200 Higgins AveMissoula, MT 59802

Property Details for 200 Higgins Ave

Year built

1886

Construction

WOOD

Lot size

0.27 AC

Property size (Sq ft)

34,384 SF

Zone code

6

Property type

Office buildings

APN

04-2200-22-2-24-01-0000

APU

4220022224010000

Description

This exceptional single-tenant office space, located at 200 N Higgins Avenue in the heart of downtown Missoula, presents a unique opportunity. The property is a distinguished historic bank building, offering unparalleled prestige and visibility. Its timeless architecture and elegant interiors create a lasting impression. The building features two large vaults and multiple spacious offices, providing ample room for a variety of business needs. The location is incredibly convenient, situated amidst the vibrant energy of downtown Missoula, with easy access to shops, restaurants, and cultural attractions. The iconic rounded steps at the corner of Higgins and Main streets add to the property's distinctive character and high visibility. This single-suite building (APN: 04220022224010000) offers a truly remarkable opportunity to establish a business presence in one of Missoula's most desirable locations. The property's rich history and prime downtown location combine to create an unparalleled business environment. This is a traditional office space ideal for a business seeking a prestigious and highly visible location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,149,076

  6.5%

  $5,676,070

  7%

  $5,270,637

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,331,012

  Geo Method

  $7,331,012

• Alternative Use

  Use

  Valuation

  Residential

  $7,038,328

  Hospitality

  $6,447,070

  Educational

  $5,363,886

  Medical

  $5,548,359

  Retail

  $8,343,824

Location Insight

City

Missoula

County

Missoula

State

Montana

Latitude

46.8713

Longitude

-113.994

CBSA code

33540

CBSA name

MISSOULA, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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