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Flex Space with Roll-Up Doors
For Sale
$1,350,000

405 W Idaho St, Kalispell, MT 59901

Adaptable commercial building supporting warehouse, retail, office, or service uses.

Property Size9,004 SF
Price / SF$149.93
Days on Market64

Property Features for 405 W Idaho St

General Information

Standard status Active
Size 9,004 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1977
Listing Agency: PureWest Real Estate - Kal/Commercial
Listed By: David Girardot · License #RRE-BRO-LIC-12946
Source: Performance-realestate
Added: Aug 13 Changed: Oct 6 Last Checked: Oct 7 at 2:04PM

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.

Built in 1977, this 9,004-square-foot flex property combines a versatile interior with features suited to commercial operations. The building can be configured as two separate spaces and includes concrete floors, two roll-up doors, and two double man doors. Its layout supports warehouse, retail, office, and service applications, with signage opportunities available.

The property occupies a corner position at 405 W Idaho St in Kalispell’s central business district, along US Highway 2. Access is available from both directions, placing the building within a prominent central corridor. The combination of flexible division, loading access, and highway exposure gives users multiple ways to organize the space around their operations.

Key Highlights

  • 9,004 SF flex property built in 1977
  • Corner location at 405 W Idaho St in Kalispell’s central business district
  • Positioned along US Highway 2 with access from both directions

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,522
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,650,440 $1.7M
Cap Rate 7%
$1,178,886 $1.2M
Cap Rate 9%
$916,911 $916.9K
Market Conditions
NOI Build-Up for 9,004 SF
Gross rent
$135.1K $15.00/SF
− Vacancy
−$8.1K −$0.90/SF
EGI
$127.0K $14.10/SF
− OpEx
−$44.4K −$4.94/SF
NOI
$82.5K $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%
$1,650,440
Cap Rate 7%
$1,178,886
Cap Rate 9%
$916,911

Alternative Uses

Best Use
Flex RnD
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,522 @ 7.0% cap · market cap 6.11%
Second Best
Warehouse
$939.7K
$822.3K – $1.10M (±1% cap)
NOI $65,781 @ 7.0% cap · market cap 4.87%
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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Garden Center Grocery & Convenience Store Butcher Parking Lot & Garage

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,946
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial building supporting warehouse, retail, office, or service 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: 9,004 SF flex property built in 1977; Corner location at 405 W Idaho St in Kalispell’s central business district; Positioned along US Highway 2 with access from both directions
More about this property
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