Mixed-Use Property with
For Sale
$1,095,000
2132 US Hwy 2 E, Kalispell, MT 59901
CommercialSale, Kalispell, MT
Property Size2,650 SF
Lot Size0.35 Acres
Price / SF$413.21
Days on Market47
Property Features for 2132 US Hwy 2 E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Flathead County Evergreen Overlay
Rooms
Basement
Parking features
Garage, Gated
Lot features
Level
View
Mountains
Directions
Highway 2 to 2132 US Highway 2 east.
Standard status
Active
APN
07396604209200000
Size
2,650 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S04, T28 N, R21 W, C.O.S. 22558-A, TR 1 CCC IN E2NW4
Tax Annual Amount
1776
Legal Description
S04, T28 N, R21 W, C.O.S. 22558-A, TR 1 CCC IN E2NW4
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1943
Flooring type
Simulatedwood, Carpet
Roof type
Metal
Listing Agency:
Engel & Volkers Western Frontier - Polson · Engel & Völkers
(406) 872-2233
Listed By:
Dalon Pobran · License #RRE-RBS-LIC-79842
(406) 396-0780
Added: Sep 1
Changed: Oct 17
Last Checked: Oct 17 at 5:06PM
MLS# 30077624
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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Investment Insights
Based on property information with market context.
The property combines a 922-square-foot office with a 1,344-square-foot insulated warehouse/shop. The office was remodeled in 2025 and includes three work areas, a kitchenette, a half bathroom, a finished attic with a three-quarter bathroom, and a 384-square-foot unfinished basement. Central heat and air conditioning serve the office, which also has a metal roof, updated siding, and windows. The shop, built in late 2025, includes two 12-foot roll-up bay doors, an entry office, a half bathroom, and a mezzanine. Air lines with hose fittings, 220V and 110V outlets, a natural gas heater, and a 5-inch concrete floor support shop operations.
Set on 0.35 acres along US Highway 2, the property has highway signage with electric lighting and an approximate daily vehicle count of 20,000 based on annual daily averages. The rear portion is fenced with two gates for drive-through access. Additional parking is available at the side, and the parking lot is asphalt.
Set on 0.35 acres along US Highway 2, the property has highway signage with electric lighting and an approximate daily vehicle count of 20,000 based on annual daily averages. The rear portion is fenced with two gates for drive-through access. Additional parking is available at the side, and the parking lot is asphalt.
Key Highlights
- 0.35‑acre site with frontage on US Highway 2
- 922‑square‑foot office remodeled in 2025; three work areas, kitchenette, and two bathrooms
- 1,344‑square‑foot shop built in late 2025, with two 12‑foot roll‑up bay doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,422
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,440
$628.4K
Cap Rate 7%
$448,886
$448.9K
Cap Rate 9%
$349,133
$349.1K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$49.3K $18.60/SF
− Vacancy
−$7.4K −$2.79/SF
EGI
$41.9K $15.81/SF
− OpEx
−$10.5K −$3.95/SF
NOI
$31.4K $11.86/SF
Area
Flathead County, MT
Vacancy
15.00%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,440
Cap Rate 7%
$448,886
Cap Rate 9%
$349,133
Alternative Uses
Best Use
Office B
$448.9K
$392.8K – $523.7K
NOI $31,422 @ 7.0% cap · market cap 2.87%
Second Best
Warehouse
$276.6K
$242.0K – $322.7K
NOI $19,360 @ 7.0% cap · market cap 1.77%
Theoretical Best
Office A
$591.7K
$517.7K – $690.3K
NOI $41,416 @ 7.0% cap · market cap 3.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
316
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A remodeled office and insulated shop provide distinct work areas, storage, and service-bay space on one site.
Where is this mixed-use property located?
The property is located at 2132 US Hwy 2 E Kalispell, MT.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 0.35‑acre site with frontage on US Highway 2; 922‑square‑foot office remodeled in 2025; three work areas, kitchenette, and two bathrooms; 1,344‑square‑foot shop built in late 2025, with two 12‑foot roll‑up bay doors
