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Mixed-Use Property with Workshop

353 Montford, Kalispell, MT 59901

For Sale
New
$1,350,000

The property combines residential space with air-conditioned shop, storage, and office areas.

Property Size6,160 SF
Lot Size4.03 Acres
Price / SF$219.16
Days on Market2

Property Features for 353 Montford

General Information

Standard status Active
Size 6,160 SF
Lot size 4.03 Acres
Property subtype Commercial

Additional Details

Conditioned Warehouse Yes
Property Use Shop

Taxes and HOA fees

Annual Taxes $2,961

Building Details

Year Built 2016
Listing Agency: Coldwell Banker Mountain Properties
Listed By: Tucker Tonjum · License MT RRE-RBS-LIC-87926
Source: Clearwaterproperties
Added: Nov 12 Last Checked: Nov 12 at 2:13PM

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 Coldwell Banker Mountain Properties

Rey
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Investment Insights

Based on property information with market context.

Built in 2016, this mixed-use property includes a residence alongside shop, storage, and office areas. Heating features include radiant floors, three heat pumps, and a commercial-sized wood-burning boiler for backup. The building is fully air-conditioned.

The property occupies 4.03 acres and is served by a private well and septic system.

Key Highlights

  • 4.03‑acre property
  • Built in 2016
  • Residential space plus shop, storage, and office areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,456
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,120 $1.1M
Cap Rate 7%
$806,514 $806.5K
Cap Rate 9%
$627,289 $627.3K
Market Conditions
NOI Build-Up for 6,160 SF
Gross rent
$92.4K $15.00/SF
− Vacancy
−$5.5K −$0.90/SF
EGI
$86.9K $14.10/SF
− OpEx
−$30.4K −$4.94/SF
NOI
$56.5K $9.17/SF
Area
Flathead County, MT
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,120
Cap Rate 7%
$806,514
Cap Rate 9%
$627,289

Alternative Uses

Best Use
Flex RnD
$806.5K
$705.7K – $940.9K (±1% cap)
NOI $56,456 @ 7.0% cap · market cap 4.18%
Second Best
Mixed Use
$620.4K
$542.9K – $723.8K (±1% cap)
NOI $43,428 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.38M
$1.20M – $1.60M (±1% cap)
NOI $96,273 @ 7.0% cap · market cap 7.13%
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

Shop Tutoring Service

Suggested Use

Top Pick Electrical Service Building Supply Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

9
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 - The property combines residential space with air-conditioned shop, storage, and office areas.
Where is this mixed-use property located?
The property is located at 353 Montford Kalispell, MT.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 4.03‑acre property; Built in 2016; Residential space plus shop, storage, and office areas
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