Back to Search

Downtown Kalispell Retail/Commercial Opportunity

300 1st Avenue W, Kalispell, MT 59901

View on Map

For Sale

Contact for pricing

Versatile 9,668 SF commercial building in Downtown Kalispell.

Type:Mixed Use, Special Purpose

Property size:

9,668 SF

Price / SF:

$232/SF

We can help!

Contact for Pricing

Please call us for current price
and status of this listing

James Williamson

Real Estate License ID: RRE-BRO-LIC-62214

HighLights

Prime Downtown Kalispell location with high visibility and traffic.
Large 9,668 SF versatile space suitable for retail, service, or commercial uses.
Open‑span construction allows for flexible reconfiguration and customization.
Ideal for various concepts: retail, fitness, markets, entertainment, offices, restaurants.
Located in a growing downtown district with ongoing investment.
Currently operating as a gym, offering potential for immediate use or adaptation.

For Sale

Contact for pricing

Versatile 9,668 SF commercial building in Downtown Kalispell.

Type:Mixed Use, Special Purpose

Property size:

9,668 SF

Price / SF:

$232/SF

Added:: Feb 23, 2024
Days on Market:: 864
Last Refresh:: May 12 at 10:52 pm

Property Features for 300 1st Avenue W

General Information

Standard status: Active
Size: 9,668 SF
Property subtype: Mixed Use, Special Purpose

Building Details

Year Built: 1965

We can help!

Contact an agent

James Williamson

Listing office Silvercreek Realty Group

Listing date Feb 23, 2024

Source Crexi

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 Silvercreek Realty Group

HighLights

Prime Downtown Kalispell location with high visibility and traffic.
Large 9,668 SF versatile space suitable for retail, service, or commercial uses.
Open‑span construction allows for flexible reconfiguration and customization.
Ideal for various concepts: retail, fitness, markets, entertainment, offices, restaurants.
Located in a growing downtown district with ongoing investment.
Currently operating as a gym, offering potential for immediate use or adaptation.

Overview

This 9,668 square foot commercial building, currently operating as a gym, presents a retail or commercial opportunity in Downtown Kalispell. The property features open-span construction, providing flexibility for retail, service, or commercial uses. The expansive interior allows for reconfiguration, making it suitable for retail showrooms, fitness or wellness concepts, specialty markets, entertainment venues, offices, restaurants, or multi-tenant layouts. The open floor plan allows customization to fit specific business needs. Located in Downtown Kalispell, the property benefits from visibility, local traffic, and proximity to shopping, dining, and professional services. The surrounding downtown district is experiencing investment and growth, making it an attractive opportunity for entrepreneurs, investors, or expanding brands looking to establish a presence in Northwest Montana.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$203.0k	$21.00
− Vacancy	−$7.1k	−$0.74
EGI	$195.9k	$20.27
− OpEx	−$58.8k	−$6.08
NOI	$137.1k	$14.19

9,668 SF · lease $21.00/SF/yr · vacancy 3.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.96M

$1.71M – $2.29M (±1% cap)

NOI $137,145 @ 7.0% cap · market cap 6.10%

Second Best

Mixed Use

$973.7K

$852.0K – $1.14M (±1% cap)

NOI $68,159 @ 7.0% cap · market cap 3.03%

Theoretical Best

Office A

$2.16M

$1.89M – $2.52M (±1% cap)

NOI $151,099 @ 7.0% cap · market cap 6.72%

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

Property Profile Location Intelligence

Current Use by Public Records

Bauman Erin Physician Givler Kim Physician Skonord Pam Physician Robinson Ryan Physician Snyder Douglas Physician

Suggested Use

Location Insight

Map
Local Demand

City: Kalispell
County: Flathead
State: Montana
Longitude: -114.3146289
Latitude: 48.1953003

Nearby Similar for Sale

$2,850,000

6,000 SF

Kalispell Commercial Condo Investment

Long-term NNN lease with established orthodontic clinic.

1256 North Meridian Road, Kalispell, MT 59901

View Details
$1,995,000

Gated Industrial Shop and Showroom

Two-building, gated B-2 site with garage bays and an open showroom for diversified retail and service uses.

2549 US Hwy 2 E, Kalispell, MT 59901

View Details
$1,150,000

3,524 SF

Modern Kalispell Townhomes - Investment Potential

Two attached modern townhomes with income-producing or multigenerational living potential.

532 & 534 E Evergreen Drive, Kalispell, MT 59901

View Details
$755,000

Corner Retail and Office Building

Well-maintained single-level commercial building on a corner lot with garage area and 12 parking spaces.

647 6th Avenue E, Kalispell, MT 59901

View Details
$950,000

2,432 SF

Kalispell Income-Producing Commercial Property

2.26-acre property with storage units and single-family residence.

3890 Hwy 2 E, Kalispell, MT 59901

View Details
$550,000

Renovation-Needed Retail Storefront Site

Commercial storefront site on a highly visible Hwy 200 E corridor with adjacency to the Parkline Trail.

1001 Us Hwy 2 E, Kalispell, MT 59901

View Details
$999,000

Ranch-Style Multifamily Property with Shop Apartment

Ranch home with four bedrooms plus a detached shop apartment for flexible rental or guest use.

133 Fox View Trail, Kalispell, MT 59901

View Details
$3,129,000

14,000 SF

Fully Leased Retail & Office Building

Restored retail and office building with a fully leased tenant mix and modern updates for durable downtown operations.

141 S Main Street, Kalispell, MT 59901

View Details
$595,000

1,950 SF

Kalispell Duplex: Two Separate Homes

Unique duplex in Kalispell with two separate structures.

117 3rd Avenue E, Kalispell, MT 59901

View Details
$2,000,000

Apartment Building with On-Site Laundry

Twenty rental units with on-site laundry and a spacious parking lot, offering a straightforward residential income setup.

1263 Us Highway 2 E, Kalispell, MT 59901

View Details
$2,650,000

Kalispell Commercial Property with Views

Remodeled commercial property with highway frontage and mountain views.

100 Highway 206, Kalispell, MT 59901

View Details
$1,500,000

Open-Span Retail Building with Apartments

Remodeled open-span ground floor retail space with basement storage and three upstairs apartment units, plus on- and off-street parking.

302/304 2nd Avenue W, Kalispell, MT 59901

View Details

For sale
Retail space
MT
Kalispell
59901
300 1st Avenue W

What type of property is this?

Retail space - Versatile 9,668 SF commercial building in Downtown Kalispell.

Where is this retail space located?

The property is located at 300 1st Avenue W Kalispell, MT.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: Prime Downtown Kalispell location with high visibility and traffic.; Large 9,668 SF versatile space suitable for retail, service, or commercial uses.; Open‑span construction allows for flexible reconfiguration and customization.