Retail building 100% NNN leased. The building is 8,400 square feet. Great tenant mix and location. There are 5 tenants total in the building. Over $125,000 of improvements performed on the Building and Parking lot last year. A brand new roof was installed in 2024, Commercial grade garage door, Awning replacements, BTU heater added, Parking lot paved and striped, Parking lot security LED lights added and more.
This property has a high daily traffic count, resides on US Highway 12, located on Missoula's famous Hip Strip, is just blocks away from the University of Montana campus, and blocks away from Downtown Missoula.
Additional 8,000+ square feet of unfinished mezzanine attic space with usable ceiling height.
January 2025 Cap Rate is just above a 6% cap rate.
Buyer is responsible to verify all listing information.
Property owner Brent Russum a licensed real estate professional.
Please be respectful to existing tenants. Perspective buyers to schedule tours through this listing.
Building Addresses include 819 S Higgins Ave, 821 S Higgins Ave, 101 Brooks St, 103 Brooks St & 115 Brooks St.