100 2nd E St, Unit 4 Whitefish, MT 59937-2410

Property Details for 100 2nd E St

Year built

1984

Construction

FRAME

Property size

5,539 SF

Zone code

1

Property type

Office Properties & Spaces

APN

07-4292-36-2-10-03-7004

APU

7429236210037004

Description

This exceptional investment opportunity presents a two-story, 11,299 square foot professional office condominium in the heart of Whitefish, Montana. Located just blocks from downtown, this property boasts 39 private or semi-private suites, currently enjoying over 95% occupancy with long-term tenants in place. The combined units generate a 6.8% capitalization rate based on 2024 projected rents. The building is well-maintained, minimizing deferred maintenance needs, and features gross leases offering significant upside potential for future income growth. Ample parking is available with two shared parking lots. This income-producing property offers a compelling addition to any investment portfolio, providing a stable and reliable cash flow stream. Whitefish's thriving economy, coupled with its renowned skiing at Whitefish Mountain and proximity to Glacier National Park, ensures consistent demand for commercial space. A full operating memorandum is available upon request with a signed non-disclosure agreement. On-site long-term management ensures efficient operations and minimizes management overhead. This is a rare opportunity to acquire a high-performing commercial property in a desirable and rapidly growing market.

Location Insight

City

Whitefish

County

Flathead

State

Montana

Longitude

-114.342

Latitude

48.4108

CBSA code

28060

CBSA name

KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments