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    Prime Downtown Commercial Building Title is generated by Realmo AI

    32 1st W Avenue, Kalispell, MT 59901

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    For Sale
    $975,000

    Fully leased commercial building in a high-traffic downtown location.

    Type:Commercial/Industrial
    Property size:
    4,525 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $215/SF
    Added:
    Mar 12, 2026
    Days on Market:
    97
    Last Refresh:
    Apr 6 at 2:12 am

    Property Features for 32 1st W Avenue

    General Information

    Standard status
    Active
    Size
    4,525 SF
    Lot size
    0.08 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1950

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    Listing Contact
    James W Williamson
    James W Williamson

    Listing agent James W Williamson License #RRE-BRO-LIC-62214

    Listing office Silvercreek Realty Group LLC - MT

    Listing date Mar 12, 2026

    Source Exitrealty

    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 Silvercreek Realty Group LLC - MT

    HighLights

    • Prime downtown core location
    • Fully leased until February 1, 2028, providing immediate rental income
    • Tenant pays $4,500 per month
    • Inviting storefront retail space
    • High‑traffic area with excellent visibility
    • Easy access to local amenities

    Overview

    This commercial building, located in the heart of the downtown core, features an inviting storefront designed to attract foot traffic and maximize visibility. The property is fully leased with a lease expiring February 1, 2028. The tenant pays $4,500 per month. Situated in a high-traffic area with easy access to local amenities, this property is suitable for entrepreneurs, investors, or businesses looking to establish a strategic downtown presence. The property size is 4,525 square feet.

    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 $95.0k $21.00
    − Vacancy −$3.3k −$0.74
    EGI $91.7k $20.27
    − OpEx −$27.5k −$6.08
    NOI $64.2k $14.19
    4,525 SF · lease $21.00/SF/yr · vacancy 3.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $917.0K
    $802.4K – $1.07M (±1% cap)
    NOI $64,189 @ 7.0% cap · market cap 6.58%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.01M
    $884.0K – $1.18M (±1% cap)
    NOI $70,720 @ 7.0% cap · market cap 7.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aluma Glass Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Flower Child Florals — 37 5th St E #104, Kalispell, MT 59901
    • The Re-Finery — 231 S Main St, Kalispell, MT 59901
    • Farm to Market Floral — 231 N Main St, Kalispell, MT 59901
    • Rose Mountain Floral — 344 S Main St, Kalispell, MT 59901
    • Albertsons Floral — 900 W Idaho St, Kalispell, MT 59901

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.315
    Latitude
    48.1978

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    FAQs

    What type of property is this?
    Storefront property - Fully leased commercial building in a high-traffic downtown location.
    Where is this storefront property located?
    The property is located at 32 1st W Avenue Kalispell, MT.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Prime downtown core location; Fully leased until February 1, 2028, providing immediate rental income; Tenant pays $4,500 per month
    (406) 479-7770
    We can help!
    Listing Contact
    James W Williamson
    James W Williamson
    Real Estate License ID: RRE-BRO-LIC-62214
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