Historic Church-to-Retail
203 5th Avenue W Kalispell, MT 59901
203 5th Avenue W, Kalispell, MT, 59901
Contact for pricing
For Sale
Contact for pricing
Former Scandinavian Methodist Church built in 1896, currently housing Kalispell Community Thrift.
Property Size2,228 SF
Price / SF$304.31
Days on Market81
Property Features for 203 5th Avenue W
General Information
- Standard status
- Active
- Size
- 2,228 SF
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 1900
Listing agency
Montana Property Angels
(406) 253-3246
Listed by
Leah Lindsay · License #RRE-BRO-LIC-98844
Source
Crexi
Added: May 2 Updated: Jul 21 at 12:17AM Checked: Jul 21 at 12:17AM
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 Montana Property Angels
Investment Insights
Based on property information with market context.
This property is the former Scandinavian Methodist Church, constructed in 1896, and currently operates as Kalispell Community Thrift. The offering contemplates purchase of the building and the business together, or separately. Business-related items included in the sale package are the inventory (all merchandise), as well as the Kalispell Community Thrift Facebook page, Instagram account, and logos.
The building is located at 203 5th Avenue W in Kalispell, MT 59901.
The building is located at 203 5th Avenue W in Kalispell, MT 59901.
Key Highlights
- Former Scandinavian Methodist Church built in 1896 (1900 listed), now housing Kalispell Community Thrift
- The building and the business can be purchased together or separately
- Business includes all merchandise inventory for Kalispell Community Thrift
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 | $46.8k | $21.00 |
| − Vacancy | −$1.6k | −$0.74 |
| EGI | $45.2k | $20.27 |
| − OpEx | −$13.5k | −$6.08 |
| NOI | $31.6k | $14.19 |
2,228 SF · lease $21.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$451.5K
$395.1K – $526.8K
NOI $31,605 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$497.4K
$435.3K – $580.4K
NOI $34,821 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Scandinavian Methodist Church
Tour Operator
Kalispell Community Thrift
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Former Scandinavian Methodist Church built in 1896, currently housing Kalispell Community Thrift.
Where is this retail space located?
The property is located at 203 5th Avenue W Kalispell, MT.
What is the asking price?
The asking price for this property is $678,000.
What are key features of this property?
This property features: Former Scandinavian Methodist Church built in 1896 (1900 listed), now housing Kalispell Community Thrift; The building and the business can be purchased together or separately; Business includes all merchandise inventory for Kalispell Community Thrift
