317 Central Ave, Whitefish, MT 59937
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.