Fully Leased Retail & Office
141 S Main Street, Kalispell, MT 59901
SINGLE_FAMILY - Kalispell, MT
Type:Retail
Property size:
14,000 SFLot size:
0.16 AcresPrice / SF:
$223/SF- Added:
- Jul 21, 2025
- Days on Market:
- 341
- Last Refresh:
- Jun 26 at 5:06 pm
Property Features for 141 S Main Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- Business
- Rooms
- Basement
- Parking features
- On Street
- Window features
- Skylight(s)
- Interior features
- Elevator
- Exterior features
- Awnings
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 07396607402130000
- Size
- 14,000 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- KAL, S07, T28 N, R21 W, BLOCK 045, Lot 013, LOTS 13 & 14
- Tax Annual Amount
- 36543
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Ductless (Heating), Hot Water(Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1901
- Flooring type
- Carpet, Wood, Concrete
- Building materials
- Brick, WoodSiding, WoodFrame
- Roof type
- Rubber
Listing agent David G Stone License #RRE-BRO-LIC-12188 (406) 250-7249
Listing office PureWest Real Estate - Kal/Commercial 1204 1st Ave E, Kalispell, MT (406) 751-4330
Listing date Jul 21, 2025
MLS# 30054240
Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully leased retail & office building with 0.5% vacancy over the past 3 years
- 14,000 SF above‑ground space plus 7,000 SF basement used by tenants (not included in rent)
- Built in 1901 with brick and wood‑frame construction and a rubber roof
- Accessibility includes an accessible elevator installed and an elevator on site
- Heating includes natural gas, hot water heating, and ductless heating; cooling via wall unit(s)
- Public water and public sewer service; parking available on street
Overview
The Ford Building is a fully leased retail and office property that has been restored and updated with a blend of historic character and modern improvements. The building includes 14,000 square feet above ground and an additional 7,000 square feet of basement space used by tenants, with the basement area described as not included in rent. Suites are offered within the existing building configuration, supporting both professional office users and street-level retail needs.
The property is located at 141 S Main Street in downtown Kalispell, within a historical district. Public remarks note very low vacancy over the past three years and that available suites have reportedly filled quickly. The surrounding area includes planned developments within the block, including an 11,000-square-foot steakhouse and a 5-story hotel.
For buyers and investors seeking an income-producing asset, this property is presented as “mostly insulated from capital market swings” in the seller’s remarks and is described as having a 7+ cap rate. For operating tenants, the building’s restored presentation and mixed retail/office setup may support established businesses looking for a stable, centrally located downtown address.
The property is located at 141 S Main Street in downtown Kalispell, within a historical district. Public remarks note very low vacancy over the past three years and that available suites have reportedly filled quickly. The surrounding area includes planned developments within the block, including an 11,000-square-foot steakhouse and a 5-story hotel.
For buyers and investors seeking an income-producing asset, this property is presented as “mostly insulated from capital market swings” in the seller’s remarks and is described as having a 7+ cap rate. For operating tenants, the building’s restored presentation and mixed retail/office setup may support established businesses looking for a stable, centrally located downtown address.
Local Financial Insights For Retail
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 | $294.0k | $21.00 |
| − Vacancy | −$10.3k | −$0.74 |
| EGI | $283.7k | $20.27 |
| − OpEx | −$85.1k | −$6.08 |
| NOI | $198.6k | $14.19 |
14,000 SF · lease $21.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.84M
$2.48M – $3.31M
NOI $198,597 @ 7.0% cap · market cap 6.35%
Second Best
Office B
$2.37M
$2.08M – $2.77M
NOI $166,005 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $218,803 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Mission Mountain Minky
(Bike/Boat/Book/etc) Store
Astute Salon and Spa
Hair Salon
Similar Places Nearby
- Kalispell Center Mall — 20 N Main St, Kalispell, MT 59901
- Eddies Gift Shop — Kalispell, MT 59901
- Grandpas Barn — Kalispell, MT 59901
- Coinstar Kiosk | Bitcoin ATM — Manito Super 1 Foods, 55 1st Avenue East N, Kalispell, MT 59901
- Depot Park Square — 146 S Main St, Kalispell, MT 59901
Location Insight
- Map
- Local Demand
- City
- Kalispell
- County
- Flathead
- State
- Montana
- Longitude
- -114.3130021
- Latitude
- 48.1969824
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Restored retail and office building with a fully leased tenant mix and modern updates for durable downtown operations.
Where is this shopping center 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 retail & office building with 0.5% vacancy over the past 3 years; 14,000 SF above‑ground space plus 7,000 SF basement used by tenants (not included in rent); Built in 1901 with brick and wood‑frame construction and a rubber roof
