Historic Building Office
300 E 2nd Street 2 Whitefish, MT 59937
300 E 2nd Street 2, Whitefish, MT, 59937
$1,395,000
Pending
For Sale
$1,395,000
Pending
Blank-slate office condo with tall ceilings, exposed brick, an existing kitchen, and two bathrooms in a downtown historic building.
Property Size3,786 SF
Days on Market18
Property Features for 300 E 2nd Street 2
General Information
- Standard status
- Pending
- Size
- 3,786 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1915
Listing agency
PureWest Real Estate - Whitefish
(406) 862-7200
Listed by
John Middleton · License #RRE-RBS-LIC-13505
Source
Clearwaterproperties
Added: Jul 4 Updated: Jul 20 at 4:30PM Checked: Jul 21 at 4:23AM
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 PureWest Real Estate - Whitefish
Investment Insights
Based on property information with market context.
Located in a landmark historic building in downtown Whitefish, Montana, this commercial condo offers a largely gutted interior ready for a custom build-out. The space includes tall ceilings and exposed brick walls, along with an existing kitchen and two bathrooms to help jumpstart renovation planning. With a flexible layout and room for personalization, the unit can be adapted to the buyer’s intended use with proper permitting.
The property is situated within the WB-3 zoning district, which is designed to support the vibrancy of the downtown core and allows a wide array of high-value uses. The offering is available for sale.
The property is situated within the WB-3 zoning district, which is designed to support the vibrancy of the downtown core and allows a wide array of high-value uses. The offering is available for sale.
Key Highlights
- 3,700+ SF commercial condo in a landmark historic building in downtown Whitefish, MT
- Year built 1915; largely gutted interior ready for a custom build‑out with proper permitting
- Tall ceilings and exposed brick walls for character‑filled commercial space
Local Financial Insights For Office B
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 | $70.4k | $18.60 |
| − Vacancy | −$10.6k | −$2.79 |
| EGI | $59.9k | $15.81 |
| − OpEx | −$15.0k | −$3.95 |
| NOI | $44.9k | $11.86 |
3,786 SF · lease $18.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$641.3K
$561.2K – $748.2K
NOI $44,892 @ 7.0% cap · market cap 3.22%
Second Best
Mixed Use
$381.3K
$333.6K – $444.9K
NOI $26,691 @ 7.0% cap · market cap 1.91%
Theoretical Best
Office A
$845.3K
$739.6K – $986.2K
NOI $59,171 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Loula's Cafe
Restaurant
The Skola
High School
Old Montana Building ...
Construction Company
Fesler Design Studio
Marketing & Advertising
Tourbase
Travel Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Blank-slate office condo with tall ceilings, exposed brick, an existing kitchen, and two bathrooms in a downtown historic building.
Where is this office units located?
The property is located at 300 E 2nd Street 2 Whitefish, MT.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 3,700+ SF commercial condo in a landmark historic building in downtown Whitefish, MT; Year built 1915; largely gutted interior ready for a custom build‑out with proper permitting; Tall ceilings and exposed brick walls for character‑filled commercial space
