Medical Office Suite with
For Sale
$775,000
1250 Burns Way 1, Kalispell, MT 59901
Nine private offices, patient and client areas, and dedicated parking serve medical and professional operations.
Property Size2,294 SF
Price / SF$337.84
Days on Market158
Property Features for 1250 Burns Way 1
General Information
Standard status
Active
Size
2,294 SF
Elevators
Yes
Property subtype
Building
Zoning
H-1
Space & Availability
Floor
Lower Level
Condition
Move-in Ready
Additional Details
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$8,646
Amenities
dedicated parking
Building Details
Building Size
2,294 SF
Year Built
1979
Buildings
1
Tenancy
Multi
Listing Agency:
PureWest Real Estate Lakeside
Listed By:
Kevin Winkel · License #RRE-RBS-LIC-127975
(406) 890-4157
Source:
Intuitivemt
Added: May 27
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 Lakeside
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Investment Insights
Based on property information with market context.
This 2,294-square-foot medical office suite is one of four condominium units in the building, which was constructed in 1979. Its layout includes a waiting area, reception and records space, nine private offices, three bathrooms, and two large storage rooms. Most offices have windows, and several have sinks. The suite is on the lower level, with elevator access, and includes dedicated parking.
The property is at 1250 Burns Way in Kalispell and is zoned H-1 Health Care. Identified permitted uses include medical and professional offices, laboratories, research and testing facilities, day care, safe houses, and pre-schools.
The property is at 1250 Burns Way in Kalispell and is zoned H-1 Health Care. Identified permitted uses include medical and professional offices, laboratories, research and testing facilities, day care, safe houses, and pre-schools.
Key Highlights
- 2,294‑square‑foot medical office suite
- Nine private offices; most have windows, and several include sinks
- Waiting area, reception and records space, three bathrooms, and two large storage rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,875
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,500
$577.5K
Cap Rate 7%
$412,500
$412.5K
Cap Rate 9%
$320,833
$320.8K
Market Conditions
NOI Build-Up for 2,294 SF
Gross rent
$50.9K $22.20/SF
− Vacancy
−$2.8K −$1.22/SF
EGI
$48.1K $20.98/SF
− OpEx
−$19.3K −$8.39/SF
NOI
$28.9K $12.59/SF
Area
Flathead County, MT
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,500
Cap Rate 7%
$412,500
Cap Rate 9%
$320,833
Alternative Uses
Best Use
Healthcare Medical
$412.5K
$360.9K – $481.3K
NOI $28,875 @ 7.0% cap · market cap 3.73%
Second Best
Office B
$388.6K
$340.0K – $453.4K
NOI $27,201 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$512.2K
$448.2K – $597.5K
NOI $35,852 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,217
Businesses Nearby
Under-served
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Nine private offices, patient and client areas, and dedicated parking serve medical and professional operations.
Where is this medical office space located?
The property is located at 1250 Burns Way 1 Kalispell, MT.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2,294‑square‑foot medical office suite; Nine private offices; most have windows, and several include sinks; Waiting area, reception and records space, three bathrooms, and two large storage rooms
