Single-Story Storefront Commercial
For Sale
$755,000
647 6th Avenue E, Kalispell, MT 59901
CommercialSale, Kalispell, MT
Property Size3,841 SF
Lot Size0.16 Acres
Price / SF$196.56
Days on Market394
Property Features for 647 6th Avenue E
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
R-3
Parking
12
Lot features
Level
Directions
This business is located on the corner of 6th Ave E and 7th St E. Kalispell MT
Standard status
Active
APN
07396617230080000
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
KAL ADD 3 AMD L 7,8 BLK 201, S17, T28 N, R21 W, BLOCK 201, Lot 8, KAL ADD 3 AMD L7,8 BLK 201 8
Tax Annual Amount
7335
Legal Description
KAL ADD 3 AMD L 7,8 BLK 201, S17, T28 N, R21 W, BLOCK 201, Lot 8, KAL ADD 3 AMD L7,8 BLK 201 8
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1958
Flooring type
Tile, Carpet, Concrete, Linoleum
Building materials
WoodSiding, WoodFrame
Listing Agency:
Engel & Volkers Western Frontier - Kalispell · Engel & Völkers
(406) 300-1790
Listed By:
Alice J Brotnov · License #RRE-BRO-LIC-62874
(406) 229-0120
Added: Jul 24, 2025
Changed: Aug 21
Last Checked: Aug 21 at 5:06PM
MLS# 30054388
Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property provides 3,841 square feet on one level, with a broad interior layout, garage area, and 12 on-site parking spaces. The 1958 building uses wood siding and wood-frame construction, with carpet, linoleum, tile, and concrete flooring. Natural-gas forced-air heat and central air conditioning serve the building.
Positioned at 647 6th Avenue E in Kalispell, the property occupies a 0.161-acre corner lot within an area that combines businesses, residential homes, and condominiums. Public water and public sewer are in place. The storefront configuration and flexible interior support a range of commercial layouts, subject to applicable approvals.
Positioned at 647 6th Avenue E in Kalispell, the property occupies a 0.161-acre corner lot within an area that combines businesses, residential homes, and condominiums. Public water and public sewer are in place. The storefront configuration and flexible interior support a range of commercial layouts, subject to applicable approvals.
Key Highlights
- 3,841‑square‑foot single‑level commercial building
- 0.161‑acre corner lot at 647 6th Avenue E, Kalispell, MT 59901
- 12 on‑site parking spaces plus a garage area
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
$54,487
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
7.22%
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%
$1,089,740
$1.1M
Cap Rate 7%
$778,386
$778.4K
Cap Rate 9%
$605,411
$605.4K
Market Conditions
NOI Build-Up for 3,841 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
$80.7K $21.00/SF
− Vacancy
−$2.8K −$0.74/SF
EGI
$77.8K $20.27/SF
− OpEx
−$23.4K −$6.08/SF
NOI
$54.5K $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%
$1,089,740
Cap Rate 7%
$778,386
Cap Rate 9%
$605,411
Alternative Uses
Best Use
Retail
$778.4K
$681.1K – $908.1K
NOI $54,487 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$857.6K
$750.4K – $1.00M
NOI $60,030 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,287
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Wells Fargo
Shops & Services
2,980 visits/mo
0.4 miles
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 Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Flower Child Florals — 37 5th St E #104, Kalispell, MT 59901
- The Re-Finery — 231 S Main St, Kalispell, MT 59901
- Farm to Market Floral — 231 N Main St, Kalispell, MT 59901
- Rose Mountain Floral — 344 S Main St, Kalispell, MT 59901
Frequently Asked Questions
What type of property is this?
Storefront property - Corner-lot property offers a spacious interior, garage area, and central air conditioning.
Where is this storefront property located?
The property is located at 647 6th Avenue E Kalispell, MT.
What is the asking price?
The asking price for this property is $755,000.
What are key features of this property?
This property features: 3,841‑square‑foot single‑level commercial building; 0.161‑acre corner lot at 647 6th Avenue E, Kalispell, MT 59901; 12 on‑site parking spaces plus a garage area
