Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1282 Us Highway 2 Kalispell, MT 59901

    Sponsored
    For Sale
    $1,500,000

    SINGLE_FAMILY - Kalispell, MT

    Type:Retail
    Property size:
    3,220 SF
    Lot size:
    0.56 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 20 at 8:06 pm

    Property Features for 1282 Us Highway 2

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Business
    APN
    07396604308240000
    Parking
    22
    Size
    3,220 SF
    Lot size
    0.56 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Ductless (Heating), Forced Air, Natural Gas
    Cooling system
    Central Air, Ductless, Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1977
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Block, WoodFrame

    We can help!

    Listing Contact
    David Stone

    PureWest Real Estate (406) 751-5605 [email protected]

    Listing agent David G Stone (406) 250-7249 License #RRE-BRO-LIC-12188

    Listing date Jan 15, 2026

    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.

    Learn more

    Property Insight Report

    Overview

    Mixed-Use Property with Retail Potential

    This mixed-use property, zoned for business, offers strong income potential and high visibility. It is suitable for an investor or owner-occupant. The ground floor comprises 3220 square feet of recently remodeled space, designed for food service or retail use. Located just off Highway 2 E, the property benefits from high traffic counts, providing significant exposure. It includes dedicated front parking and an ample parking lot for both residential and commercial uses. The upper floor contains five fully occupied apartments, consisting of four one-bedroom units and one three-bedroom unit, all of which have been remodeled within the past several years. The building has been well-maintained, featuring a new roof on the main structure and residential carport. Nearly all critical items identified in a recent inspection have been addressed by the current and previous owners. This property is suitable as a high-visibility food service location, a turnkey income-producing asset, or offers the flexibility to occupy the commercial space while rental income contributes to mortgage offset.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.2824786
    Latitude
    48.21176148

    Nearby Similar for Sale

    • $3,129,000
      0.16 Acres

      Restored Retail & Office Building

      Fully leased retail and office building in downtown Kalispell.
      141 S Main St, Kalispell, MT 59901
      View Details
    • $1,000,000
      2.00 Acres

      Two Homes on Two Acres

      Two homes on two acres near Kalispell, Montana.
      2785 Foothill Rd, Kalispell, MT 59901
      View Details
    • $2,495,000
      50.00 Acres

      50 Acres with Greenhouses and Yurt

      Versatile land with agricultural and recreational potential near Flathead Lake.
      3943 Lower Valley Rd, Kalispell, MT 59901
      View Details
    • $5,400,000
      123.58 Acres

      FAA Approved Turf Airstrip

      120-acre FAA-approved airstrip near Flathead Lake and Glacier Park.
      465 Farm Rd, Kalispell, MT 59901
      View Details
    • $1,999,999
      5.49 Acres

      Updated Home with Income Potential

      Updated Kalispell home with guest apartment, shops, and views.
      618 Leonard Ln, Kalispell, MT 59901
      View Details
    • $3,900,000
      83.02 Acres

      Kalispell Airport Land For Sale

      83-acre FAA certified private airport near Flathead Lake, Montana.
      465 Farm Rd, Kalispell, MT 59901
      View Details
    • $1,750,000
      0.16 Acres

      Kalispell Multifamily Investment Opportunity

      Fully occupied 6-unit apartment building in downtown Kalispell.
      119 5Th Ave W, Kalispell, MT 59901
      View Details
    • $799,000
      0.29 Acres

      Kalispell Four-Unit Multifamily Property

      Well-maintained four-unit property in a convenient Kalispell location.
      143 Indian Trail Rd, Kalispell, MT 59901
      View Details
    • $585,000
      0.16 Acres

      Restored Historic Gem, Live-Work Space

      Restored 1892 building with modern amenities, ideal for live-work.
      226 3Rd Ave E, Kalispell, MT 59901
      View Details
    • $767,315
      3,841 SF

      Commercial Building in Kalispell, Montana

      Versatile commercial building on a corner lot in Kalispell.
      647 6Th Ave E, Kalispell, MT 59901
      View Details
    • $767,315
      3,841 SF

      Kalispell Commercial Building on Corner Lot

      Well-maintained commercial building in mixed-use neighborhood with versatile potential.
      647 6Th Ave E, Kalispell, MT 59901
      View Details
    • $2,450,000
      1.06 Acres

      Kalispell Multifamily Investment Opportunity

      Well-maintained, fully rented 20-unit multifamily property in Kalispell, Montana.
      103 Spg Crk Dr, Kalispell, MT 59901
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-visibility mixed-use property with retail and residential income.
    Where is this mixed-use property located?
    The property is located at 1282 Us Highway 2 Kalispell, MT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - strong income potential with 5 fully occupied, recently remodeled apartments.; - high-visibility location with outstanding exposure and high traffic counts just off hwy 2 e.; - newly remodeled 3220 sq ft ground floor space suitable for food service/retail.
    (406) 250-7249
    Request Owner's contact information
    1282 Us Highway 2 Kalispell, MT 59901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1282 Us Highway 2
    Kalispell, MT 59901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1282 Us Highway 2 Kalispell, MT 59901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Stone
    Real Estate License ID: RRE-BRO-LIC-12188
    (406) 250-7249
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.