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1282 US Highway 2 E 5 Unit Apartment Building $1,500,000 ($300,000/Unit) Kalispell, MT 59901
EXECUTIVE SUMMARY
Don’t miss this exceptional mixed-use property offering both strong income potential and a high-visibility commercial location. Ideal for an investor or owner-occupant, the ground floor features 3,220 square feet of newly remodeled commercial space, perfectly suited for food service or retail sales. Positioned just off Highway 2 East, the property benefits from some of the highest traffic counts in Flathead County, ensuring outstanding exposure for your business. The commercial space includes dedicated front parking, while an ample parking lot serves both residential and commercial uses. All top-of-the-line fixtures, furnishings and equipment are included at the listing price (see Equipment Schedule).
Upstairs, the residential component includes five fully occupied apartments—four one-bedroom units and one three-bedroom unit—all remodeled within the past several years. The building has been well maintained, with a new roof on both the main structure and the residential carport. A recent inspection was completed, and nearly all critical items identified were addressed by the current and previous owners.
Whether you’re seeking a high-visibility food service location, a turnkey income-producing property, or the flexibility to occupy the commercial space while rental income helps offset your mortgage, this property checks all the boxes.
Upstairs, the residential component includes five fully occupied apartments—four one-bedroom units and one three-bedroom unit—all remodeled within the past several years. The building has been well maintained, with a new roof on both the main structure and the residential carport. A recent inspection was completed, and nearly all critical items identified were addressed by the current and previous owners.
Whether you’re seeking a high-visibility food service location, a turnkey income-producing property, or the flexibility to occupy the commercial space while rental income helps offset your mortgage, this property checks all the boxes.
PROPERTY FACTS
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $300,000 | Lot Size | 0.56 AC |
| Sale Type | Investment | Building Size | 6,440 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1977/2025 |
| Zoning | Business - B-2; Evergreen Enterprise Overlay | ||
| Price | $1,500,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 6,440 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2025 |
| Zoning | Business - B-2; Evergreen Enterprise Overlay |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 3+2 | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 07-3966-04-3-08-24-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,005,100 |
PROPERTY TAXES
Parcel Number
07-3966-04-3-08-24-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,005,100
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1282 US Highway 2 E
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