Kalispell Condo Unit
For Sale
$2,850,000
1256 Meridian, Kalispell, MT 59901
High-quality condo leased to established orthodontic clinic with stable income.
Property Size6,022 SF
Price / SF$473.26
Days on Market79
Property Features for 1256 Meridian
General Information
Standard status
Active
Size
6,022 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$26,497
Building Details
Year Built
2021
Listing Agency:
NextHome Northwest Real Estate
(406) 249-5605
Listed By:
Jeff H Wilson · License #13639
Source:
Clearwaterproperties
Added: May 25
Changed: Aug 10
Last Checked: Aug 11 at 7:08AM
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 NextHome Northwest Real Estate
Investment Insights
Based on property information with market context.
This Kalispell condominium unit, totaling over 6,000 square feet, presents an investment opportunity. The property is currently secured by a long-term NNN lease with approximately five years remaining, featuring built-in annual rent increases and offering a stable income stream at a 5.9% cap rate. The space is leased to an established orthodontic clinic. The layout includes a reception area, multiple treatment rooms, dedicated workstations, a large break/meeting room, and extensive storage and laundry facilities in the basement. Situated on North Meridian Road with B-1 zoning, the property benefits from visibility and traffic counts exceeding 9,000 vehicles per day, positioning it well for continued tenant success.
Key Highlights
- Long‑term NNN lease in place with approximately five years remaining, providing a stable income stream.
- 5.9% cap rate offers an attractive return on investment.
- Built‑in annual rent increases ensure growing income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
626
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - High-quality condo leased to established orthodontic clinic with stable income.
Where is this medical office space located?
The property is located at 1256 Meridian Kalispell, MT.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Long‑term NNN lease in place with approximately five years remaining, providing a stable income stream.; 5.9% cap rate offers an attractive return on investment.; Built‑in annual rent increases ensure growing income.
