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    300 1St Ave Kalispell, MT 59901

    Sponsored
    For Sale
    $2,299,000

    Mixed-use storefront, high cap rate

    Property size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,600 square foot mixed-use storefront property in downtown Kalispell, Montana, presents a compelling investment opportunity. Located at 300 1st Avenue W, this 100% occupied building boasts a 7.00% cap rate and is offered at $2,299,000. Built in 1965 on a 0.241-acre lot, the property features convenient onsite parking and an open-span design ideal for various businesses. Currently housing a long-standing, successful gym and physical therapy business, a sale-leaseback option is available with a three-year NNN lease signed prior to closing. The prime downtown location ensures high foot traffic and excellent visibility, maximizing exposure. This versatile space allows for easy customization to suit diverse business needs. The property's central location within the vibrant downtown Kalispell area (zip code 59901) offers unparalleled access to amenities and a thriving community. This is a rare opportunity to acquire a well-established, high-performing commercial property in a desirable Montana location.

    Property Features for 300 1St Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,600 SF
    Lot Size
    10,498 SF

    Building Details

    Year Built
    1965

    HighLights

    • 9,600 SF mixed‑use storefront in downtown Kalispell, MT.
    • 100% occupied with a 7.00% cap rate, priced at $2,299,000.
    • Located at 300 1st Avenue W, on a 0.241‑acre lot with onsite parking.
    • Built in 1965, featuring an open‑span design.
    • Sale‑leaseback option available with a 3‑year NNN lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bauman Erin Physical Therapist Givler Kim Physical Therapist Skonord Pam Physical Therapist Robinson Ryan Physical Therapist Snyder Douglas Physical Therapist

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.3147918
    Latitude
    48.1953284

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    FAQs

    What type of property is this?
    Individual retail property - Mixed-use storefront, high cap rate
    Where is this individual retail property located?
    The property is located at 300 1St Ave Kalispell, MT.
    What is the asking price?
    The asking price for this property is $2,299,000.
    What are key features of this property?
    This property features: 9,600 SF mixed-use storefront in downtown Kalispell, MT.; 100% occupied with a 7.00% cap rate, priced at $2,299,000.; Located at 300 1st Avenue W, on a 0.241-acre lot with onsite parking.
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    300 1St Ave Kalispell, MT 59901
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    Realmo Value Estimation

    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.

    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.

    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
    300 1St Ave Kalispell, MT 59901
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