Restored Mixed-Use Historic
New
For Sale
$3,129,000
141 S Main Street, Kalispell, MT 59901
Fully leased downtown property combines retail and office suites with a tenant-used basement.
Property Size14,000 SF
Price / SF$149
Days on Market2
Property Features for 141 S Main Street
General Information
Standard status
Active
Size
14,000 SF
Property subtype
Commercial
Zoning
Business, B-4 Central Business
Occupancy
100%
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$36,542
Building Details
Building Size
14,000 SF
Year Built
1901
Buildings
1
Tenancy
Multi
Abandoned
No
Listing Agency:
PureWest Real Estate - Kal/Commercial
(406) 250-7249
Listed By:
David G Stone
(406) 250-7249
Source:
Avatarrealtymt
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 5:20AM
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 - Kal/Commercial
Investment Insights
Based on property information with market context.
The Ford Building is a fully leased mixed-use property with restored retail and office suites in a 1901 building. The above-ground area contains 14,000 square feet, while a 7,000-square-foot basement is used by tenants but excluded from rent. Suites retain historic character alongside modern updates, supporting a combination of professional and retail occupants.
Positioned in Kalispell’s downtown historical district at 141 S Main Street, the property is zoned Business, B-4 Central Business. Reported vacancy averaged 0.5% over the past 3 years, and the property carries a 7+ cap rate. Planned nearby development within one block includes an 11,000-square-foot steakhouse and a 5-story hotel.
Positioned in Kalispell’s downtown historical district at 141 S Main Street, the property is zoned Business, B-4 Central Business. Reported vacancy averaged 0.5% over the past 3 years, and the property carries a 7+ cap rate. Planned nearby development within one block includes an 11,000-square-foot steakhouse and a 5-story hotel.
Key Highlights
- Fully leased mixed‑use building with retail and office suites
- 14,000 square feet above ground plus a 7,000‑square‑foot basement
- Tenant‑used basement area is excluded from rent
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $390.6k | $18.60 |
| − Vacancy | −$58.6k | −$2.79 |
| EGI | $332.0k | $15.81 |
| − OpEx | −$83.0k | −$3.95 |
| NOI | $249.0k | $11.86 |
21,000 SF · lease $18.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$4.26M
$3.72M – $4.96M
NOI $297,896 @ 7.0% cap · market cap 9.52%
Second Best
Office B
$3.56M
$3.11M – $4.15M
NOI $249,008 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$4.69M
$4.10M – $5.47M
NOI $328,205 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,043
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased downtown property combines retail and office suites with a tenant-used basement.
Where is this mixed-use property located?
The property is located at 141 S Main Street Kalispell, MT.
What is the asking price?
The asking price for this property is $3,129,000.
What are key features of this property?
This property features: Fully leased mixed‑use building with retail and office suites; 14,000 square feet above ground plus a 7,000‑square‑foot basement; Tenant‑used basement area is excluded from rent
