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    Remodeled Restaurant Kitchen Suite Title is generated by Realmo AI

    1282 US Highway 2, Kalispell, MT 59901

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    For Lease
    $16 SF/Yr $4,464/Mo (calc)

    COMMERCIAL - Kalispell, MT

    Property size:
    3,348 SF
    Added:
    Jun 3, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for 1282 US Highway 2

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Business
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking
    15
    Standard status
    Active
    APN
    07396604308240000

    Taxes and HOA fees

    Tax Description
    S04, T28N, R21W, COS 13123-1, TR 6B IN SW4SE4SW4 (first floor only for lease)

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1977
    Flooring type
    Laminate, Tile

    We can help!

    Listing Contact
    David G Stone

    Listing agent David G Stone License #RRE-BRO-LIC-12188

    Listing office PureWest Real Estate - Kal/Commercial 1204 1st Ave E, Kalispell, MT

    Listing date Jun 3, 2026

    MLS# 30072334

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully remodeled 3,348‑square‑foot main‑level suite built in 1977, designed for food service, retail, or wholesale production
    • Two fully outfitted kitchens included, with specialized ice cream and cheese‑making equipment available for use at a negotiated cost
    • Two bathrooms and welcoming entry/retail area in the suite
    • Dedicated front parking for the business
    • Located on Highway 2 E with prominent highway signage
    • Public sewer available; flooring includes laminate and tile

    Overview

    This fully remodeled main-level suite offers a welcoming entry/retail area, two bathrooms, and dedicated front parking. The space is configured for food-focused operations, with two fully outfitted kitchens. Equipment is available for use at a negotiated cost, including specialized ice cream and cheese-making equipment, supporting menu-driven concepts and in-house production.

    Located at 1282 US Highway 2 in Kalispell, Montana, the property includes prominent signage along Highway 2. The suite is described as only about a year old throughout, with improvements noted from flooring and wall coverings through the ceiling.

    As currently presented, the layout and infrastructure can support food service, retail, or wholesale production of freshly prepared items such as baked goods and other cooked food offerings. With two bathrooms, a front parking orientation, and kitchen space sized for both day-to-day preparation and specialized production needs, this is a practical fit for operators looking for a ready-to-start environment without building from the ground up.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.2824688
    Latitude
    48.2118073

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    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey, fully remodeled suite with a dedicated front parking setup and two commercial kitchens for food service or production.
    Where is this conventional restaurant located?
    The property is located at 1282 US Highway 2 Kalispell, MT.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Fully remodeled 3,348‑square‑foot main‑level suite built in 1977, designed for food service, retail, or wholesale production; Two fully outfitted kitchens included, with specialized ice cream and cheese‑making equipment available for use at a negotiated cost; Two bathrooms and welcoming entry/retail area in the suite
    (406) 250-7249
    We can help!
    Listing Contact
    David G Stone
    Real Estate License ID: RRE-BRO-LIC-12188
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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