access for convenient service and deliveries. Having operated successfully as a grocery store for decades, the site enjoys deep community roots and steady foot traffic. Flexible zoning allows for a broad mix of future uses, including residential and commercial development up to 125 feet in height. Its proximity to the South Hills neighborhood, area schools, and the University of Montana enhances both current performance and future redevelopment appeal.
MLS® Number30065679
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1973
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$3,695,000List Price
  • Commute

Commute

Starting Address
Destination Address
704 Sw Higgins Ave, Missoula, MT

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