Map of Property

Pangea - N Higgins

For Sale

223 North Higgins Avenue, Missoula, MT 59802

This Missoula property for sale is located at 223 North Higgins Avenue. The current listed sale price for Pangea - N Higgins is $3,550,000. Pangea - N Higgins is situated on a lot that is 0.12 acre in size.

Contacts

broker
Tyler Warne

Drew Warne Advisory Group

Property Details

  • Property Type Retail - Restaurant
  • Property Size 12,969 SF
  • Lot Size 0.12 Acre
  • Property Tenancy Single Tenant
  • Year Built 1895
  • Year Renovated 2020
  • Date Updated Aug 30, 2025
221 and 223 Higgins is located in the center of downtown. It is between two highly traffic areas and sees a lot of foot traffic. It is in one of the higher density and demand locations in downtown. There are good linkages with other dining and evening and event uses nearby. There is both street parking in front and and a parking garage is just to the rear. It is between two interstate off-ramps which makes the location easy for groups from out of town and for special events. The location has a lot to offer just in the overall utility.Downtown Missoula Trophy Asset This fully leased, three-level property in the heart of downtown Missoula offers a rare opportunity to own a recently renovated mixed-use building backed by a strong tenant. Main Floor & Lower Level (5,200 SF total): Occupied by Pangea Restaurant, the group’s flagship sit-down concept paired with the Stave & Hoop speakeasy. Both spaces were recently renovated to a high standard, creating one of Missoula’s premier dining destinations. Second Floor (2,600 SF): Currently built out as modern office space, providing additional revenue and flexibility. The tenant is willing to vacate if desired, giving an owner the option to re-lease or occupy. The property will be secured with a new 5-year NNN lease at $231,000 annually, ensuring stable cash flow with minimal landlord responsibilities. With assumable low-interest debt available, strong operating history from the Pangea Restaurant Group, and an irreplaceable Higgins Avenue location, this asset combines immediate income with long-term upside in one of Montana’s most dynamic markets
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Highlights

  • Building is 3 levels.
  • Fully leased trophy asset in downtown Missoula.
  • Great history, heart of downtown.
  • Incredibly low interest assumable debt.
  • Main level is Pangea flagship sit-down restaurant.
  • The lower level is a speakeasy.
  • Upper level is office, (seller/tenant is willing to vacate if desired).
  • Whole building is being leased back by the seller, Pangea restaurant group.

Getting around

  • 94/100

    Walk Score ®

  • 55/100

    Transit Score ®

  • 100/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Missoula, MT
  • Zip Code 59802

Points of Interest

  • MRL Fuel Racks

    0.30 miles

  • Sinclair

    0.37 miles

  • Holiday

    0.46 miles

  • Ole's Country Store

    0.51 miles

  • Conoco

    0.52 miles

  • Missoula Fresh Market Fuel

    0.65 miles

  • Cenex

    0.70 miles

  • Tesla Supercharger

    3.42 miles

  • Central Park Structure

    0.04 miles

  • Museum Parking

    0.10 miles

  • East Pine Lot

    0.12 miles

  • Woody Lot

    0.16 miles

  • Iron Horse Parking

    0.18 miles

  • US Bank Parking

    0.19 miles

  • Missoula County Employee Parking

    0.24 miles

  • City Center Motel Parking

    0.24 miles

  • Northern Pacific Building Parking

    0.27 miles

  • Montana Antique Mall Parking

    0.33 miles

  • Five on Black

    0.07 miles

  • Masala

    0.08 miles

  • Plonk

    0.08 miles

  • The Empanada Joint

    0.09 miles

  • Basal

    0.10 miles

  • Sushi Hana

    0.11 miles

  • Top Hat

    0.11 miles

  • Thomas Meagher Bar

    0.12 miles

  • 1889 Steakhouse

    0.12 miles

  • Jimmy John's

    0.13 miles

  • Missoula Farmer's Market

    0.23 miles

  • Missoula Valley Winter Market

    0.52 miles

  • Yoke's Fresh Markets

    0.56 miles

  • Orange Street Food Farm

    0.70 miles

  • Albertsons

    0.70 miles

  • Grizzly Grocery

    1.04 miles

  • Good Food Store

    1.25 miles

  • Natural Grocers

    2.18 miles

  • Target

    2.27 miles

  • Dillard's

    2.30 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tyler Warne

Drew Warne Advisory Group

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