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Mixed-Use Building with Distillery

2134 US Hwy 2 E, Kalispell, MT 59901

For Sale
$825,000

CommercialSale, Kalispell, MT

Property Size3,467 SF
Lot Size0.50 Acres
Price / SF$237.96
Days on Market50

Property Features for 2134 US Hwy 2 E

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 1
Rooms Basement
Parking 10
Fireplace 1
Lot features Level
Directions North of junction of Hwy 2 and Hwy 35 to 2134. Just south of Army Navy and across from Goodwill Store.
Standard status Active
APN 07396604209250000
Size 3,467 SF
Lot size 0.50 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Additional Details

Property Use Restaurant and Distillery Manufacturing

Taxes and HOA fees

Tax Year 2026
Tax Description Tr 1CCB in E2NW4 S04-T28N-R21W
Tax Annual Amount 4386
Legal Description Tr 1CCB in E2NW4 S04-T28N-R21W

Utilities

Sewer type Septic Tank, Public Sewer, Private Sewer
Heating system Forced Air, Fireplace(s)
Water source Public

Building Details

Year built 1948
Flooring type Wood, Vinyl, Concrete
Roof type Composition, Metal
Listing Agency: RE/MAX Of Bigfork · RE/MAX International
Listed By: Diana M Rahdert · License MT RRE-BRO-LIC-11439
Added: Sep 25 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 30078297

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,467-square-foot mixed-use property combines a restaurant and grill with distillery production space. The dining room accommodates 25–30 guests and includes a built-in humidor, with ADA access. A commercial kitchen connects to warehouse space used for additional food preparation, distilling, and bottling. The warehouse has ceilings just over 16 feet, double-door delivery access, an employee restroom, and a separate natural gas heater. Basement storage, a second-floor area suitable for office or storage use, and a 0.5-acre parcel round out the configuration. The building dates to 1948 and has wood, vinyl, and concrete flooring. The lot includes paved parking and room to expand on the west side of the existing buildings. Zoning is County B-2 with an Evergreen Enterprise Overlay. The property is on US Hwy 2, about ten minutes from Glacier International Airport and between Glacier National Park and Flathead Lake. Distillery waste is directed to a separate storage tank rather than the Evergreen wastewater system.

Key Highlights

  • 3,467‑square‑foot mixed‑use property with restaurant and distillery operations
  • 0.5‑acre parcel with west‑side area available for expansion
  • Restaurant seating for 25–30 and a built‑in humidor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,822
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$956,440 $956.4K
Cap Rate 7%
$683,171 $683.2K
Cap Rate 9%
$531,356 $531.4K
Market Conditions
NOI Build-Up for 3,467 SF
Gross rent
$65.7K $18.96/SF
− Vacancy
−$2.0K −$0.57/SF
EGI
$63.8K $18.39/SF
− OpEx
−$15.9K −$4.60/SF
NOI
$47.8K $13.79/SF
Area
Flathead County, MT
Vacancy
3.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$956,440
Cap Rate 7%
$683,171
Cap Rate 9%
$531,356

Alternative Uses

Best Use
Specialty Retail
$683.2K
$597.8K – $797.0K (±1% cap)
NOI $47,822 @ 7.0% cap · market cap 5.80%
Second Best
Mixed Use
$349.2K
$305.5K – $407.4K (±1% cap)
NOI $24,442 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$774.1K
$677.3K – $903.1K (±1% cap)
NOI $54,185 @ 7.0% cap · market cap 6.57%
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

Conventional restaurants

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

16 ft
Clear height
Turnkey business
Opportunity
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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant, production, warehouse, office, and storage areas are arranged across multiple levels.
Where is this mixed-use property located?
The property is located at 2134 US Hwy 2 E Kalispell, MT.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 3,467‑square‑foot mixed‑use property with restaurant and distillery operations; 0.5‑acre parcel with west‑side area available for expansion; Restaurant seating for 25–30 and a built‑in humidor
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Includes: Price & PSF · Cap rate · Location · Zoning

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