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  1. Commercial Properties
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  3. Missoula
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For Sale

221 & 223 N Higgins Ave

221 & 223 North Higgins Avenue, Missoula, MT 59802

221 and 223 Higgins Ave 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 (10,400 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 long term NNN lease at $231,000 annually, ensuring stable cash flow with minimal landlord responsibilities. With an 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

Key features

  • 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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Tyler Warne

Drew Ward Warne

Building Details

  • For Sale $3,398,500
  • 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 Apr 27, 2026

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window

Getting Around

  • Walk Score ®

    Walker's Paradise (94)
  • Transit Score ®

    Good Transit (55)
  • Bike Score ®

    Biker's Paradise (100)
Powered by Walk Score ®

Location

  • City Missoula, MT
  • Zip Code 59802
  • Map
  • Street

Points of Interest

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

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

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

221 & 223 North Higgins Avenue Listing Summary

  • What is the asking price at 221 & 223 N Higgins Ave?

    221 & 223 N Higgins Ave is currently listed for sale at Contact for pricing.

  • What is the total size of 221 & 223 N Higgins Ave?

    221 & 223 N Higgins Ave has a total of 12,969 square feet.

  • What is the year built for 221 & 223 N Higgins Ave?

    The year built for 221 & 223 N Higgins Ave is 1895.

Contact Listing Broker
broker
Tyler Warne

Drew Ward Warne

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