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Flex Industrial Corner Property

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
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.

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 (±1% cap)
NOI $127,726 @ 7.0% cap · market cap 9.46%
Second Best
Flex RnD
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,522 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M (±1% cap)
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

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon

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

Similar Off Market Nearby

  • Mavericks Mobile Bartending — 45 6th Ave W, Kalispell, MT 59901
  • Gina MacNeil Catering for All Occasions — kalispell, mt 59901
  • 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
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