Industrial Flex Building with
New
For Sale
$1,750,000
1943 MT Hwy 35, Kalispell, MT 59901
CommercialSale, Kalispell, MT
Property Size9,000 SF
Lot Size0.76 Acres
Price / SF$194.44
Days on Market4
Property Features for 1943 MT Hwy 35
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
On North side of Highway 35 as you come into Kalispell from the East.
Standard status
Active
APN
07396603101010000
Size
9,000 SF
Lot size
0.76 Acres
Additional Details
Property Use
Warehouse
Taxes and HOA fees
Tax Year
2026
Tax Description
S03, T28 N, R21 W, TR 3GA IN L1
Tax Annual Amount
11290
Legal Description
S03, T28 N, R21 W, TR 3GA IN L1
Building Details
Year built
2004
Listing Agency:
Glacier Sotheby's International Realty Bigfork
(406) 837-6100
Listed By:
Katherine Conrad · License #RRE-BRO-LIC-108906
(406) 249-4747
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 9:06PM
MLS# 30080416
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 9,000-square-foot industrial flex property includes dedicated office space and a warehouse area that can be separated into two spaces using an interior garage door. Substantial electrical capacity supports a range of industrial operations. The building was constructed in 2004 and sits on a 0.76-acre parcel.
The property fronts MT Hwy 35, with truck access and on-site parking.
The property fronts MT Hwy 35, with truck access and on-site parking.
Key Highlights
- 9,000‑square‑foot industrial flex building
- 0.76‑acre parcel
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,485
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,649,700
$1.6M
Cap Rate 7%
$1,178,357
$1.2M
Cap Rate 9%
$916,500
$916.5K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$135.0K $15.00/SF
− Vacancy
−$8.1K −$0.90/SF
EGI
$126.9K $14.10/SF
− OpEx
−$44.4K −$4.94/SF
NOI
$82.5K $9.17/SF
Area
Flathead County, MT
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,649,700
Cap Rate 7%
$1,178,357
Cap Rate 9%
$916,500
Alternative Uses
Best Use
Flex RnD
$1.18M
$1.03M – $1.37M
NOI $82,485 @ 7.0% cap · market cap 4.71%
Second Best
Warehouse
$939.3K
$821.9K – $1.10M
NOI $65,752 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,659 @ 7.0% cap · market cap 8.04%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Well-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - A divisible warehouse layout combines dedicated office space with substantial electrical capacity.
Where is this flex space located?
The property is located at 1943 MT Hwy 35 Kalispell, MT.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 9,000‑square‑foot industrial flex building; 0.76‑acre parcel; Built in 2004
