Ground-Floor Commercial Condo with Private
For Sale
$400,000
570 E Swift Creek Way #100, Kalispell, MT 59901
Ground-floor commercial condo with a private entrance, designed for professional office, retail, medical, or service use.
Property Size1,181 SF
Price / SF$338.70
Days on Market16
Property Features for 570 E Swift Creek Way #100
General Information
Standard status
Active
Size
1,181 SF
Property subtype
Commercial
Zoning
Business, B1/PUD
Additional Details
Floor
Ground Floor
Taxes and HOA fees
Annual Taxes
$9,208
Amenities
private entrance
Building Details
Building Size
1,181 SF
Year Built
2026
Units
1
Listing Agency:
RE/MAX Rocky Mountain Real Estate
(406) 212-8507
Listed By:
Nikki Marengo
(406) 212-8507
Source:
Avatarrealtymt
Added: Jul 28
Changed: Aug 8
Last Checked: Aug 12 at 12:49PM
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 RE/MAX Rocky Mountain Real Estate
Investment Insights
Based on property information with market context.
This 1,181-square-foot ground-floor commercial condominium at Montarise Landing offers a flexible ownership setup with its own private entrance. The configuration is well suited for professional offices, retail boutiques, medical or wellness practices, salons, studios, daycare, or a variety of service-based businesses.
Located in North Kalispell’s expanding corridor, the property is positioned within a thoughtfully planned mixed-use community and provides convenient access to major roadways. Nearby amenities referenced in the listing include shopping and dining, Logan Health, and Glacier Park International Airport.
Available for purchase, this unit can also be purchased in conjunction with an upstairs residential condominium to create a live-work arrangement within the same community.
Located in North Kalispell’s expanding corridor, the property is positioned within a thoughtfully planned mixed-use community and provides convenient access to major roadways. Nearby amenities referenced in the listing include shopping and dining, Logan Health, and Glacier Park International Airport.
Available for purchase, this unit can also be purchased in conjunction with an upstairs residential condominium to create a live-work arrangement within the same community.
Key Highlights
- 1,181 SF ground‑floor commercial condominium in Montarise Landing (North Kalispell)
- Private entrance for the commercial unit
- Designed for professional office, retail, medical/wellness, salon, studio, daycare, or other service‑based businesses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,753
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$335,060
$335.1K
Cap Rate 7%
$239,329
$239.3K
Cap Rate 9%
$186,144
$186.1K
Market Conditions
NOI Build-Up for 1,181 SF
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.
Gross rent
$24.8K $21.00/SF
− Vacancy
−$868 −$0.74/SF
EGI
$23.9K $20.27/SF
− OpEx
−$7.2K −$6.08/SF
NOI
$16.8K $14.19/SF
Area
Flathead County, MT
Vacancy
3.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$335,060
Cap Rate 7%
$239,329
Cap Rate 9%
$186,144
Alternative Uses
Best Use
Retail
$239.3K
$209.4K – $279.2K
NOI $16,753 @ 7.0% cap · market cap 4.19%
Second Best
Healthcare Medical
$212.4K
$185.8K – $247.8K
NOI $14,866 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$263.7K
$230.7K – $307.6K
NOI $18,458 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Ground-floor commercial condo with a private entrance, designed for professional office, retail, medical, or service use.
Where is this office units located?
The property is located at 570 E Swift Creek Way #100 Kalispell, MT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,181 SF ground‑floor commercial condominium in Montarise Landing (North Kalispell); Private entrance for the commercial unit; Designed for professional office, retail, medical/wellness, salon, studio, daycare, or other service‑based businesses
