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    735 Main St Kalispell, MT 59901
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    Property profile & analytics

    735 Main St, Kalispell, MT 59901

    View on Map
    • Retail space
    • 0.16 lot acres
    Off-Market
    Property ID
    US52-0137069
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 735 Main St

    Year built
    1918
    Lot size
    0.16 lot acres
    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional mixed-use property at 735 S Main Street, Kalispell, Montana, presents a rare investment opportunity. Built in 1918, this 0.161-acre lot boasts a prime location near the County Courthouse, ensuring high visibility and foot traffic. The property is zoned R5 and offers a diverse range of uses, including executive office space, storefront retail, and a single-family rental portfolio. The building's versatility allows for a variety of income streams and potential for future development. A recent roof replacement is a significant advantage, minimizing immediate maintenance concerns. This property has been under the same ownership for over 25 years, making this its first time on the market in a generation. The asking price is $565,000, and owner financing may be available. Its central location and diverse income potential make this a compelling investment for discerning buyers seeking a strong return in a thriving Montana market. The property's history and location combine to create a unique opportunity for both immediate income and long-term appreciation. Easy to show.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.3106118
    Latitude
    48.1913279

    Comparable in this City

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      Kalispell Mixed-Use Building For Sale

      Commercial building with retail space and apartments in Kalispell, Montana.
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      Highway Frontage Income Property

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      Commercial Building in Kalispell, MT

      Well-maintained commercial building on a corner lot in Kalispell.
      647 6Th Ave E, Kalispell, MT 59901
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    • $767,315
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      Versatile Commercial Building in Kalispell

      Well-maintained 3,841 SF commercial building on corner lot.
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    • Contact for pricing
      Pending

      Downtown Kalispell Retail/Commercial Opportunity

      Versatile 9,668 SF commercial building in Downtown Kalispell.
      300 1St Ave W, Kalispell, MT 59901
      View Details

    Similar Nearby for Sale

    • New
      $1,399,000
      0.56 Acres

      Mixed-Use Building with Food Service

      Turnkey mixed-use building with remodeled ground-floor food service/retail and five remodeled apartments above.
      1282 Us Highway 2, Kalispell, MT 59901
      View Details
    • $1,700,000
      12,000 SF

      Kalispell Mixed-Use Building For Sale

      Commercial building with retail space and apartments in Kalispell, Montana.
      302/304 2Nd Ave W, Kalispell, MT 59901
      View Details
    • Contact for pricing
      5,032 SF

      Highway Frontage Income Property

      Income-producing retail property with highway frontage and long-term tenants.
      1005 E Idaho St, Kalispell, MT 59901
      View Details
    • $767,315
      3,841 SF

      Commercial Building in Kalispell, MT

      Well-maintained commercial building on a corner lot in Kalispell.
      647 6Th Ave E, Kalispell, MT 59901
      View Details
    • $767,315
      3,841 SF

      Versatile Commercial Building in Kalispell

      Well-maintained 3,841 SF commercial building on corner lot.
      647 6Th Ave E, Kalispell, MT 59901
      View Details
    • Contact for pricing
      Pending

      Downtown Kalispell Retail/Commercial Opportunity

      Versatile 9,668 SF commercial building in Downtown Kalispell.
      300 1St Ave W, Kalispell, MT 59901
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      81 SF

      Retail Space in Downtown Kalispell

      Retail space in the heart of downtown Kalispell, Montana.
      8 1St St E, Kalispell, MT 59901
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    • Contact for pricing

      Retail Space in Mountain View

      Retail space available at a shopping center in Kalispell.
      W Reserve Dr, Kalispell, MT 59901
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    • New
      $15 SF/Yr

      Open-Plan Retail and Office Flex Space

      Flexible open-plan space with a back work/warehouse area and an ADA-compliant restroom for retail or office use.
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    • New
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      11,195 SF

      Kalispell Commercial Space Available

      Basement suite in high-traffic area ideal for various businesses.
      214 Main St S, Kalispell, MT 59901
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    • $16 SF/Yr
      30,013 SF

      Kalispell Commercial Space with Drive-Through

      1,076 SF Kalispell commercial space with eight drive-through lanes.
      112 E Montana St, Kalispell, MT 59901
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    • Contact for pricing

      New Industrial Flex Spaces Available

      Five industrial flex spaces for lease in Kalispell, Montana.
      111 Big Horn Dr, Kalispell, MT 59901
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    Kalispell, MT 59901
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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