$1,450,000 + NNN Lease

Located at 223 N Higgins Avenue, the property sits in the heart of Downtown Missoula—widely recognized as the city’s primary commercial, cultural, and nightlife corridor. Higgins Avenue serves as the central spine of downtown, connecting the Clark Fork Riverfront, the Hip Strip, and the University of Montana, and benefits from consistent pedestrian activity throughout the day and evening. The surrounding area is characterized by a dense mix of restaurants, bars, retail shops, offices, and residential units, creating a built-in customer base and sustained foot traffic year-round. Downtown Missoula functions as the region’s economic and social hub, drawing both local residents and visitors from across Western Montana. The property is within walking distance of the University of Montana, a major driver of population and activity, as well as key downtown anchors including Caras Park, the Wilma Theater, and the city’s primary event and festival spaces. Seasonal tourism, university events, and a strong local culture of dining and entertainment all contribute to consistent demand for hospitality venues in this location. The Higgins Avenue corridor is particularly well-suited for restaurant and bar operations, offering high visibility, strong street presence, and a concentration of complementary businesses that reinforce destination traffic. This clustering effect supports extended customer dwell time and repeat visitation, which are critical drivers of revenue for food and beverage operators. Additionally, the area’s walkability and accessibility make it a preferred destination for both planned outings and spontaneous visits. As one of the most tightly held and supply-constrained commercial corridors in Missoula, opportunities to secure a large, fully built-out hospitality space in this location are extremely limited. The combination of scale, visibility, and proximity to key demand generators positions this property as a premier location for operators seeking to establish or expand a presence in one of Montana’s most dynamic and resilient downtown markets.