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    FOR SALE
    Retail space

    317 Central Ave, Whitefish, MT 59937

    14,210 SF 0.15 ac lot Built 2020
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US52-0174448
    Property summary
    AI-generated overview

    This exceptional 17,724 square foot mixed-use building, constructed in 2020 by Compass Construction, represents a unique investment opportunity in the heart of Whitefish, Montana. Situated on a 0.15-acre lot on the desirable 300 block of Central Avenue, this property benefits from its prime location within a thriving, newly developed area of the downtown core. The building's versatile design includes two ground-floor commercial retail spaces, ideal for a variety of businesses seeking high visibility and foot traffic. Upstairs, four well-appointed office spaces offer flexible layouts suitable for professional services or corporate tenants. Adding to the property's income potential are four residential rental units on the third floor, designed for nightly or weekly rentals, catering to the robust tourism market in Whitefish. This property offers a compelling blend of commercial and residential income streams, making it an attractive investment for those seeking a diversified portfolio. The building's modern construction and prime location ensure strong potential for long-term appreciation and consistent cash flow. This is a rare opportunity to acquire a substantial, high-performing asset in one of Montana's most desirable resort towns. The property's size and diverse income streams make it a truly exceptional investment prospect. The asking price is $12,000,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2020
    Construction WOOD
    Total area 14,210 SF
    Lot 0.15 ac (6,490 SF)
    APN 07-4292-36-1-51-05-0000
    UPID US52-0174448
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Trovare - A Culinary Adventure (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
    • Montana Work Comp Solutions Law Firm
    • Antonella LoPresti Take-out & Catering Catering Service
    • FORLOH (Bike/Boat/Book/etc) Store
    • Sammy Bakes Bakery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Central Avenue Holdings LLC · 7 yrs held
    Central Avenue Holdings LLC
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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