Flex Space with Heated
For Sale
$1,300,000
102 Cooperative Way B C F, Kalispell, MT 59901
Combined office and workshop space offers separate entrances and the option to return the offices to individual units.
Property Size4,500 SF
Price / SF$288.89
Days on Market241
Property Features for 102 Cooperative Way B C F
General Information
Standard status
Active
Size
4,500 SF
Total Parking Spaces
8
Property subtype
Building/Land
Additional Details
Condition
Move-in Ready
Road Access
Yes
Office Units
2
Taxes and HOA fees
Annual Taxes
$10,340
Building Details
Building Size
4,500 SF
Year Built
2007
Listing Agency:
PureWest Real Estate Kalispell
Listed By:
Matt David Ernst · License #RRE-RBS-LIC-70499
(406) 209-7248
Source:
Intuitivemt
Added: Mar 3
Changed: Oct 27
Last Checked: Oct 26 at 2:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PureWest Real Estate Kalispell
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Investment Insights
Based on property information with market context.
This 4,500-square-foot flex property combines office suites with a heated shop of nearly 1,000 square feet. The office area exceeds 3,500 square feet and includes 11 private offices, six oversized cubicles, a conference room, reception area, shared office space, two break areas, a server room, and two bathrooms. The shop has a large bay door, bathroom space, and a work and storage room. The two units have separate entrances and can be divided back into individual office units. The property was built in 2007 and includes eight deeded parking spaces.
The property has visibility from West Reserve Drive in Kalispell. Both the interior and exterior are described as being in immaculate condition.
The property has visibility from West Reserve Drive in Kalispell. Both the interior and exterior are described as being in immaculate condition.
Key Highlights
- 4,500‑square‑foot flex property with office space and a heated shop
- Office area exceeds 3,500 square feet and includes 11 private offices and 6 oversized cubicles
- Nearly 1,000‑square‑foot heated shop with a large bay door and work/storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,359
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,067,180
$1.1M
Cap Rate 7%
$762,271
$762.3K
Cap Rate 9%
$592,878
$592.9K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$83.7K $18.60/SF
− Vacancy
−$12.6K −$2.79/SF
EGI
$71.1K $15.81/SF
− OpEx
−$17.8K −$3.95/SF
NOI
$53.4K $11.86/SF
Area
Flathead County, MT
Vacancy
15.00%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,067,180
Cap Rate 7%
$762,271
Cap Rate 9%
$592,878
Alternative Uses
Best Use
Office B
$762.3K
$667.0K – $889.3K
NOI $53,359 @ 7.0% cap · market cap 4.10%
Second Best
Flex RnD
$589.2K
$515.5K – $687.4K
NOI $41,243 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M
NOI $70,330 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 59901, MT
57,900
Population
25,154
Households
2.3
Avg Household Size
40
Median Age
33%
College-Educated
96%
High-School Grad
468.8 sq mi
ZIP Area
124
Density / Sq Mi
$70,391
Median Household Income
$38,073
Median Earnings
$1,052
Median Rent
$417,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Combined office and workshop space offers separate entrances and the option to return the offices to individual units.
Where is this flex space located?
The property is located at 102 Cooperative Way B C F Kalispell, MT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4,500‑square‑foot flex property with office space and a heated shop; Office area exceeds 3,500 square feet and includes 11 private offices and 6 oversized cubicles; Nearly 1,000‑square‑foot heated shop with a large bay door and work/storage room
