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Property profile & analytics
FOR SALE
Retail space

317 Central Ave Whitefish, MT 59937

14,210 SF 0.15 ac lot Built 2020
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US52-0174448
Property summary
AI-generated overview

This exceptional 17,724 square foot mixed-use building, constructed in 2020 by Compass Construction, represents a unique investment opportunity in the heart of Whitefish, Montana. Situated on a 0.15-acre lot on the desirable 300 block of Central Avenue, this property benefits from its prime location within a thriving, newly developed area of the downtown core. The building's versatile design includes two ground-floor commercial retail spaces, ideal for a variety of businesses seeking high visibility and foot traffic. Upstairs, four well-appointed office spaces offer flexible layouts suitable for professional services or corporate tenants. Adding to the property's income potential are four residential rental units on the third floor, designed for nightly or weekly rentals, catering to the robust tourism market in Whitefish. This property offers a compelling blend of commercial and residential income streams, making it an attractive investment for those seeking a diversified portfolio. The building's modern construction and prime location ensure strong potential for long-term appreciation and consistent cash flow. This is a rare opportunity to acquire a substantial, high-performing asset in one of Montana's most desirable resort towns. The property's size and diverse income streams make it a truly exceptional investment prospect. The asking price is $12,000,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2020
Construction WOOD
Total area 14,210 SF
Lot 0.15 ac (6,490 SF)
APN 07-4292-36-1-51-05-0000
UPID US52-0174448
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
  • Trovare - A Culinary Adventure (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
  • Montana Work Comp Solutions Law Firm
  • Antonella LoPresti Take-out & Catering Catering Service
  • FORLOH (Bike/Boat/Book/etc) Store
  • Sammy Bakes Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Central Avenue Holdings LLC · 7 yrs held
Central Avenue Holdings LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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