Flex Industrial Corner
405 W Idaho St Kalispell, MT 59901
New
405 W Idaho St, Kalispell, MT, 59901
$1,350,000
For Sale
$1,350,000
Corner commercial building with two roll-up doors, concrete floors, and flexible layout suited for multiple uses.
Property Size9,004 SF
Price / SF$149.93
Days on Market2
Property Features for 405 W Idaho St
General Information
- Standard status
- Active
- Size
- 9,004 SF
Building Details
- Year Built
- 1977
Listing agency
PureWest Real Estate - Kal/Commercial
(406) 212-0112
Listed by
David Girardot · License #RRE-BRO-LIC-12946
Source
Flatheadvalleybrokers
Added: Jul 20 Updated: Jul 21 at 8:03AM Checked: Jul 21 at 8:03AM
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 - Kal/Commercial
Investment Insights
Based on property information with market context.
This corner commercial property offers a flexible building layout that can support warehouse, retail, office, or service uses, with the ability to be divided into two distinct spaces. The improvements include two roll-up doors and two double man doors, along with concrete floors suitable for forklifts or pallet jacks. The building also provides excellent opportunities for signage.
The property is located at the intersection on US Highway 2 in Kalispell’s central business district, providing access and exposure from both directions.
With its versatile configuration and loading-friendly features, the site can accommodate a range of operational needs where convenient highway access and adaptable space are important.
The property is located at the intersection on US Highway 2 in Kalispell’s central business district, providing access and exposure from both directions.
With its versatile configuration and loading-friendly features, the site can accommodate a range of operational needs where convenient highway access and adaptable space are important.
Key Highlights
- Year built 1977 corner commercial building at the intersection of US Highway 2 in Kalispell’s central business district
- Visible from both directions along US Highway 2 with access/exposure from heavy‑traffic corridor
- Flexible interior layout that can be divided into two distinct spaces for multiple business uses
Local Financial Insights For Flex RnD
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 | $135.1k | $15.00 |
| − Vacancy | −$8.1k | −$0.90 |
| EGI | $127.0k | $14.10 |
| − OpEx | −$44.4k | −$4.94 |
| NOI | $82.5k | $9.17 |
9,004 SF · lease $15.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$1.82M
$1.60M – $2.13M
NOI $127,726 @ 7.0% cap · market cap 9.46%
Second Best
Flex RnD
$1.18M
$1.03M – $1.38M
NOI $82,522 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,722 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
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- Mother Chorizo’s Latin American Cuisine — 305 2nd Ave W, Kalispell, MT 59901
- Gina MacNeil Catering — kalispell, mt 59901
- Gina MacNeil Catering for All Occasions — 1 S Main St, Kalispell, MT 59901
FAQs
What type of property is this?
Flex space - Corner commercial building with two roll-up doors, concrete floors, and flexible layout suited for multiple uses.
Where is this flex space located?
The property is located at 405 W Idaho St 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: Year built 1977 corner commercial building at the intersection of US Highway 2 in Kalispell’s central business district; Visible from both directions along US Highway 2 with access/exposure from heavy‑traffic corridor; Flexible interior layout that can be divided into two distinct spaces for multiple business uses