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Property profile & analytics
OFF-MARKET
Office Spaces

231 1st St E E Ste Whitefish, MT 59937-2420

968 SF Built 2006
Entity Owned 14-yr Hold Free & Clear
Property ID
US52-0206404
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2006
Construction WOOD
Total area 968 SF
APN 07-4292-36-1-16-20-7005
UPID US52-0206404
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
  • En Route Wellness Gym & Fitness Center
  • SGBridal Hair Salon
  • aesthetics north Spa & Massage Center Alternative Medicine Practice
  • HER Salon Whitefish Hair Salon
  • her Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
No Name Properties LLC · 14 yrs held
No Name Properties LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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