231 1st St E E Ste Whitefish, MT 59937-2420
This exceptional 504-square-foot commercial condo, located at 231 E 1st Street Unit F in Whitefish, Montana's historic Railway District, presents a compelling investment opportunity. Boasting WB3 zoning, the property is ideally suited for a variety of uses, including office space, professional services, or retail. The unit features a desirable open layout bathed in natural light from large windows, enhancing its appeal and functionality. A private bathroom and a small outdoor patio add to its convenience and charm. The property benefits from a shared courtyard with five parking spaces, providing ample parking for clients and employees. Its enviable location offers immediate proximity to a wealth of amenities, including numerous shops and restaurants, convenient access to bike and pedestrian paths, a SNOW bus stop, and the train depot. The property's strong investment potential is further underscored by its consistent rental history (currently leased), its proximity to a new hotel under construction (a one-minute walk), and the proposed expansion of the downtown master plan, promising future growth and increased value. Adding to its attractiveness, owner financing is available, making this an even more accessible and attractive proposition for discerning investors. This is a rare opportunity to acquire a thriving commercial property in a rapidly developing area of Whitefish.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.