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Kmart-Leased Retail Property
For Sale
Contact for pricing
Pending

2024 Us Highway 2 East, Kalispell, MT 59901

Vacant retail property with a Kmart lease in place through 2025 and options extending beyond.

Days on Market114

Property Features for 2024 Us Highway 2 East

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Eagen Real Estate
Listed By: Jessie Eagen · License #RRE-BRO-LIC-8043
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Aug 1 at 2:25PM

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 Eagen Real Estate

Investment Insights

Based on property information with market context.

The property consists of a Kmart building on approximately 8.52 acres, along with additional land totaling approximately 0.67 acres where a Burger King is located. The Kmart building is currently vacant, while the Kmart tenant lease remains in place through 2025, with options extending out further to 2048.

The asset is positioned at a high-traffic intersection of US Highway 2 E and Montana Highway 35. The Burger King building is not included in the sale.

This offering provides nearly 89,000 square feet of commercial space centered on the Kmart building, with the leased portion controlled by the existing lease terms.

Key Highlights

  • Nearly 89,000 SF of commercial space in Kalispell, MT
  • Vacant property; Kmart lease remains in place through 2025 with options through 2048
  • Includes Kmart building on 8.52 acres

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Computer & Electronic Repair Skin Care Clinic Auto Repair Shop Spa & Massage Center Gym & Fitness Center

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

25
Businesses Nearby

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 Retail in West region

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

What type of property is this?
Retail space - Vacant retail property with a Kmart lease in place through 2025 and options extending beyond.
Where is this retail space located?
The property is located at 2024 Us Highway 2 East Kalispell, MT.
What are key features of this property?
This property features: Nearly 89,000 SF of commercial space in Kalispell, MT; Vacant property; Kmart lease remains in place through 2025 with options through 2048; Includes Kmart building on 8.52 acres
(406) 542-1811 Call to check price and availability
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