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    141 S Main Street Kalispell, MT 59901

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    For Sale
    $3,129,000

    SINGLE_FAMILY - Kalispell, MT

    Type:Retail
    Property size:
    14,000 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $223/SF
    Added:
    Jul 21, 2025
    Days on Market:
    290
    Last Refresh:
    May 6 at 2:06 am

    Property Features for 141 S Main Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    Business
    Rooms
    Basement
    Parking features
    On Street
    Window features
    Skylight(s)
    Interior features
    Elevator
    Exterior features
    Awnings
    Accessibility
    Accessible Elevator Installed
    Standard status
    Active
    APN
    07396607402130000
    Size
    14,000 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    KAL, S07, T28 N, R21 W, BLOCK 045, Lot 013, LOTS 13 & 14
    Tax Annual Amount
    36543

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Ductless (Heating), Hot Water(Heating)
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1901
    Flooring type
    Carpet, Wood, Concrete
    Building materials
    Brick, WoodSiding, WoodFrame
    Roof type
    Rubber

    We can help!

    Listing Contact
    David G Stone
    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 Jul 21, 2025

    MLS# 30054240

    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.

    Overview

    Restored Retail & Office Building

    The Ford Building, located on one of Kalispell's busiest streets in the downtown historical district, is a fully leased retail and office building. The property offers steady cash flow and a cap rate of 7+. Suites blend historic charm and modern updates, attracting a stable professional and retail tenant mix. Vacancies are rare and typically filled quickly. The building has 14,000 square feet above ground. A 7,000 square foot basement is used by tenants but not included in rent, offering potential upside to a new owner. The property is situated on a lot of 0.161 acres. Planned developments within a block include an 11,000 square foot steakhouse and a 5-story hotel. The property is located in the heart of downtown revitalization and poised for continued growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mission Mountain Minky (Bike/Boat/Book/etc) Store Astute Salon and Spa Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Kalispell Center Mall — 20 N Main St, Kalispell, MT 59901
    • Eddies Gift Shop — Kalispell, MT 59901
    • Grandpas Barn — Kalispell, MT 59901
    • Coinstar Kiosk | Bitcoin ATM — Manito Super 1 Foods, 55 1st Avenue East N, Kalispell, MT 59901
    • Depot Park Square — 146 S Main St, Kalispell, MT 59901

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.3130021
    Latitude
    48.1969824

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    FAQs

    What type of property is this?
    Shopping center - Fully leased retail and office building in downtown Kalispell.
    Where is this shopping center located?
    The property is located at 141 S Main Street Kalispell, MT.
    What is the asking price?
    The asking price for this property is $3,129,000.
    What are key features of this property?
    This property features: High Cash Flow: 7%+ cap rate provides steady income.; Fully Leased with Stable Tenants: 0.5% vacancy rate over 3 years.; Prime Downtown Location: Situated on a busy street in Kalispell's revitalizing historical district.
    (406) 250-7249
    We can help!
    Listing Contact
    David G Stone
    David G Stone
    Real Estate License ID: RRE-BRO-LIC-12188
    Learn More
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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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