Flex Space Complex with Overhead Garage
For Sale
Contact for pricing
903 Wisconsin Avenue, Whitefish, MT 59937
Three-building flex space complex with six overhead-garage flex spaces, dual access, and 190 feet of Wisconsin Avenue frontage.
Property Size14,559 SF
Price / SF$394.94
Days on Market11
Property Features for 903 Wisconsin Avenue
General Information
Standard status
Active
Size
14,559 SF
Property subtype
Mixed Use
Occupancy
100%
Additional Details
Road Access
Yes
Amenities
courtyard
Building Details
Year Built
1994
Buildings
3
Tenancy
Multi
Listing Agency:
National Parks Realty - Whitefish
(406) 212-0841
Listed By:
Jen Dolan · License #RRE-BRO-LIC-79245
Source:
Crexi
Added: Jul 21
Changed: Jul 30
Last Checked: Jul 30 at 2:02PM
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 National Parks Realty - Whitefish
Investment Insights
Based on property information with market context.
This flex space complex features three well-maintained buildings built in 1994. Two of the buildings are currently configured as five commercial units surrounding a courtyard, with established businesses including retail, a salon, and a dental office. An additional six versatile flex spaces along the eastern edge are equipped with overhead garage doors, and are fully leased by four long-term tenants.
The property sits along Wisconsin Avenue with 190 feet of frontage and dual access points, supported by ample parking. Reported occupancy has been strong, with 100% paid occupancy over the past decade and 95% over the past forty years.
With multiple buildings, a mix of courtyard-facing commercial units, and flex space suited for a range of uses with roll-up door access, the property provides a stabilized platform for an operator, investor, or developer seeking a multi-tenant commercial complex.
The property sits along Wisconsin Avenue with 190 feet of frontage and dual access points, supported by ample parking. Reported occupancy has been strong, with 100% paid occupancy over the past decade and 95% over the past forty years.
With multiple buildings, a mix of courtyard-facing commercial units, and flex space suited for a range of uses with roll-up door access, the property provides a stabilized platform for an operator, investor, or developer seeking a multi-tenant commercial complex.
Key Highlights
- 190 feet of frontage on Wisconsin Avenue with dual access points and ample parking
- Six flex spaces with overhead garage doors along the eastern edge
- Three well‑maintained buildings built in 1994
Financial Insights For Retail
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 | $305.7k | $21.00 |
| − Vacancy | −$10.7k | −$0.74 |
| EGI | $295.0k | $20.27 |
| − OpEx | −$88.5k | −$6.08 |
| NOI | $206.5k | $14.19 |
14,559 SF · lease $21.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.95M
$2.58M – $3.44M
NOI $206,527 @ 7.0% cap · market cap 3.59%
Second Best
Healthcare Medical
$2.62M
$2.29M – $3.05M
NOI $183,260 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$3.25M
$2.84M – $3.79M
NOI $227,540 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
998
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59937, MT
14,354
Population
8,744
Households
1.6
Avg Household Size
45
Median Age
51%
College-Educated
97%
High-School Grad
310.5 sq mi
ZIP Area
46
Density / Sq Mi
$75,512
Median Household Income
$43,105
Median Earnings
$1,335
Median Rent
$654,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Cuisine Machine — 230 Dakota Ave, Whitefish, MT 59937
Frequently Asked Questions
What type of property is this?
Flex space - Three-building flex space complex with six overhead-garage flex spaces, dual access, and 190 feet of Wisconsin Avenue frontage.
Where is this flex space located?
The property is located at 903 Wisconsin Avenue Whitefish, MT.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 190 feet of frontage on Wisconsin Avenue with dual access points and ample parking; Six flex spaces with overhead garage doors along the eastern edge; Three well‑maintained buildings built in 1994
