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Mixed-Use Property with Insulated Shop
For Sale
$1,095,000

2132 US Hwy 2 E, Kalispell, MT 59901

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
Standard status Active
Size 2,650 SF
Lot size 0.35 Acres

Building Details

Year built 1943
Listing Agency: Engel & Volkers Polson · Engel & Völkers
Listed By: Dalon Pobran · License #RRE-RBS-LIC-79842
Added: Sep 1 Changed: Oct 17 Last Checked: Oct 17 at 5:06PM
MLS# 30077624

Copyright © 2026 Engel & Völkers. 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.

This mixed-use property combines office space with a separate insulated shop. The office was remodeled in 2025 and includes 922 square feet of finished interior area, three work areas on the main floor, a kitchenette, and a half bathroom. A finished attic has a three-quarter bathroom, while a 384-square-foot partial basement provides storage. Central heating and air conditioning serve the office. The property also has a metal roof, updated siding and windows, and an asphalt parking area.

Built in late 2025, the 1,344-square-foot shop measures 32 by 42 feet and has two 12-foot roll-up doors, a small 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 are in place. The rear portion is fenced with two drive-through gates, with additional parking along the side. Highway signage has electric connections for lighting. The property fronts US Hwy 2 E, where the approximate daily vehicle count is 20,000, based on annual daily averages.

Key Highlights

  • 1,344‑square‑foot shop built in late 2025; insulated and fitted with two 12‑foot roll‑up doors
  • Office remodeled in 2025 with 922 square feet of finished space and three main‑level work areas
  • Shop includes air lines with hose fittings, 220V/110V outlets, a natural gas heater, and 5‑inch concrete floor

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 (±1% cap)
NOI $31,422 @ 7.0% cap · market cap 2.87%
Second Best
Warehouse
$276.6K
$242.0K – $322.7K (±1% cap)
NOI $19,360 @ 7.0% cap · market cap 1.77%
Theoretical Best
Office A
$591.7K
$517.7K – $690.3K (±1% cap)
NOI $41,416 @ 7.0% cap · market cap 3.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Pharmacy HVAC Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

316
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A remodeled office and a separate shop offer distinct work areas on a single commercial property.
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: 1,344‑square‑foot shop built in late 2025; insulated and fitted with two 12‑foot roll‑up doors; Office remodeled in 2025 with 922 square feet of finished space and three main‑level work areas; Shop includes air lines with hose fittings, 220V/110V outlets, a natural gas heater, and 5‑inch concrete floor
More about this property
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