509 6 St +806 Spokane Ave Whitefish, MT 59937
- Office Properties & Spaces
- 2.24 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 509 6 St +806 Spokane Ave
- Year built
- 1979
- Lot size
- 2.24 lot acres
- Property type
- Office Properties & Spaces
- Property subtype
- Mixed-use properties
Description
Exceptional mixed-use investment opportunity in Whitefish, Montana, listed at $2,198,000. This 2.24-acre property boasts over 605 feet of Whitefish River frontage and a prominent location just one block from downtown, experiencing a daily traffic count of 14,990 vehicles. Currently featuring a 2,500 square foot building leased to a tenant, the property includes ample parking and excellent visibility. A pre-approved Planned Unit Development (PUD) allows for a waterfront mixed-use building with underground parking, encompassing 5,500 square feet of commercial space on the main floor and eight residential condos above (four three-bedroom, two two-bedroom, and two one-bedroom units). The PUD's approval is valid for three years. Alternative uses permitted within the B-2 zone include a hotel, bed and breakfast, restaurant, or brewery, all with waterfront access. The seller will lease back the existing building for one year. This is a real estate-only sale; the existing business is not included. Built in 1979, this unique development presents a compelling opportunity for investors seeking a prime location and diverse development possibilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Whitefish
- County
- Flathead
- State
- Montana
- Longitude
- -114.336
- Latitude
- 48.4049
