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Freestanding Class A Bank Building
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1015 9th St W, Columbia Falls, MT 59912

Freestanding Class A bank building currently owned and operated by Park Side Credit Union.

Property Size5,848 SF
Price / SF$395.01
Days on Market1493

Property Features for 1015 9th St W

General Information

Standard status Active
Size 5,848 SF
Property subtype RETAIL
Listing Agency: Rubicon Concierge Real Estate, Inc.
Listed By: Corey Waite · License #01134516
Source: Moodyscre
Added: Sep 30, 2022 Changed: Oct 25 Last Checked: Oct 30 at 12:11PM

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 Rubicon Concierge Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This freestanding Class A bank building is currently owned and operated by Park Side Credit Union. The property totals 5,848 square feet, providing dedicated commercial space for a single banking operation.

The building is located at 1015 9th St W in Columbia Falls, Montana 59912, offering a straightforward, dedicated footprint for financial services under one operator.

As a for-sale asset with an established owner-operator in place, the property is well suited for buyers seeking a freestanding bank facility with a defined building size and a Class A profile.

Key Highlights

  • Freestanding Class A bank building
  • Currently owned and operated by Park Side Credit Union
  • 5,848 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,957
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,659,140 $1.7M
Cap Rate 7%
$1,185,100 $1.2M
Cap Rate 9%
$921,744 $921.7K
Market Conditions
NOI Build-Up for 5,848 SF
Gross rent
$122.8K $21.00/SF
− Vacancy
−$4.3K −$0.74/SF
EGI
$118.5K $20.27/SF
− OpEx
−$35.6K −$6.08/SF
NOI
$83.0K $14.19/SF
Area
Flathead County, MT
Vacancy
3.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,659,140
Cap Rate 7%
$1,185,100
Cap Rate 9%
$921,744

Alternative Uses

Best Use
Retail
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $82,957 @ 7.0% cap · market cap 3.59%
Second Best
Specialty Retail
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,664 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M (±1% cap)
NOI $91,397 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Park Side Credit ... Credit Union

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Furniture & Home Goods Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 83% Dining 15% Electronics 2%
Exxon Shops & Services
9,362 visits/mo 0.3 miles
Conoco Shops & Services
9,288 visits/mo 0.4 miles
Town Pump Shops & Services
4,281 visits/mo 0.3 miles
SUBWAY Dining
2,615 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
2,398 visits/mo 0.1 miles

Demographics for 59912, MT

15,395
Population
6,831
Households
2.3
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
188.9 sq mi
ZIP Area
81
Density / Sq Mi
$73,515
Median Household Income
$38,529
Median Earnings
$1,052
Median Rent
$438,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Bank - Freestanding Class A bank building currently owned and operated by Park Side Credit Union.
Where is this bank located?
The property is located at 1015 9th St W Columbia Falls, MT.
What is the asking price?
The asking price for this property is $2,310,000.
What are key features of this property?
This property features: Freestanding Class A bank building; Currently owned and operated by Park Side Credit Union; 5,848 square feet
(213) 434-0044 Call to check price and availability
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