Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    431 1St Ave Kalispell, MT 59901

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern Kalispell office suite, ±7,500 sq ft.

    Lot size:
    15,070 SF

    Property Features for 431 1St Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,070 SF
    Class
    B
    Total Rate
    16325.83

    Building Details

    Year Built/Renovated
    1989/2016
    Buildings
    1
    Stories
    2

    Spaces For Lease

    at 431 1St Ave, Kalispell, MT 59901 Contact us
    Unit Private Suites at 431 Business Center

    $13 /Mo

    Size
    7,501 SF
    Contact us

    We can help!

    Listing Contact
    Janna Goachee
    Janna Goachee

    Listing Agency: Sterling Commercial Real Estate Advisors Listing Agent: Janna Goachee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional office space, located at 431 1st Avenue West in Kalispell, Montana, offers ±7,500 square feet of versatile space within a larger 15,070 square foot building. The property, situated on a 0.642-acre lot, boasts a Class B designation and benefits from recent renovations completed in 2016. Originally constructed in 1989, the two-story building features an 8-foot ceiling height and ample parking with 20 spaces available. The suite is ideally situated on the garden level, offering convenient access and proximity to downtown Kalispell. This space is perfect for a single large tenant or can be subdivided to accommodate multiple smaller tenants. The minimum divisible space is 3,500 square feet, with a maximum contiguous space of 7,501 square feet. The property is zoned B-4 by the City of Kalispell (APN: 07-3966-18-1-33-13-0000). Enjoy a professional environment with strong neighboring tenants and benefit from the ideal location and dedicated parking. This is a rare opportunity to secure a well-maintained and conveniently located office space in the thriving Kalispell market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Instant Tax Solutions Law Firm Woodlands Association / Organization Integrated Wellness, PLLC Weight Loss Service Doryce Hawkins, Realtor Real Estate Agency WGM Group. Engineers, ... Engineering Consultant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.31362034916
    Latitude
    48.193883841284

    Nearby Similar for Lease

    • $5,178 /Mo
      28,314 SF

      Kalispell Commercial Space For Rent

      Commercial space in prime Kalispell location, furnished or unfurnished.
      33 Village Loop Rd, Kalispell, MT 59901
      View Details
    • New
      $5,000 /Mo
      11,195 SF

      Kalispell Commercial Space for Rent

      Basement suite in high-traffic area, ideal for various businesses.
      214 Main St S, Kalispell, MT 59901
      View Details
    • $2,700 /Mo
      1,002 SF

      Penthouse Office Space For Rent

      Unique penthouse office space with private bathroom and shower.
      100 Financial Dr, Kalispell, MT 59901
      View Details
    • $14 SF/Yr
      34,674 SF

      Kalispell Commercial Space For Lease

      Meticulously maintained showroom/office space on high-traffic corridor.
      115 W Wyoming St, Kalispell, MT 59901
      View Details
    • $16 SF/Yr
      30,013 SF

      Kalispell Commercial Space with Drive-Through

      1,076 SF Kalispell commercial space with eight drive-through lanes.
      112 E Montana St, Kalispell, MT 59901
      View Details
    • $12 SF/Yr
      34,674 SF

      Kalispell Warehouse with Highway Visibility

      Modern industrial facility in high-traffic area, ideal for various businesses.
      115 W Wyoming St, Kalispell, MT 59901
      View Details
    • $17 SF/Yr

      Downtown Kalispell Commercial Space

      Versatile 5,043 SF space in Kalispell's Central Business District.
      409 1St Ave E unit Stes B & C, Kalispell, MT 59901
      View Details
    • $22 SF/Yr
      256,133 SF

      Kalispell Commercial Space For Rent

      Up to 53,354 SF available, easy access, ample parking.
      555 Corporate Dr, Kalispell, MT 59901
      View Details
    • $22 SF/Yr

      Kalispell Office/Medical Suite For Rent

      Remodeled office/medical suite in the heart of Kalispell medical community.
      1250 Burns Way, Kalispell, MT 59901
      View Details
    • $20 SF/Yr

      Downtown Kalispell Commercial Space Available

      1,590 SF open-floorplan in vibrant Central Business District.
      409 E Unit, Kalispell, MT 59901
      View Details
    • $16 SF/Yr

      Downtown Kalispell Commercial Space

      Versatile 3,453 SF space in Kalispell's Central Business District.
      409 E Unit, Kalispell, MT 59901
      View Details
    • $15 SF/Yr
      33,106 SF

      Kalispell Commercial Facility For Lease

      9,000 SF facility on 0.75 acres available for lease.
      1943 Mt Highway 35, Kalispell, MT 59901
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Modern Kalispell office suite, ±7,500 sq ft.
    Where is this office property / space located?
    The property is located at 431 1St Ave Kalispell, MT.
    What is the lease rate?
    The lease rate is $0.00-$13 SF/Yr.
    What are key features of this property?
    This property features: Downtown Kalispell location.; Ample on-site parking.; Abundant exterior window exposure.
    (406) 314-9567 Call to check price and availability
    Request Owner's contact information
    431 1St Ave Kalispell, MT 59901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    431 1St Ave
    Kalispell, MT 59901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    431 1St Ave Kalispell, MT 59901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Janna Goachee
    Janna Goachee
    Real Estate License ID: RRE-RBS-LIC-118867
    (406) 314-9567
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!