Office Unit with Shared
723 5th Avenue E, Kalispell, MT 59901
For Sale
$165,000
CommercialSale, Kalispell, MT
Property Size420 SF
Price / SF$392.86
Days on Market49
Property Features for 723 5th Avenue E
General Information
Property type
Property subtype
Zoning description
Parking features
Directions
Standard status
APN
Size
Additional Details
Currently Operating
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Amenities
fitness center
common kitchen
conference room
showers
restrooms
Building Details
Year built
Listing Agency:
PureWest Real Estate Whitefish
(406) 862-4900
Listed By:
Taysha Garwood · License MT RRE-RBS-LIC-71304
(406) 871-5170
Added: Sep 23
Changed: Nov 10
Last Checked: Nov 10 at 10:06PM
MLS# 30078520
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.
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Investment Insights
Based on property information with market context.
This 420-square-foot office condominium is currently used for a therapy practice. Shared building amenities include a conference room, fitness center, kitchen, showers, and restrooms. The building dates to 1912, and the unit has access to public water and sewer service.
On-street parking is available. Condominium fees cover internet, electricity, heat, trash service, snow removal, landscaping, and maintenance of common areas.
On-street parking is available. Condominium fees cover internet, electricity, heat, trash service, snow removal, landscaping, and maintenance of common areas.
Key Highlights
- 420 square feet of office space
- Currently used for a therapy practice
- Shared conference room, fitness center, kitchen, showers, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,287
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$105,740
$105.7K
Cap Rate 7%
$75,529
$75.5K
Cap Rate 9%
$58,744
$58.7K
Market Conditions
NOI Build-Up for 420 SF
Gross rent
$9.3K $22.20/SF
− Vacancy
−$513 −$1.22/SF
EGI
$8.8K $20.98/SF
− OpEx
−$3.5K −$8.39/SF
NOI
$5.3K $12.59/SF
Area
Flathead County, MT
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$105,740
Cap Rate 7%
$75,529
Cap Rate 9%
$58,744
Alternative Uses
Best Use
Healthcare Medical
$75.5K
$66.1K – $88.1K
NOI $5,287 @ 7.0% cap · market cap 3.20%
Second Best
Office B
$71.1K
$62.3K – $83.0K
NOI $4,980 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$93.8K
$82.1K – $109.4K
NOI $6,564 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,287
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
$417,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Kalispell, MT
Properties on Market for Office Units in Kalispell
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Shared conference, fitness, and kitchen facilities complement this professional workspace.
Where is this office unit located?
The property is located at 723 5th Avenue E Kalispell, MT.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 420 square feet of office space; Currently used for a therapy practice; Shared conference room, fitness center, kitchen, showers, and restrooms
