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Riverfront Boat Storage Warehouses
For Sale
Under Contract
$2,150,000

NHN Riverside Lane, Bigfork, MT 59911

Land, Bigfork, MT

Property Size23,790 SF
Lot Size3.45 Acres
Price / SF$90.37
Days on Market103

Property Features for NHN Riverside Lane

General Information

Property type Land
Property subtype Other
Subdivision Riverside Estates
View Mountains, Valley
Directions Hwy 35 to Riverside Road to Riverside Line to sign.
Standard status Active Under Contract
APN 07396733101600000
Lot size 3.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Subject to final plat: Located Gov't Lot 5 of Section 33, of Township 28 North, Range 20 West, P.M.M Flathead County Montana Consisting of Lot 2 (1.276) Lot 3 (2.173 ac) *Final legal description to be verified upon final plat approval.
Tax Annual Amount 13826
HOA Fee $2,000 Annually
Legal Description Subject to final plat: Located Gov't Lot 5 of Section 33, of Township 28 North, Range 20 West, P.M.M Flathead County Montana Consisting of Lot 2 (1.276) Lot 3 (2.173 ac) *Final legal description to be verified upon final plat approval.

Utilities

Water front features River Front, Navigable Water
Listing Agency: Flathead Valley Brokers
Listed By: Linda Pistorese · License #RRE-BRO-LIC-13239
Added: Jun 30 Changed: Sep 14 Last Checked: Oct 10 at 5:06PM
MLS# 30073955

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.

Investment Insights

Based on property information with market context.

This offering combines two parcels totaling 3.449 acres in the Bigfork area. The 2.173-acre parcel contains two steel dry-storage buildings with a combined 23,790 square feet and dirt floors. The buildings are currently used for boat storage, with occupancy reported at more than 95%, and the sale remains subject to boat-storage leases in place at closing. Dry storage is limited to boat storage, RV storage, or personal use under the stated covenants.

The property includes shared use of a boat ramp and 16 feet of shared Flathead River access, with the water identified as navigable and riverfront. A separate 1.276-acre parcel is a buildable lot with preliminary approval for a private well and a 3-bedroom septic system, subject to final plat approval. The property is approximately 5 miles north of Bigfork and 8 miles southeast of Kalispell. Protective covenants apply, and an easement is located at the southeast corner of Lot 2.

Key Highlights

  • Two steel dry‑storage buildings total 23,790 square feet on a 2.173‑acre parcel
  • Boat‑storage use with reported occupancy above 95%
  • Two parcels total 3.449 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$173,804
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,476,080 $3.5M
Cap Rate 7%
$2,482,914 $2.5M
Cap Rate 9%
$1,931,156 $1.9M
Market Conditions
NOI Build-Up for 23,790 SF
Gross rent
$214.1K $9.00/SF
− Vacancy
−$9.6K −$0.41/SF
EGI
$204.5K $8.59/SF
− OpEx
−$30.7K −$1.29/SF
NOI
$173.8K $7.31/SF
Area
Flathead County, MT
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,476,080
Cap Rate 7%
$2,482,914
Cap Rate 9%
$1,931,156

Alternative Uses

Best Use
Warehouse
$2.48M
$2.17M – $2.90M (±1% cap)
NOI $173,804 @ 7.0% cap · market cap 8.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.31M
$4.65M – $6.20M (±1% cap)
NOI $371,809 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Waterfront Land

Lease Details

95%
Occupancy

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 59911, MT

8,722
Population
5,707
Households
1.5
Avg Household Size
55
Median Age
50%
College-Educated
98%
High-School Grad
491.7 sq mi
ZIP Area
18
Density / Sq Mi
$81,846
Median Household Income
$37,500
Median Earnings
$1,158
Median Rent
$608,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Two dry-storage buildings support an operating boat-storage business with shared access to the Flathead River.
Where is this warehouse located?
The property is located at NHN Riverside Lane Bigfork, MT.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two steel dry‑storage buildings total 23,790 square feet on a 2.173‑acre parcel; Boat‑storage use with reported occupancy above 95%; Two parcels total 3.449 acres
More about this property
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