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300 1st Ave W 9,668 SF Retail Building Kalispell, MT 59901 $2,250,000 ($232.73/SF) 8% Cap Rate
Investment Highlights
- 9,668 SF commercial building
- Currently configured as a fitness/gym facility
- Prime Downtown Kalispell location
- Open-span construction for maximum layout flexibility
- Easily adaptable for multiple retail or commercial uses
- Opportunity for owner-user, investor, or redevelopment
Executive Summary
Retail/Commercial Opportunity - Downtown Kalispell | 9,668 SF
Position your business in the heart of Downtown Kalispell with this versatile 9,668 square foot commercial building currently operating as a gym. Designed with open-span construction, that provides exceptional flexibility for a variety of retail, service, or commercial uses.
The expansive interior allows for easy reconfiguration, making it ideal for retail showrooms, fitness or wellness concepts, specialty markets, entertainment venues, offices, restaurants, or multi-tenant layouts. The open floor plan gives future owners or tenants the ability to customize the space to fit their exact business needs.
Located in Downtown Kalispell, the property benefits from strong visibility, steady local traffic, and proximity to the area’s growing mix of shopping, dining, and professional services. The surrounding downtown district continues to see investment and growth, making this an attractive opportunity for entrepreneurs, investors, or expanding brands looking to establish a presence in Northwest Montana.
Position your business in the heart of Downtown Kalispell with this versatile 9,668 square foot commercial building currently operating as a gym. Designed with open-span construction, that provides exceptional flexibility for a variety of retail, service, or commercial uses.
The expansive interior allows for easy reconfiguration, making it ideal for retail showrooms, fitness or wellness concepts, specialty markets, entertainment venues, offices, restaurants, or multi-tenant layouts. The open floor plan gives future owners or tenants the ability to customize the space to fit their exact business needs.
Located in Downtown Kalispell, the property benefits from strong visibility, steady local traffic, and proximity to the area’s growing mix of shopping, dining, and professional services. The surrounding downtown district continues to see investment and growth, making this an attractive opportunity for entrepreneurs, investors, or expanding brands looking to establish a presence in Northwest Montana.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,668 SF
Building Class
B
Year Built/Renovated
1965/2020
Price
$2,250,000
Price Per SF
$232.73
Cap Rate
8%
NOI
$180,010
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.24 AC
Zoning
B-6 - Central Business
Parking
21 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
67’ on 1st Avenue West
Moderately walkable
70/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-3966-18-1-39-01-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,988,200 |
Property Taxes
Parcel Number
07-3966-18-1-39-01-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,988,200
Contacts
-
James Williamson -
Nate Feliksa -
Sage Advisors Powered by Silvercreek Realty Group
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300 1st Ave W
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