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Property profile & analytics
FOR LEASE
Community centers

20 N Main St Kalispell, MT 59901

231,514 SF 22.45 ac lot Built 1985
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US52-0174348
20 N Main St, Kalispell, MT 59901 For Lease
Contact for pricing 348,742 SF available
20 N Main St, Kalispell, MT 59901
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Property summary
AI-generated overview

This exceptional 348,742 square foot retail property in Kalispell, Montana, presents a unique redevelopment opportunity. Situated on a substantial 22.45-acre lot in Flathead County, this single-tenant building offers significant potential. The property boasts approximately 2,000 linear feet of frontage along the newly completed Parkline Trail, a $7.5 million hike and bike trail. Its strategic location in historic downtown Kalispell places it at the heart of the city's 2012 Master Plan, occupying an area comparable to the length of Main Street. Currently vacant, the property allows for the immediate redevelopment of approximately 7.5 acres on the west side, offering the chance to increase density under existing zoning regulations. The property's size and location within a high-growth market make it an irreplaceable infill opportunity. Previous tenants included notable names such as JC Penney, U.S. Bank, Starbucks, Bath & Body Works, LensCrafters, Claire's, and the Red Lion Hotel (operated by Sonesta International Hotel Group). This is a chance to reposition a significant asset in a thriving Montana community. The property's address is 20 N Main St, Kalispell, MT 59901, and it is zoned for commercial use. The property is listed as a single-tenant building, with the entire 348,742 square feet currently vacant.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Construction WOOD
Total area 231,514 SF
Lot 22.45 ac (977,922 SF)
Zoning code 6
APN 07-3966-07-4-13-12-0000
UPID US52-0174348
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Maurices Clothing & Fashion Store
  • Red Lion Hotel Kalispell Hotel & Motel
  • Kalispell Center Mall Shopping Center & Mall
  • Zumiez Skateboard Shop Snowboard Shop
  • Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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by Request
Owner & transaction history
Kalispell Centre Limited Partnershi · 2 yrs held
Kalispell Centre Limited Partnershi
since 2024
4 recorded transactions
2024
Price N/A
2016
Price N/A
2013
Price N/A
2013
Price N/A
Zoning & alternative use
6 · Kalispell, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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