Storefront Retail
New
For Sale
Contact for pricing
131 1st Avenue E, Kalispell, MT 59901
The unit may suit storefront, office, or practitioner use and will likely need cosmetic updates.
Property Size10,750 SF
Price / SF$0.00
Days on Market2
Property Features for 131 1st Avenue E
General Information
Standard status
Active
Size
10,750 SF
Property Condition
Severity
Repairs Needed
Evidence
cosmetic renovation/updating
Additional Details
Condition
Needs Renovation
Listing Agency:
PureWest Real Estate Bigfork
(406) 837-7050
Listed By:
Ryan Pokorny · License #RRE-RBS-LIC-81710
(406) 249-3257
Source:
Glacierparkrealty
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 25 at 2:45AM
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 Bigfork
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail unit in downtown Kalispell is described as suitable for storefront, office, or practitioner use. Cosmetic renovation or updating will likely be needed. NNN lease terms are available. Electricity and phone, internet, and TV service are tenant-paid; other utilities are included in CAM.
Key Highlights
- Downtown Kalispell location at 131 1st Avenue E
- Potential storefront, office, or practitioner use
- Cosmetic renovation or updating likely needed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,494
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,049,880
$3.0M
Cap Rate 7%
$2,178,486
$2.2M
Cap Rate 9%
$1,694,378
$1.7M
Market Conditions
NOI Build-Up for 10,750 SF
Gross rent
$225.8K $21.00/SF
− Vacancy
−$7.9K −$0.74/SF
EGI
$217.8K $20.27/SF
− OpEx
−$65.4K −$6.08/SF
NOI
$152.5K $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%
$3,049,880
Cap Rate 7%
$2,178,486
Cap Rate 9%
$1,694,378
Alternative Uses
Best Use
Retail
$2.18M
$1.91M – $2.54M
NOI $152,494 @ 7.0% cap · market cap 847,188.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $168,010 @ 7.0% cap · market cap 933,388.89%
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
Location Intelligence
Trade Area within ½ mile
2,043
Businesses Nearby
194k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Groceries 34%
Shops & Services 24%
Home Improvements & Furnishings 2%
Smith's
Groceries
35,676 visits/mo
0.3 miles
Super 1 Foods
Groceries
29,600 visits/mo
0.2 miles
Wendy's
Dining
18,599 visits/mo
0.5 miles
Starbucks
Dining
14,085 visits/mo
0.1 miles
Taco Bell
Dining
13,285 visits/mo
0.5 miles
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
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
Frequently Asked Questions
What type of property is this?
Retail space - The unit may suit storefront, office, or practitioner use and will likely need cosmetic updates.
Where is this retail space located?
The property is located at 131 1st Avenue E Kalispell, MT.
What are key features of this property?
This property features: Downtown Kalispell location at 131 1st Avenue E; Potential storefront, office, or practitioner use; Cosmetic renovation or updating likely needed
